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Lumina Gold (CVE:LUM) Reaches New 1-Year High - Time to Buy?

Lumina Gold logo with Basic Materials background

Lumina Gold Corp. (CVE:LUM - Get Free Report) reached a new 52-week high during mid-day trading on Monday . The company traded as high as C$1.25 and last traded at C$1.25, with a volume of 918025 shares traded. The stock had previously closed at C$1.25.

Analyst Ratings Changes

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

Check Out Our Latest Stock Analysis on Lumina Gold

Lumina Gold Stock Up 1.6%

The business has a fifty day moving average of C$1.04 and a 200 day moving average of C$0.71. The stock has a market cap of C$367.11 million, a price-to-earnings ratio of -8.63 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.

Lumina Gold Company Profile

(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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