Luca Mining (CVE:LUCA) Insider Purchases C$146,120.00 in Stock

Luca Mining Corp. (CVE:LUCA) insider Luca Mining Corp. bought 140,500 shares of the company’s stock in a transaction dated Wednesday, June 10th. The stock was bought at an average cost of C$1.04 per share, with a total value of C$146,120.00. Following the transaction, the insider directly owned 203,000 shares in the company, valued at approximately C$211,120. The trade was a 224.80% increase in their position.

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

• On Tuesday, June 9th, Luca Mining Corp. bought 62,500 shares of Luca Mining stock. The stock was bought at an average cost of C$1.05 per share, with a total value of C$65,625.00.

Luca Mining Price Performance

LUCA opened at C$1.15 on Friday. The business has a 50-day moving average of C$1.31. The company has a market cap of C$316.51 million, a P/E ratio of -19.17 and a beta of 1.34. Luca Mining Corp. has a 1-year low of C$1.01 and a 1-year high of C$2.16.

Luca Mining (CVE:LUCA) last released its earnings results 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 company posted $0.02 earnings per share.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on LUCA shares. Raymond James Financial set a C$3.50 target price on shares of Luca Mining and gave the stock an “outperform” rating in a research report on Thursday, April 9th. National Bank Financial set a C$3.25 price target on shares of Luca Mining and gave the company an “outperform” rating in a report on Wednesday, April 8th. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of C$3.38.