Lomiko Metals (CVE:LMR) Shares Up 16.7%

Shares of Lomiko Metals Inc. (CVE:LMRGet Free Report) were up 16.7% on Friday . The company traded as high as C$0.04 and last traded at C$0.04. 627,606 shares changed hands during trading, a decline of 26% from the average daily volume of 849,554 shares. The stock had previously closed at C$0.03.

Lomiko Metals Price Performance

The stock has a market capitalization of C$12.02 million, a price-to-earnings ratio of -3.00 and a beta of 1.81. The company has a quick ratio of 3.23, a current ratio of 2.55 and a debt-to-equity ratio of 0.92. The firm has a 50-day moving average of C$0.03 and a two-hundred day moving average of C$0.02.

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.

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