Lomiko Metals (CVE:LMR) Stock Passes Above 200-Day Moving Average – Here’s What Happened

Lomiko Metals Inc. (CVE:LMRGet Free Report)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.13 and traded as high as C$0.16. Lomiko Metals shares last traded at C$0.16, with a volume of 6,022 shares.

Lomiko Metals Price Performance

The stock has a fifty day moving average of C$0.20 and a 200 day moving average of C$0.13. The stock has a market cap of C$6.24 million, a price-to-earnings ratio of -1.72 and a beta of 2.02. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.68 and a quick ratio of 3.23.

Lomiko Metals Company Profile

(Get Free Report)

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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