Laurion Mineral Exploration (CVE:LME) Stock Price Down 2.5% – Here’s What Happened

Laurion Mineral Exploration Inc. (CVE:LMEGet Free Report) dropped 2.5% during trading on Wednesday . The company traded as low as C$0.39 and last traded at C$0.39. Approximately 78,254 shares traded hands during mid-day trading, a decline of 27% from the average daily volume of 107,776 shares. The stock had previously closed at C$0.40.

Laurion Mineral Exploration Price Performance

The firm has a fifty day moving average price of C$0.40 and a two-hundred day moving average price of C$0.40. The company has a quick ratio of 35.69, a current ratio of 19.62 and a debt-to-equity ratio of 4.93. The stock has a market capitalization of C$104.45 million, a P/E ratio of -19.50 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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