Lumina Gold (CVE:LUM) Stock Price Up 28.9% - What's Next?

Lumina Gold Corp. (CVE:LUM - Get Free Report)'s stock price rose 28.9% on Monday . The stock traded as high as C$1.19 and last traded at C$1.16. Approximately 11,227,432 shares changed hands during trading, an increase of 2,540% from the average daily volume of 425,334 shares. The stock had previously closed at C$0.90.

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 note on Tuesday, April 1st.

Lumina Gold Price Performance

The company has a market cap of C$355.36 million, a P/E ratio of -8.35 and a beta of 1.47. The company's 50-day moving average is C$0.71 and its two-hundred day moving average is C$0.58. 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

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.