Lincoln Gold Mining Inc. (CVE:LMG – Get Free Report) shot up 8.9% on Tuesday . The company traded as high as C$0.49 and last traded at C$0.49. 3,000 shares traded hands during trading, a decline of 92% from the average daily volume of 38,155 shares. The stock had previously closed at C$0.45.
Lincoln Gold Mining Price Performance
The firm has a market cap of C$13.63 million, a price-to-earnings ratio of -9.80 and a beta of 1.27. The firm’s fifty day moving average is C$0.43 and its 200-day moving average is C$0.43.
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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