Lincoln Gold Mining Inc. (CVE:LMG – Get Free Report) was down 12% during trading on Wednesday . The stock traded as low as C$0.22 and last traded at C$0.22. Approximately 4,473 shares changed hands during mid-day trading, a decline of 81% from the average daily volume of 23,273 shares. The stock had previously closed at C$0.25.
Lincoln Gold Mining Price Performance
The stock has a market capitalization of C$3.44 million, a P/E ratio of 0.29 and a beta of 1.96. The company’s 50-day simple moving average is C$0.26 and its 200-day simple moving average is C$0.25.
Lincoln Gold Mining Company Profile
Lincoln Gold Mining Inc engages in the exploration and development of precious metals in the United States and Canada. It explores for gold, copper, nickel, and cobalt deposits. The company holds interests in the Pine Grove gold property with mining leases on the Wilson and Wheeler mines, and 243 unpatented claims located in the Pine Grove Hills, Lyon County, Nevada; and the Oro Cruz gold property that consists of 151 lode claims covering an area of approximately 3,000 acres located in Imperial County, California.
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