Luca Mining (CVE:LUCA) Stock Price Down 2% – Here’s Why

Luca Mining Corp. (CVE:LUCA) shares traded down 2% during trading on Friday . The company traded as low as C$0.96 and last traded at C$0.96. Approximately 730,578 shares were traded during mid-day trading, an increase of 11% from the average session volume of 659,331 shares. The stock had previously closed at C$0.98.

Luca Mining Stock Down 2.0%

The stock has a fifty day moving average price of C$0.98. The company has a market capitalization of C$264.22 million, a PE ratio of -16.00 and a beta of 1.33.

Luca Mining (CVE:LUCA) last announced 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 company earned $0.02 earnings per share.

Insider Buying and Selling at Luca Mining

In other news, insider Luca Mining Corp. bought 140,500 shares of the business’s stock in a transaction dated Wednesday, June 10th. The stock was purchased at an average cost of C$1.04 per share, with a total value of C$146,120.00. Following the acquisition, the insider directly owned 203,000 shares in the company, valued at C$211,120. This trade represents a 224.80% increase in their ownership of the stock.