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Lumina Gold (CVE:LUM) Trading Up 28.9% - Still a Buy?

Lumina Gold logo with Basic Materials background

Shares of Lumina Gold Corp. (CVE:LUM - Get Free Report) were up 28.9% during mid-day trading on Tuesday . The stock traded as high as C$1.19 and last traded at C$1.16. 11,227,432 shares changed 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.

Analyst Ratings Changes

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 Report on Lumina Gold

Lumina Gold Price Performance

The company has a fifty day moving average of C$0.71 and a 200-day moving average of C$0.58. 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 debt-to-equity ratio of -0.05, a current ratio of 0.20 and a quick ratio of 0.17.

About Lumina Gold

(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.

Further Reading

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