Lumina Gold Corp. (CVE:LUM - Get Free Report)'s share price rose 28.9% on Tuesday . The company traded as high as C$1.19 and last traded at C$1.16. Approximately 11,227,432 shares traded hands during mid-day trading, an increase of 2,540% from the average daily volume of 425,334 shares. The stock had previously closed at C$0.90.
Wall Street Analyst Weigh In
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 Analysis on LUM
Lumina Gold Stock Performance
The firm has a market capitalization of C$355.36 million, a price-to-earnings ratio of -8.35 and a beta of 1.47. 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 company has a 50 day moving average price of C$0.71 and a two-hundred day moving average price of C$0.58.
Lumina Gold Company Profile
(
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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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