Laurion Mineral Exploration (CVE:LME) Trading 1.3% Higher – Time to Buy?

Laurion Mineral Exploration Inc. (CVE:LME) shares traded up 1.3% during trading on Tuesday . The stock traded as high as C$0.40 and last traded at C$0.40. 63,600 shares were traded during mid-day trading, a decline of 20% from the average session volume of 79,758 shares. The stock had previously closed at C$0.40.

Laurion Mineral Exploration Stock Performance

The company has a debt-to-equity ratio of 4.93, a current ratio of 19.62 and a quick ratio of 35.69. The firm has a fifty day simple moving average of C$0.41 and a 200 day simple moving average of C$0.41. The company has a market capitalization of C$107.13 million, a price-to-earnings ratio of -20.00 and a beta of 0.05.

Laurion Mineral Exploration Company Profile

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.