Luca Mining (CVE:LUCA) Insider Acquires C$146,120.00 in Stock

Luca Mining Corp. (CVE:LUCA) insider Luca Mining Corp. purchased 140,500 shares of the firm’s stock in a transaction that occurred on Wednesday, June 10th. The shares were acquired at an average cost of C$1.04 per share, with a total value of C$146,120.00. Following the completion of the purchase, the insider directly owned 203,000 shares in the company, valued at C$211,120. The trade was a 224.80% increase in their position.

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

• On Tuesday, June 9th, Luca Mining Corp. bought 62,500 shares of Luca Mining stock. The shares were purchased at an average cost of C$1.05 per share, with a total value of C$65,625.00.

Luca Mining Trading Up 2.8%

CVE LUCA traded up C$0.03 on Thursday, reaching C$1.11. 161,382 shares of the stock traded hands, compared to its average volume of 588,547. The stock’s fifty day simple moving average is C$1.32. The company has a market cap of C$305.50 million, a P/E ratio of -18.50 and a beta of 1.34. Luca Mining Corp. has a 12 month low of C$1.01 and a 12 month high of C$2.16.

Luca Mining (CVE:LUCA) last issued its quarterly earnings data on Tuesday, May 26th. The company reported C$0.04 EPS for the quarter. During the same quarter in the prior year, the company posted $0.02 earnings per share.

Analyst Ratings Changes

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