Lomiko Metals (CVE:LMR) Trading 18.2% Higher – What’s Next?

Lomiko Metals Inc. (CVE:LMR) shares rose 18.2% on Tuesday . The stock traded as high as C$0.14 and last traded at C$0.13. Approximately 158,010 shares changed hands during mid-day trading, an increase of 313% from the average daily volume of 38,304 shares. The stock had previously closed at C$0.11.

Lomiko Metals Trading Down 3.8%

The stock’s 50-day moving average price is C$0.11 and its 200-day moving average price is C$0.11. The company has a market cap of C$8.77 million, a P/E ratio of -1.56 and a beta of 0.55.

About Lomiko Metals

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.