Laurion Mineral Exploration (CVE:LME) Stock Price Down 7.7% - Should You Sell?

Laurion Mineral Exploration Inc. (CVE:LME - Get Free Report) was down 7.7% during mid-day trading on Wednesday . The stock traded as low as C$0.35 and last traded at C$0.36. Approximately 100,200 shares were traded during mid-day trading, an increase of 27% from the average daily volume of 78,644 shares. The stock had previously closed at C$0.39.

Laurion Mineral Exploration Stock Performance

The business has a fifty day moving average of C$0.40 and a 200-day moving average of C$0.40. The company has a market cap of C$104.45 million, a PE ratio of -19.50 and a beta of 0.05. The company has a current ratio of 19.62, a quick ratio of 35.69 and a debt-to-equity ratio of 4.93.

Laurion Mineral Exploration Company Profile

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.