Lumina Gold (CVE:LUM) Given a C$1.06 Price Target by Fundamental Research Analysts

Fundamental Research set a C$1.06 price target on Lumina Gold (CVE:LUM) in a report published on Tuesday, BayStreet.CA reports. The firm currently has a buy rating on the stock.

Shares of CVE LUM opened at C$0.52 on Tuesday. The business’s 50-day simple moving average is C$0.55 and its 200-day simple moving average is C$0.59. The company has a debt-to-equity ratio of 1.25, a quick ratio of 4.11 and a current ratio of 4.23. Lumina Gold has a 52 week low of C$0.47 and a 52 week high of C$0.73. The firm has a market cap of $167.15 million and a price-to-earnings ratio of -9.45.

Lumina Gold Company Profile

Lumina Gold Corp., an exploration stage company, engages in the acquisition, exploration, evaluation, and development of mineral properties in Ecuador. The company primarily explores for gold and copper deposits. Its principal projects include the Cangrejos project consisting of six mineral titles covering an area of 6,374 hectares located in El Oro Province, southwest Ecuador; and the Condor project, which consists of seven concessions covering approximately 8,269 hectares area located in the Zamora-Chinchipe Province in southeast Ecuador.

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