Lincoln Gold Mining Inc. (CVE:LMG – Get Free Report)’s stock price fell 22.9% during mid-day trading on Monday . The company traded as low as C$0.27 and last traded at C$0.27. 116,764 shares traded hands during mid-day trading, an increase of 164% from the average session volume of 44,261 shares. The stock had previously closed at C$0.35.
Lincoln Gold Mining Trading Down 11.5%
The company has a market capitalization of C$5.49 million, a price-to-earnings ratio of -2.30 and a beta of 1.42. The company’s 50 day simple moving average is C$0.24 and its 200-day simple moving average is C$0.22.
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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