Lumina Gold Corp. (CVE:LUM - Get Free Report)'s stock price rose 28.9% during trading on Tuesday . The stock traded as high as C$1.19 and last traded at C$1.16. Approximately 11,227,432 shares traded hands 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 target price on Lumina Gold and gave the stock an "outperform" rating in a research report on Tuesday, April 1st.
View Our Latest Report on Lumina Gold
Lumina Gold Price Performance
The stock's fifty day simple moving average is C$0.70 and its two-hundred day simple moving average is C$0.58. The company has a market capitalization of C$355.36 million, a price-to-earnings ratio of -8.35 and a beta of 1.47. The company has a debt-to-equity ratio of -0.05, a quick ratio of 0.17 and a current ratio of 0.20.
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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