Lincoln Gold Mining (CVE:LMG) Stock Price Down 3% – Here’s What Happened

Lincoln Gold Mining Inc. (CVE:LMGGet Free Report) traded down 3% on Tuesday . The company traded as low as C$0.16 and last traded at C$0.16. 24,000 shares changed hands during mid-day trading, an increase of 6% from the average session volume of 22,680 shares. The stock had previously closed at C$0.17.

Lincoln Gold Mining Trading Down 6.3 %

The firm has a market capitalization of C$2.58 million, a P/E ratio of 0.23 and a beta of 1.96. The company has a 50-day moving average of C$0.16 and a 200-day moving average of C$0.18.

About Lincoln Gold Mining

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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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