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Lumina Gold (CVE:LUM) Hits New 52-Week High - Here's What Happened

Lumina Gold logo with Basic Materials background

Shares of Lumina Gold Corp. (CVE:LUM - Get Free Report) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as C$1.21 and last traded at C$1.21, with a volume of 807013 shares. The stock had previously closed at C$1.21.

Wall Street Analyst Weigh In

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 report on Tuesday, April 1st.

Check Out Our Latest Analysis on Lumina Gold

Lumina Gold Stock Performance

The business's 50-day moving average is C$0.76 and its 200 day moving average is C$0.61. 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 company has a market cap of C$355.36 million, a PE ratio of -8.35 and a beta of 1.47.

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.

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