Lincoln Gold Mining (CVE:LMG) Stock Price Up 4.8% – Here’s What Happened

Lincoln Gold Mining Inc. (CVE:LMG)’s stock price rose 4.8% on Friday . The stock traded as high as C$0.44 and last traded at C$0.44. Approximately 9,500 shares traded hands during mid-day trading, a decline of 81% from the average daily volume of 50,971 shares. The stock had previously closed at C$0.42.

Lincoln Gold Mining Price Performance

The firm’s 50-day moving average is C$0.55 and its 200-day moving average is C$0.37. The company has a market capitalization of C$10.80 million, a P/E ratio of -5.50 and a beta of 0.80.

Lincoln Gold Mining Company Profile

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.