Lomiko Metals (CVE:LMR) Stock Price Crosses Below 200 Day Moving Average – Time to Sell?

Lomiko Metals Inc. (CVE:LMRGet Free Report)’s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.16 and traded as low as C$0.13. Lomiko Metals shares last traded at C$0.14, with a volume of 9,000 shares traded.

Lomiko Metals Stock Performance

The company has a current ratio of 1.68, a quick ratio of 3.23 and a debt-to-equity ratio of 0.92. The firm has a market capitalization of C$5.64 million, a PE ratio of -1.56 and a beta of 2.02. The business’s 50 day simple moving average is C$0.15 and its two-hundred day simple moving average is C$0.16.

About Lomiko Metals

(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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