Shares of Lumina Gold Corp. (CVE:LUM - Get Free Report) traded up 28.9% on Monday . The stock traded as high as C$1.19 and last traded at C$1.16. 11,227,432 shares traded hands during mid-day trading, an increase of 2,540% from the average session volume of 425,334 shares. The stock had previously closed at C$0.90.
Analysts Set New Price Targets
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 report on Tuesday, April 1st.
Get Our Latest Analysis on LUM
Lumina Gold Price Performance
The firm has a market capitalization of C$355.36 million, a PE 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 firm has a 50-day moving average of C$0.70 and a two-hundred day moving average of C$0.58.
Lumina Gold Company Profile
(
Get Free Report)
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.
Featured Articles
Before you consider Lumina Gold, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Lumina Gold wasn't on the list.
While Lumina Gold currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
