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Lumina Gold (CVE:LUM) Reaches New 52-Week High - Still a Buy?

Lumina Gold logo with Basic Materials background

Lumina Gold Corp. (CVE:LUM - Get Free Report)'s stock price reached a new 52-week high during trading on Tuesday . The stock traded as high as C$1.24 and last traded at C$1.24, with a volume of 165257 shares changing hands. The stock had previously closed at C$1.24.

Wall Street Analyst Weigh In

Separately, Royal Bank of Canada set a C$1.50 price target on shares of Lumina Gold and gave the company an "outperform" rating in a report on Tuesday, April 1st.

View Our Latest Stock Analysis on Lumina Gold

Lumina Gold Stock Performance

The firm's fifty day simple moving average is C$1.01 and its 200 day simple moving average is C$0.70. 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 company has a market capitalization of C$367.11 million, a PE ratio of -8.63 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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