Lincoln Gold Mining (CVE:LMG) Stock Jumps 2.5% – Should You Buy?

Lincoln Gold Mining Inc. (CVE:LMG – Get Free Report)’s share price rose 2.5% during mid-day trading on Friday. The company traded as high as C$0.41 and last traded at C$0.41. 19,000 shares changed hands during mid-day trading, a decline of 39% from the average session volume of 31,232 shares. The stock had previously closed at C$0.40.

Lincoln Gold Mining Price Performance

The stock has a market capitalization of C$11.80 million, a P/E ratio of -4.10 and a beta of 1.29. The stock has a fifty day moving average price of C$0.42 and a 200 day moving average price of C$0.44.

About Lincoln Gold Mining

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Lincoln Gold Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lincoln Gold Mining and related companies with MarketBeat.com's FREE daily email newsletter.