Lumina Gold Corp. (CVE:LUM - Get Free Report) shares rose 28.9% during trading on Monday . The company traded as high as C$1.19 and last traded at C$1.16. Approximately 11,227,432 shares were traded during trading, an increase of 2,540% from the average daily volume of 425,334 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 Lumina Gold and gave the stock an "outperform" rating in a report on Tuesday, April 1st.
View Our Latest Stock Analysis on LUM
Lumina Gold Price Performance
The firm has a market cap of C$355.36 million, a P/E ratio of -8.35 and a beta of 1.47. The company has a current ratio of 0.20, a quick ratio of 0.17 and a debt-to-equity ratio of -0.05. The business has a 50-day moving average price of C$0.70 and a 200-day moving average price of C$0.58.
Lumina Gold Company Profile
(
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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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