Lumina Gold (CVE:LUM) Shares Up 0.8% - Here's What Happened

Lumina Gold Corp. (CVE:LUM - Get Free Report) shares were up 0.8% on Tuesday . The stock traded as high as C$1.20 and last traded at C$1.20. Approximately 497,269 shares changed hands during trading, a decline of 11% from the average daily volume of 561,490 shares. The stock had previously closed at C$1.19.

Wall Street Analysts Forecast Growth

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

Lumina Gold Stock Performance

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 business's fifty day simple moving average is C$0.85 and its 200-day simple moving average is C$0.63. The company has a market capitalization of C$352.42 million, a P/E ratio of -8.29 and a beta of 1.47.

About Lumina Gold

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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