Shares of Lincoln Gold Mining Inc. (CVE:LMG – Get Free Report) dropped 25.7% on Tuesday . The company traded as low as C$0.26 and last traded at C$0.26. Approximately 125,464 shares changed hands during trading, an increase of 183% from the average daily volume of 44,319 shares. The stock had previously closed at C$0.35.
Lincoln Gold Mining Price Performance
The stock has a market cap of C$5.49 million, a price-to-earnings ratio of -2.30 and a beta of 1.42. The company’s fifty day moving average price is C$0.24 and its 200-day moving average price is C$0.22.
Lincoln Gold Mining Company Profile
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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