Lumina Gold (CVE:LUM) Stock Price Up 0.8% – What’s Next?

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

Analysts Set New Price Targets

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 report on Tuesday, April 1st.

Lumina Gold Trading Up 0.8%

The stock’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 debt-to-equity ratio of -0.05, a current ratio of 0.20 and a quick ratio of 0.17. The firm has a market cap of C$352.42 million, a PE 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.