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 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.
Analysts Set New Price Targets
Separately, Royal Bank of Canada set a C$1.50 price target on Lumina Gold and gave the stock an "outperform" rating in a research note on Tuesday, April 1st.
View Our Latest Stock Report on Lumina Gold
Lumina Gold Stock 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 debt-to-equity ratio of -0.05, a quick ratio of 0.17 and a current ratio of 0.20. The business's fifty day simple moving average is C$0.70 and its 200-day simple moving average is C$0.58.
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.
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