Leading Edge Materials (CVE:LEM) Trading Up 11.6%

Leading Edge Materials Corp (CVE:LEM)’s share price was up 11.6% during mid-day trading on Friday . The stock traded as high as C$0.26 and last traded at C$0.24, approximately 70,041 shares changed hands during trading. A decline of 49% from the average daily volume of 136,787 shares. The stock had previously closed at C$0.22.

The stock has a market capitalization of $21.97 million and a price-to-earnings ratio of -6.86. The firm has a 50-day simple moving average of C$0.27.

About Leading Edge Materials (CVE:LEM)

Leading Edge Materials Corp., a junior mining company, engages in the exploration and development of mineral resource properties. It explores for graphite, lithium, rare earth elements, and cobalt. The company's flagship project is the Woxna project that comprises 4 exploitation mining concessions consisting of Kringelgruven, Mattsmyra, Gropabo, and Mansberg with an area totaling 146.71 hectares located near the town of Edsbyn, Sweden.

Recommended Story: Bond

Receive News & Ratings for Leading Edge Materials Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Leading Edge Materials and related companies with MarketBeat.com's FREE daily email newsletter.