Laurion Mineral Exploration (CVE:LME) Shares Down 2.5% – Here’s What Happened

Laurion Mineral Exploration Inc. (CVE:LMEGet Free Report)’s stock price dropped 2.5% during mid-day trading on Wednesday . The stock traded as low as C$0.39 and last traded at C$0.39. Approximately 78,254 shares were traded during trading, a decline of 27% from the average daily volume of 107,776 shares. The stock had previously closed at C$0.40.

Laurion Mineral Exploration Stock Performance

The company has a quick ratio of 35.69, a current ratio of 19.62 and a debt-to-equity ratio of 4.93. The business has a 50 day moving average price of C$0.40 and a 200 day moving average price of C$0.40. The stock has a market cap of C$103.11 million, a P/E ratio of -19.25 and a beta of 0.05.

About Laurion Mineral Exploration

(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.

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