Lomiko Metals (CVE:LMR) Stock Passes Below 200 Day Moving Average – Time to Sell?

Lomiko Metals Inc. (CVE:LMRGet Free Report)’s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.17 and traded as low as C$0.12. Lomiko Metals shares last traded at C$0.13, with a volume of 14,500 shares changing hands.

Lomiko Metals Stock Performance

The company has a debt-to-equity ratio of 0.92, a current ratio of 1.68 and a quick ratio of 3.23. The company has a fifty day moving average price of C$0.13 and a 200 day moving average price of C$0.17. The stock has a market cap of C$5.03 million, a P/E ratio of -1.39 and a beta of 2.02.

Lomiko Metals Company Profile

(Get Free Report)

Lomiko Metals Inc engages in the acquisition, exploration, and development of resource properties in Canada. It explores for graphite and lithium deposits. The company's flagship project is its 100% owned La Loutre graphite property located in Laurentian region of Quebec. The company was formerly known as Lomiko Resources Inc and changed its name to Lomiko Metals Inc in October 2008.

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