Lomiko Metals Inc. (CVE:LMR – Get Free Report) shares dropped 8.9% during mid-day trading on Friday . The stock traded as low as C$0.21 and last traded at C$0.21. Approximately 45,605 shares changed hands during trading, a decline of 36% from the average daily volume of 71,622 shares. The stock had previously closed at C$0.23.
Lomiko Metals Stock Performance
The business has a fifty day moving average of C$0.24 and a 200 day moving average of C$0.10. The company has a market cap of C$7.25 million, a P/E ratio of -2.00 and a beta of 2.10. The company has a quick ratio of 3.23, a current ratio of 1.68 and a debt-to-equity ratio of 0.92.
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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