Lomiko Metals (CVE:LMR) Reaches New 12-Month Low – What’s Next?

Shares of Lomiko Metals Inc. (CVE:LMRGet Free Report) hit a new 52-week low on Wednesday . The company traded as low as C$0.06 and last traded at C$0.06, with a volume of 6695 shares changing hands. The stock had previously closed at C$0.07.

Lomiko Metals Price Performance

The firm has a market cap of C$4.45 million, a PE ratio of -0.75 and a beta of 0.28. The business has a 50-day moving average price of C$0.09 and a two-hundred day moving average price of C$0.11.

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. Lomiko Metals Inc was incorporated in 1987 and is based in Surrey, Canada.

Further Reading

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