Lumina Gold (CVE:LUM) Trading 2.2% Higher – What’s Next?

Lumina Gold Corp. (CVE:LUM) shot up 2.2% on Wednesday . The company traded as high as C$0.47 and last traded at C$0.47. 14,500 shares traded hands during trading, a decline of 86% from the average session volume of 102,280 shares. The stock had previously closed at C$0.46.

Lumina Gold Stock Performance

The company has a fifty day moving average of C$0.51 and a two-hundred day moving average of C$0.52. The firm has a market capitalization of C$195.53 million, a price-to-earnings ratio of -6.71 and a beta of 1.47. The company has a debt-to-equity ratio of 1.96, a quick ratio of 0.17 and a current ratio of 0.25.

Insider Transactions at Lumina Gold

In other Lumina Gold news, Director Lyle Braaten sold 143,000 shares of the firm’s stock in a transaction dated Tuesday, October 15th. The shares were sold at an average price of C$0.58, for a total value of C$82,940.00. Also, Senior Officer Martin Raymond Danziger Rip sold 100,000 shares of the company’s stock in a transaction that occurred on Thursday, October 17th. The stock was sold at an average price of C$0.58, for a total transaction of C$58,000.00. Over the last 90 days, insiders sold 416,500 shares of company stock valued at $235,923. 34.12% of the stock is currently owned by corporate insiders.

Lumina Gold Company Profile

Lumina Gold Corp., a precious and base metals exploration and development company, engages in the acquisition, exploration, evaluation, and development of mineral resources in Ecuador. The company primarily explores for gold and copper deposits. It focuses on the Cangrejos Gold-Copper Project located in El Oro Province, southwest Ecuador.