Lumina Gold Corp. (CVE:LUM - Get Free Report) shot up 28.9% during trading on Tuesday . The company traded as high as C$1.19 and last traded at C$1.16. 11,227,432 shares changed hands during mid-day trading, an increase of 2,540% from the average session volume of 425,334 shares. The stock had previously closed at C$0.90.
Wall Street Analysts Forecast Growth
Separately, Royal Bank of Canada set a C$1.50 target price on shares of Lumina Gold and gave the stock an "outperform" rating in a report on Tuesday, April 1st.
Check Out Our Latest Report on LUM
Lumina Gold Stock Performance
The business's fifty day moving average is C$0.71 and its 200-day moving average is C$0.58. 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 company has a market cap of C$355.36 million, a PE ratio of -8.35 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.
Read More
Before you consider Lumina Gold, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Lumina Gold wasn't on the list.
While Lumina Gold currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
