Lomiko Metals (CVE:LMR) Trading Up 7.1% – Here’s Why

Lomiko Metals Inc. (CVE:LMRGet Free Report) shares were up 7.1% on Tuesday . The company traded as high as C$0.08 and last traded at C$0.08. Approximately 30,876 shares changed hands during trading, a decline of 77% from the average daily volume of 132,965 shares. The stock had previously closed at C$0.07.

Lomiko Metals Price Performance

The stock has a market cap of C$6.67 million, a P/E ratio of -1.13 and a beta of 0.52. The company’s 50 day simple moving average is C$0.08 and its 200 day simple moving average is C$0.11.

About Lomiko Metals

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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 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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