Lumina Gold (CVE:LUM) Stock Price Up 2.1% – Time to Buy?

Lumina Gold Corp. (CVE:LUMGet Free Report)’s share price rose 2.1% during trading on Wednesday . The stock traded as high as C$0.49 and last traded at C$0.49. Approximately 77,556 shares were traded during mid-day trading, a decline of 41% from the average daily volume of 130,608 shares. The stock had previously closed at C$0.48.

Lumina Gold Stock Up 2.1 %

The company has a debt-to-equity ratio of 1.96, a quick ratio of 0.17 and a current ratio of 0.25. The firm has a market cap of C$203.85 million, a price-to-earnings ratio of -7.00 and a beta of 1.47. The business’s 50 day moving average price is C$0.49 and its 200 day moving average price is C$0.51.

Insider Activity at Lumina Gold

In related news, Senior Officer Martin Raymond Danziger Rip sold 100,000 shares of Lumina Gold stock in a transaction on Thursday, October 17th. The shares were sold at an average price of C$0.58, for a total value of C$58,000.00. 34.12% of the stock is owned by company insiders.

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.

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