Lumina Gold Corp. (CVE:LUM - Get Free Report)'s share price shot 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 were traded 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.
Wall Street Analysts Forecast Growth
Separately, Royal Bank of Canada set a C$1.50 price objective on Lumina Gold and gave the company an "outperform" rating in a research note on Tuesday, April 1st.
Get Our Latest Stock Analysis on LUM
Lumina Gold Stock Performance
The company 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 current ratio of 0.20 and a quick ratio of 0.17. The firm's 50 day moving average is C$0.70 and its 200 day 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.
Further Reading
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