Laurion Mineral Exploration (CVE:LME) Shares Up 33.3% – Time to Buy?

Laurion Mineral Exploration Inc. (CVE:LMEGet Free Report)’s stock price rose 33.3% during trading on Friday . The stock traded as high as C$0.44 and last traded at C$0.40. Approximately 685,887 shares changed hands during trading, an increase of 785% from the average daily volume of 77,542 shares. The stock had previously closed at C$0.30.

Laurion Mineral Exploration Stock Performance

The firm’s 50-day moving average price is C$0.33 and its 200 day moving average price is C$0.36. The company has a market cap of C$109.40 million, a price-to-earnings ratio of -29.87 and a beta of 0.05.

About Laurion Mineral Exploration

(Get Free Report)

Laurion Mineral Exploration Inc engages in the acquisition, exploration, and development of mineral properties in Canada. It explores for gold, silver, zinc, copper, and other base metal deposits. The company's flagship property is the Ishkoday property covering an area of 57.43 square kilometer located in Irwin, Pifher, Walters, and Elmhirst townships, Thunder Bay Mining Division.

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