Lomiko Metals (CVE:LMR) Stock Passes Above 200 Day Moving Average – Time to Sell?

Lomiko Metals Inc. (CVE:LMRGet Free Report)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.16 and traded as high as C$0.18. Lomiko Metals shares last traded at C$0.18, with a volume of 22,000 shares trading hands.

Lomiko Metals Price Performance

The stock has a 50 day simple moving average of C$0.15 and a 200-day simple moving average of C$0.16. The firm has a market cap of C$9.02 million, a PE ratio of -5.11 and a beta of 2.02.

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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