Laurion Mineral Exploration (CVE:LME) Stock Price Down 11.4% – Here’s What Happened

Laurion Mineral Exploration Inc. (CVE:LMEGet Free Report) fell 11.4% on Monday . The stock traded as low as C$0.14 and last traded at C$0.15. 293,679 shares were traded during trading, an increase of 255% from the average session volume of 82,651 shares. The stock had previously closed at C$0.17.

Laurion Mineral Exploration Stock Performance

The firm has a 50 day moving average price of C$0.19 and a 200-day moving average price of C$0.22. The company has a market cap of C$43.20 million, a P/E ratio of -9.12 and a beta of -1.22.

About Laurion Mineral Exploration

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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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