Laurion Mineral Exploration (CVE:LME) Trading Up 7.7% – Should You Buy?

Laurion Mineral Exploration Inc. (CVE:LMEGet Free Report) traded up 7.7% during trading on Friday . The stock traded as high as C$0.30 and last traded at C$0.28. 168,552 shares were traded during mid-day trading, an increase of 63% from the average session volume of 103,538 shares. The stock had previously closed at C$0.26.

Laurion Mineral Exploration Stock Performance

The company has a market cap of C$76.65 million, a PE ratio of -17.19 and a beta of -1.10. The firm’s 50 day moving average is C$0.28 and its 200-day moving average is C$0.32.

Laurion Mineral Exploration Company Profile

(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. The company was formerly known as Laurion Gold Inc and changed its name to Laurion Mineral Exploration Inc in October 2006.

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