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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) shares hit a new 52-week high on Monday . The company traded as high as C$1.26 and last traded at C$1.26, with a volume of 589982 shares changing hands. The stock had previously closed at C$1.25.

Analysts Set New Price Targets

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

Get Our Latest Stock Report on LUM

Lumina Gold Stock Performance

The company has a quick ratio of 0.17, a current ratio of 0.20 and a debt-to-equity ratio of -0.05. The stock has a market capitalization of C$370.04 million, a PE ratio of -8.70 and a beta of 1.47. The firm has a 50 day moving average price of C$1.17 and a 200-day moving average price of C$0.76.

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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