Lomiko Metals (CVE:LMR) Stock Crosses Above 200 Day Moving Average – Time to Sell?
by Amy Steele · The Cerbat GemShares of Lomiko Metals Inc. (CVE:LMR – Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.16 and traded as high as C$0.16. Lomiko Metals shares last traded at C$0.16, with a volume of 32,409 shares traded.
Lomiko Metals Stock Performance
The stock has a market cap of C$8.77 million, a P/E ratio of -4.97 and a beta of 2.02. The stock has a 50-day moving average price of C$0.15 and a 200-day moving average price of C$0.16.
About Lomiko Metals
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.
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