Laurion Mineral Exploration (CVE:LME) Stock Price Down 1.3% – Time to Sell?

Laurion Mineral Exploration Inc. (CVE:LMEGet Free Report) dropped 1.3% during mid-day trading on Tuesday . The stock traded as low as C$0.39 and last traded at C$0.40. Approximately 61,294 shares changed hands during trading, a decline of 21% from the average daily volume of 77,573 shares. The stock had previously closed at C$0.40.

Laurion Mineral Exploration Trading Down 1.3 %

The firm’s 50-day simple moving average is C$0.40 and its 200 day simple moving average is C$0.41. The firm has a market capitalization of C$105.79 million, a price-to-earnings ratio of -19.75 and a beta of 0.05. The company has a debt-to-equity ratio of 4.93, a current ratio of 19.62 and a quick ratio of 35.69.

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.

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