Bullboard - Stock Discussion Forum Laurion Mineral Exploration Inc. V.LME

Alternate Symbol(s): LMEFF

Metals & Mining Gold

Laurion Mineral Exploration Inc. is a Canada-based mid-stage junior exploration and development company. The Company is engaged in the acquisition, exploration and development of Canadian gold and base metal mineral resource properties. It is focused primarily on its wholly owned 57.43 square kilometers (km2) (14,191 acres) flagship brownfield, Ishkoday Gold and Polymetallic Project, located... see more

TSXV:LME - Post Discussion

Laurion Mineral Exploration Inc. > LME trading volume past few months

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Post by mithril56 on Sep 26, 2023 12:28pm

LME trading volume past few months

Just taking look a look at trading volume since the stock price lows of March 2023.

I'm looking at ALL of the exchanges not just TSX.V so we get the true volume. [url=https://money.tmx.com/en/quote/LME:CC]https://money.tmx.com/en/quote/LME:CC[/url]

March 2023: 3.77 million
April 2023: 2.27 million
May 2023: 4.94 million
June 2023: 4.02 million
July 2023: 2.22 million
August 2023: 3.3 million
Sept 2023 (so far): 5.15 million
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TOTAL since March 1, 2023 of 25.67 million shares traded

We know that 80% of LME is owned by Insiders, Friends & Family. So that means there's only about 50 million shares that trade between retail and institutional.

So, we've had about 51% of the available share float trade since the lows of March 2023.

Just an observation....since there's no pending news that we're aware of, thought it would be fun to look at what we know to be true.

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