Lincoln Gold Mining Inc. (CVE:LMG – Get Free Report) shot up 2.5% during trading on Friday. The company traded as high as C$0.41 and last traded at C$0.41. 19,000 shares traded hands during mid-day trading, a decline of 39% from the average session volume of 31,232 shares. The stock had previously closed at C$0.40.
Lincoln Gold Mining Trading Up 2.5%
The business’s 50 day moving average price is C$0.42 and its 200-day moving average price is C$0.44. The company has a market cap of C$11.80 million, a price-to-earnings ratio of -4.10 and a beta of 1.29.
About Lincoln Gold Mining
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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