Leading Edge Materials Corp (CVE:LEM) shares reached a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.14 and last traded at C$0.16, with a volume of 14500 shares trading hands. The stock had previously closed at C$0.15.
The company has a market capitalization of $14.33 million and a P/E ratio of -4.17.
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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.
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