Laurion Mineral Exploration (CVE:LME) Stock Price Down 7.4% – Should You Sell?

Laurion Mineral Exploration Inc. (CVE:LMEGet Free Report) fell 7.4% during mid-day trading on Tuesday . The company traded as low as C$0.24 and last traded at C$0.25. 527,957 shares were traded during mid-day trading, an increase of 334% from the average session volume of 121,666 shares. The stock had previously closed at C$0.27.

Laurion Mineral Exploration Trading Down 5.9%

The stock has a 50-day simple moving average of C$0.28 and a 200 day simple moving average of C$0.32. The company has a market cap of C$66.89 million, a price-to-earnings ratio of -15.00 and a beta of -1.46.

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. The company was formerly known as Laurion Gold Inc and changed its name to Laurion Mineral Exploration Inc in October 2006.

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