Technical Analysis for LME - Laurion Mineral Exploration Inc.

Grade Last Price % Change Price Change
C 0.400 1.27% 0.005
LME closed up 1.27 percent on Friday, November 22, 2024, on 64 percent of normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Flat Up

Date Alert Name Type % Chg
20 DMA Support Bullish 0.00%
Crossed Above 50 DMA Bullish 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
Stochastic Reached Overbought Strength 0.00%
Earnings Movers Other 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Gapped Down Weakness 0.00%
50 DMA Resistance Bearish 1.27%
New Downtrend Bearish 1.27%

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Profile

Laurion Mineral Exploration Inc. Description

Laurion Mineral Exploration Inc. is engaged in the acquisition and exploration of gold and base metals. The Company has interests in mining properties located in Ontario, Canada. It holds interest in over two resource properties, such as Ishkoday and Midlothian. The Ishkoday property is situated in the Onaman-Tashota Greenstone Belt, over 220 kilometers northeast of Thunder Bay, Ontario. The Ishkoday property includes an approximately 4,440 hectare land package consisting of over 20 contiguous mining leases and approximately 20 mining claims totaling over 200 units located in Irwin, Walters, Elmhirst and Pifher Townships, approximately 25 kilometers northeast of the Town of Beardmore. The Midlothian Property consists of over 10 claims (approximately 150 claim units) covering an area of approximately 2,430 hectares, and is located over 80 kilometers west-southwest of Kirkland Lake and approximately 25 kilometers west-southwest of the town of Matachewan.


Classification

Sector: Basic Materials
Industry: Gold
Keywords: Mining Mineral Gold Metal Metals Mineral Exploration Base Metal Stone Ships Greenstone Belt Matachewan Beardmore Contiguous Mining Leases

Is LME a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 0.54
52 Week Low 0.32
Average Volume 81,214
200-Day Moving Average 0.405
50-Day Moving Average 0.398
20-Day Moving Average 0.392
10-Day Moving Average 0.393
Average True Range 0.015
RSI (14) 53.92
ADX 26.99
+DI 8.879
-DI 26.541
Chandelier Exit (Long, 3 ATRs) 0.356
Chandelier Exit (Short, 3 ATRs) 0.404
Upper Bollinger Bands 0.404
Lower Bollinger Band 0.379
Percent B (%b) 0.85
BandWidth 6.284
MACD Line -0.001
MACD Signal Line -0.002
MACD Histogram 0.001
Fundamentals Value
Market Cap 79.49 Million
Num Shares 199 Million
EPS -0.01
Price-to-Earnings (P/E) Ratio -57.14
Price-to-Sales 0.00
Price-to-Book 15.94
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.415
Resistance 3 (R3) 0.413 0.407 0.413
Resistance 2 (R2) 0.407 0.403 0.408 0.412
Resistance 1 (R1) 0.403 0.400 0.405 0.405 0.411
Pivot Point 0.397 0.397 0.398 0.398 0.397
Support 1 (S1) 0.393 0.393 0.395 0.395 0.389
Support 2 (S2) 0.387 0.390 0.388 0.388
Support 3 (S3) 0.383 0.387 0.388
Support 4 (S4) 0.385