Lincoln Gold Mining (CVE:LMG) Stock Price Up 20% – Here’s What Happened

Lincoln Gold Mining Inc. (CVE:LMGGet Free Report) rose 20% during trading on Wednesday . The company traded as high as C$0.15 and last traded at C$0.15. Approximately 49,800 shares traded hands during trading, an increase of 112% from the average daily volume of 23,455 shares. The stock had previously closed at C$0.13.

Lincoln Gold Mining Price Performance

The company has a market capitalization of C$2.58 million, a P/E ratio of 0.23 and a beta of 1.96. The business has a 50-day moving average of C$0.23 and a 200-day moving average of C$0.25.

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.