Lincoln Gold Mining (CVE:LMG) Shares Up 4.7% – Still a Buy?

Lincoln Gold Mining Inc. (CVE:LMGGet Free Report)’s stock price shot up 4.7% during mid-day trading on Wednesday . The company traded as high as C$0.34 and last traded at C$0.34. 1,340 shares traded hands during mid-day trading, a decline of 94% from the average session volume of 24,070 shares. The stock had previously closed at C$0.32.

Lincoln Gold Mining Stock Down 14.9 %

The business’s 50 day moving average is C$0.27 and its 200-day moving average is C$0.25. The firm has a market capitalization of C$4.90 million, a P/E ratio of 0.44 and a beta of 1.96.

Lincoln Gold Mining Company Profile

(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.

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