Lumina Gold Corp. (CVE:LUM - Get Free Report)'s share price shot up 28.9% during trading on Monday . The company traded as high as C$1.19 and last traded at C$1.16. 4,784,042 shares were traded during mid-day trading, an increase of 1,413% from the average session volume of 316,155 shares. The stock had previously closed at C$0.90.
Wall Street Analysts Forecast Growth
Separately, Royal Bank of Canada set a C$1.50 price target on shares of Lumina Gold and gave the company an "outperform" rating in a report on Tuesday, April 1st.
Check Out Our Latest Research Report on Lumina Gold
Lumina Gold Stock Performance
The business's 50 day simple moving average is C$0.70 and its 200-day simple moving average is C$0.58. The stock 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.
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.
Further Reading
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