Lincoln Gold Mining (CVE:LMG) Shares Down 22.4%

Lincoln Gold Mining Inc. (CVE:LMGGet Free Report) dropped 22.4% on Wednesday . The stock traded as low as C$0.23 and last traded at C$0.23. 93,400 shares traded hands during trading, an increase of 276% from the average daily volume of 24,851 shares. The stock had previously closed at C$0.29.

Lincoln Gold Mining Trading Down 20.7 %

The firm has a fifty day moving average price of C$0.25 and a 200 day moving average price of C$0.22. The firm has a market capitalization of C$3.96 million, a price-to-earnings ratio of -0.43 and a beta of 1.91.

Lincoln Gold Mining Company Profile

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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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