Lumina Gold (CVE:LUM) Given a C$1.50 Price Target by Royal Bank of Canada Analysts

Lumina Gold (CVE:LUM) received a C$1.50 target price from stock analysts at Royal Bank of Canada in a research report issued to clients and investors on Tuesday,BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. Royal Bank of Canada’s price objective points to a potential upside of 150.00% from the stock’s current price.

Lumina Gold Stock Performance

LUM stock traded up C$0.01 during midday trading on Tuesday, hitting C$0.60. The stock had a trading volume of 239,735 shares, compared to its average volume of 200,281. Lumina Gold has a 52 week low of C$0.43 and a 52 week high of C$0.70. The company has a current ratio of 0.20, a quick ratio of 0.17 and a debt-to-equity ratio of -0.05. The stock has a 50-day simple moving average of C$0.58 and a 200 day simple moving average of C$0.54. The firm has a market capitalization of C$176.21 million, a price-to-earnings ratio of -4.14 and a beta of 1.47.

About Lumina Gold

Lumina Gold Corp., a precious and base metals exploration and development company, engages in the acquisition, exploration, evaluation, and development of mineral resources in Ecuador. The company primarily explores for gold and copper deposits. It focuses on the Cangrejos Gold-Copper Project located in El Oro Province, southwest Ecuador.