Shares of Lomiko Metals Inc. (CVE:LMR – Get Free Report) dropped 16.7% during trading on Tuesday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 425,100 shares traded hands during trading, a decline of 50% from the average daily volume of 856,560 shares. The stock had previously closed at C$0.03.
Lomiko Metals Stock Performance
The company has a current ratio of 2.55, a quick ratio of 3.23 and a debt-to-equity ratio of 0.92. The company’s 50 day moving average is C$0.03 and its 200-day moving average is C$0.02. The company has a market capitalization of C$10.02 million, a P/E ratio of -3.00 and a beta of 1.81.
Lomiko Metals Company Profile
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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