Lumina Gold (CVE:LUM) Given a C$0.75 Price Target at BMO Capital Markets

Lumina Gold (CVE:LUM - Get Free Report) has been assigned a C$0.75 price target by equities researchers at BMO Capital Markets in a research note issued to investors on Friday, BayStreet.CA reports. The firm presently has an "outperform" rating on the stock. BMO Capital Markets' price target points to a potential upside of 29.31% from the stock's previous close.

Separately, Raymond James lifted their price objective on shares of Lumina Gold from C$1.00 to C$1.25 in a research report on Tuesday, April 23rd.

Lumina Gold Stock Up 3.6 %

Shares of CVE:LUM traded up C$0.02 during midday trading on Friday, reaching C$0.58. 48,270 shares of the company were exchanged, compared to its average volume of 104,018. Lumina Gold has a fifty-two week low of C$0.32 and a fifty-two week high of C$0.63. The company has a quick ratio of 0.17, a current ratio of 0.31 and a debt-to-equity ratio of 1.96. The stock has a fifty day simple moving average of C$0.57 and a two-hundred day simple moving average of C$0.46. The firm has a market cap of C$241.25 million, a PE ratio of -14.50 and a beta of 1.52.

Lumina Gold Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.