Luca Mining (CVE:LUCA) Insider Daniel Barnholden Acquires 20,000 Shares of Company Stock

Luca Mining Corp. (CVE:LUCA) insider Daniel Barnholden bought 20,000 shares of the business’s stock in a transaction that occurred on Thursday, October 1st. The stock was purchased at an average price of C$1.09 per share, with a total value of C$21,800.00. Following the completion of the purchase, the insider directly owned 3,356,500 shares in the company, valued at C$3,658,585. The trade was a 0.60% increase in their position.

Luca Mining Trading Down 1.4%

Luca Mining stock traded down C$0.01 during midday trading on Thursday, reaching C$1.08. 1,073,549 shares of the company’s stock were exchanged, compared to its average volume of 758,442. The firm has a 50-day moving average price of C$1.03. The company has a market cap of C$298.62 million, a price-to-earnings ratio of -108.50 and a beta of 1.21. Luca Mining Corp. has a 52 week low of C$0.80 and a 52 week high of C$2.16.

Wall Street Analysts Forecast Growth

Separately, National Bank Financial reduced their target price on Luca Mining from C$2.50 to C$2.40 and set an “outperform” rating for the company in a research note on Tuesday, August 18th. Two equities research analysts have rated the stock with a Buy rating, According to MarketBeat, Luca Mining currently has a consensus rating of “Buy” and an average price target of C$2.95.