Lomiko Metals Inc. (CVE:LMR – Free Report) stock price rose 16.7% on Friday. The company traded as high as C$0.04 and was last seen at C$0.04. About 627,606 shares changed hands during trading, a 26% decline from the average daily volume of 849,554 shares. The stock had previously closed at C$0.03.
Price development of Lomiko Metals shares
The stock’s 50-day moving average price is CAD $0.03 and its 200-day moving average price is CAD $0.02. The company has a quick ratio of 3.23, a current ratio of 2.55 and a debt-to-equity ratio of 0.92. The stock has a market cap of CAD $12.02 million, a P/E ratio of -3.00 and a beta of 1.81.
About Lomiko Metals
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Lomiko Metals Inc. is engaged in the acquisition, exploration and development of mineral properties in Canada. The company is exploring for graphite and lithium deposits. The company’s flagship project is the 100% owned La Loutre graphite deposit in the 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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