Lincoln Gold Mining Inc. (CVE:LMG – Get Free Report)’s share price shot up 11.6% during mid-day trading on Wednesday . The company traded as high as C$0.24 and last traded at C$0.24. 25,403 shares traded hands during trading, an increase of 2% from the average session volume of 24,787 shares. The stock had previously closed at C$0.22.
Lincoln Gold Mining Stock Performance
The firm has a market cap of C$4.13 million, a price-to-earnings ratio of 0.37 and a beta of 1.96. The stock’s 50 day simple moving average is C$0.27 and its 200-day simple moving average is C$0.25.
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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