Luca Mining (CVE:LUCA) Stock Price Down 2% – Time to Sell?

Luca Mining Corp. (CVE:LUCA)’s share price was down 2% on Friday . The stock traded as low as C$0.96 and last traded at C$0.96. 730,578 shares traded hands during mid-day trading, an increase of 11% from the average daily volume of 659,331 shares. The stock had previously closed at C$0.98.

Luca Mining Stock Performance

The stock has a market cap of C$264.22 million, a price-to-earnings ratio of -16.00 and a beta of 1.33. The company has a fifty day moving average of C$0.98.

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

Insider Buying and Selling

In other Luca Mining news, insider Luca Mining Corp. purchased 140,500 shares of the firm’s stock in a transaction dated Wednesday, June 10th. The shares were acquired at an average price of C$1.04 per share, with a total value of C$146,120.00. Following the purchase, the insider directly owned 203,000 shares in the company, valued at approximately C$211,120. This trade represents a 224.80% increase in their position.