Luca Mining (CVE:LUCA) Insider Luca Mining Corp. Buys 62,500 Shares

Luca Mining Corp. (CVE:LUCA) insider Luca Mining Corp. purchased 62,500 shares of the company’s stock in a transaction dated Tuesday, June 9th. The stock was purchased at an average price of C$1.05 per share, for a total transaction of C$65,625.00. Following the completion of the purchase, the insider owned 62,500 shares in the company, valued at approximately C$65,625. The trade was a ? increase in their ownership of the stock.

Luca Mining Corp. also recently made the following trade(s):

• On Wednesday, June 10th, Luca Mining Corp. purchased 140,500 shares of Luca Mining stock. The stock was purchased at an average price of C$1.04 per share, for a total transaction of C$146,120.00.

Luca Mining Stock Performance

Shares of LUCA stock traded up C$0.03 on Thursday, reaching C$1.11. The stock had a trading volume of 161,382 shares, compared to its average volume of 588,547. The firm has a market cap of C$305.50 million, a PE ratio of -18.50 and a beta of 1.34. Luca Mining Corp. has a 1 year low of C$1.01 and a 1 year high of C$2.16. The stock’s 50 day simple moving average is C$1.32.

Luca Mining (CVE:LUCA) last released its earnings results on Tuesday, May 26th. The company reported C$0.04 earnings per share for the quarter. During the same period in the previous year, the company earned $0.02 EPS.

Analysts Set New Price Targets

Several research firms have recently issued reports on LUCA. Raymond James Financial set a C$3.50 price objective on shares of Luca Mining and gave the company an “outperform” rating in a research report on Thursday, April 9th. National Bank Financial set a C$3.25 price target on Luca Mining and gave the stock an “outperform” rating in a research report on Wednesday, April 8th. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Luca Mining presently has an average rating of “Buy” and a consensus target price of C$3.38.