Shares of Lincoln Gold Mining Inc. (CVE:LMG – Get Free Report) shot up 23.1% during trading on Tuesday . The company traded as high as C$0.17 and last traded at C$0.16. 116,380 shares were traded during trading, an increase of 503% from the average session volume of 19,309 shares. The stock had previously closed at C$0.13.
Lincoln Gold Mining Stock Up 23.1 %
The firm has a 50-day moving average price of C$0.14 and a two-hundred day moving average price of C$0.20. The company has a market capitalization of C$2.75 million, a P/E ratio of 0.25 and a beta of 1.96.
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.
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