Luca Mining Corp. Purchases 140,500 Shares of Luca Mining (CVE:LUCA) Stock

Luca Mining Corp. (CVE:LUCA) insider Luca Mining Corp. purchased 140,500 shares of the stock in a transaction dated Wednesday, June 10th. The shares were purchased at an average price of C$1.04 per share, for a total transaction of C$146,120.00. Following the completion of the transaction, the insider owned 203,000 shares in the company, valued at C$211,120. This trade represents a 224.80% increase in their position.

Luca Mining Corp. also recently made the following trade(s):

• On Tuesday, June 9th, Luca Mining Corp. purchased 62,500 shares of Luca Mining stock. The shares were purchased at an average price of C$1.05 per share, for a total transaction of C$65,625.00.

Luca Mining Trading Up 4.5%

Shares of LUCA stock opened at C$1.15 on Friday. Luca Mining Corp. has a 1 year low of C$1.01 and a 1 year high of C$2.16. The firm has a market cap of C$316.51 million, a PE ratio of -19.17 and a beta of 1.34. The firm’s fifty day moving average price is C$1.31.

Luca Mining (CVE:LUCA) last issued its quarterly earnings results on Tuesday, May 26th. The company reported C$0.04 earnings per share (EPS) for the quarter. During the same period last year, the firm earned $0.02 EPS.

Analysts Set New Price Targets

Several brokerages have recently issued reports on LUCA. Raymond James Financial set a C$3.50 price target on Luca Mining and gave the company an “outperform” rating in a research report on Thursday, April 9th. National Bank Financial set a C$3.25 price target on Luca Mining and gave the company an “outperform” rating in a research report on Wednesday, April 8th. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of C$3.38.