Lincoln Gold Mining Inc. (CVE:LMG – Get Free Report)’s stock price dropped 8.2% during mid-day trading on Wednesday . The company traded as low as C$0.18 and last traded at C$0.23. Approximately 14,000 shares traded hands during mid-day trading, a decline of 43% from the average daily volume of 24,601 shares. The stock had previously closed at C$0.25.
Lincoln Gold Mining Stock Performance
The firm has a fifty day simple moving average of C$0.23 and a 200 day simple moving average of C$0.19. The company has a market cap of C$3.21 million, a PE ratio of -0.33 and a beta of 1.92.
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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