Lomiko Metals (CVE:LMR) Shares Down 20%

Lomiko Metals Inc. (CVE:LMRGet Free Report) fell 20% on Monday . The stock traded as low as C$0.02 and last traded at C$0.02. 117,000 shares traded hands during trading, a decline of 55% from the average session volume of 258,075 shares. The stock had previously closed at C$0.03.

Lomiko Metals Stock Down 20.0 %

The company has a 50 day simple moving average of C$0.02 and a two-hundred day simple moving average of C$0.02. The company has a quick ratio of 3.23, a current ratio of 5.98 and a debt-to-equity ratio of 0.92. The company has a market capitalization of C$6.98 million, a P/E ratio of -2.50 and a beta of 1.87.

Lomiko Metals Company Profile

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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 southern 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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