Insider Buying: Luca Mining (CVE:LUCA) Insider Purchases C$65,625.00 in Stock

Luca Mining Corp. (CVE:LUCA) insider Luca Mining Corp. purchased 62,500 shares of the stock in a transaction on Tuesday, June 9th. The shares were purchased at an average price of C$1.05 per share, with a total value of C$65,625.00. Following the acquisition, the insider owned 62,500 shares in the company, valued at approximately C$65,625. The trade was a ? increase in their position.

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

• On Wednesday, June 10th, Luca Mining Corp. acquired 140,500 shares of Luca Mining stock. The stock was bought at an average price of C$1.04 per share, with a total value of C$146,120.00.

Luca Mining Stock Up 4.5%

CVE:LUCA opened at C$1.15 on Friday. The company has a fifty day moving average of C$1.31. The company has a market cap of C$316.51 million, a price-to-earnings ratio of -19.17 and a beta of 1.34. Luca Mining Corp. has a twelve month low of C$1.01 and a twelve month high of C$2.16.

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

Wall Street Analysts Forecast Growth

LUCA has been the subject of several research analyst reports. National Bank Financial set a C$3.25 price objective on shares of Luca Mining and gave the company an “outperform” rating in a research note on Wednesday, April 8th. Raymond James Financial set a C$3.50 price objective on shares of Luca Mining and gave the company an “outperform” rating in a research note on Thursday, April 9th. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of C$3.38.