Lumina Gold Corp. (CVE:LUM - Get Free Report)'s stock price shot up 28.9% on Monday . The company traded as high as C$1.19 and last traded at C$1.16. 11,227,432 shares were traded during trading, an increase of 2,540% from the average session volume of 425,334 shares. The stock had previously closed at C$0.90.
Wall Street Analyst Weigh In
Separately, Royal Bank of Canada set a C$1.50 target price on shares of Lumina Gold and gave the stock an "outperform" rating in a research note on Tuesday, April 1st.
Read Our Latest Stock Report on LUM
Lumina Gold Price Performance
The company has a market capitalization of C$355.36 million, a P/E ratio of -8.35 and a beta of 1.47. The company has a debt-to-equity ratio of -0.05, a current ratio of 0.20 and a quick ratio of 0.17. The company has a 50 day moving average of C$0.70 and a 200-day moving average of C$0.58.
About Lumina Gold
(
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Lumina Gold Corp., a precious and base metals exploration and development company, engages in the acquisition, exploration, evaluation, and development of mineral resources in Ecuador. The company primarily explores for gold and copper deposits. It focuses on the Cangrejos Gold-Copper Project located in El Oro Province, southwest Ecuador.
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