Laurion Mineral Exploration (CVE:LME) Stock Price Up 7.7% – Here’s Why

Shares of Laurion Mineral Exploration Inc. (CVE:LMEGet Free Report) traded up 7.7% on Friday . The company traded as high as C$0.30 and last traded at C$0.28. 162,052 shares traded hands during trading, an increase of 66% from the average session volume of 97,345 shares. The stock had previously closed at C$0.26.

Laurion Mineral Exploration Stock Up 7.7%

The stock has a market cap of C$78.04 million, a price-to-earnings ratio of -17.50 and a beta of -1.10. The stock has a 50 day simple moving average of C$0.28 and a 200 day simple moving average of C$0.32.

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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