Lincoln Gold Mining Inc. (CVE:LMG – Get Free Report)’s share price dropped 22.4% during trading on Wednesday . The stock traded as low as C$0.23 and last traded at C$0.23. Approximately 93,400 shares changed hands during mid-day trading, an increase of 276% from the average daily volume of 24,851 shares. The stock had previously closed at C$0.29.
Lincoln Gold Mining Trading Up 18.2 %
The firm has a fifty day simple moving average of C$0.25 and a 200 day simple moving average of C$0.22. The stock has a market cap of C$4.47 million, a price-to-earnings ratio of -0.39 and a beta of 1.91.
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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