Laurion Mineral Exploration (CVE:LME) Trading 2.3% Higher – Here’s Why

Shares of Laurion Mineral Exploration Inc. (CVE:LME) traded up 2.3% during mid-day trading on Friday . The company traded as high as C$0.23 and last traded at C$0.22. 72,844 shares traded hands during mid-day trading, a decline of 25% from the average session volume of 96,501 shares. The stock had previously closed at C$0.22.

Laurion Mineral Exploration Stock Up 2.3%

The stock has a 50-day simple moving average of C$0.22 and a two-hundred day simple moving average of C$0.27. The firm has a market cap of C$61.32 million, a PE ratio of -12.94 and a beta of -1.73.

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