Lomiko Metals Inc. (CVE:LMR – Get Free Report) shot up 60% during mid-day trading on Tuesday . The company traded as high as C$0.12 and last traded at C$0.12. 3,094,122 shares traded hands during trading, an increase of 2,186% from the average daily volume of 135,350 shares. The stock had previously closed at C$0.07.
Lomiko Metals Stock Performance
The stock has a market capitalization of C$9.60 million, a price-to-earnings ratio of -1.50 and a beta of 0.54. The firm’s fifty day simple moving average is C$0.08 and its 200 day simple moving average is C$0.10.
Lomiko Metals Company Profile
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. Lomiko Metals Inc was incorporated in 1987 and is based in Surrey, Canada.
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