Lincoln Gold Mining (CVE:LMG) Shares Down 25.7% – What’s Next?

Lincoln Gold Mining Inc. (CVE:LMG) shares dropped 25.7% during trading on Tuesday . The stock traded as low as C$0.26 and last traded at C$0.26. Approximately 125,464 shares were traded during mid-day trading, an increase of 183% from the average daily volume of 44,319 shares. The stock had previously closed at C$0.35.

Lincoln Gold Mining Stock Down 11.5%

The firm has a market capitalization of C$5.49 million, a PE ratio of -2.30 and a beta of 1.42. The stock has a 50-day moving average price of C$0.24 and a 200 day moving average price of C$0.22.

Lincoln Gold Mining Company Profile

Lincoln Gold Mining Inc engages in the exploration and development of precious metals in the United States and Canada. It explores for gold, copper, nickel, and cobalt deposits. The company holds interests in the Pine Grove gold property with mining leases on the Wilson and Wheeler mines, and 243 unpatented claims located in the Pine Grove Hills, Lyon County, Nevada; and the Oro Cruz gold property that consists of 151 lode claims covering an area of approximately 3,000 acres located in Imperial County, California.