Lincoln Gold Mining Inc. (CVE:LMG – Get Free Report) fell 6.3% on Wednesday. The stock traded as low as C$0.38 and last traded at C$0.38. Approximately 3,000 shares changed hands during mid-day trading, a decline of 91% from the average daily volume of 31,995 shares. The stock had previously closed at C$0.40.
Lincoln Gold Mining Trading Down 5.0%
The company has a market cap of C$10.94 million, a P/E ratio of -3.80 and a beta of 1.29. The business has a 50 day moving average price of C$0.43 and a 200-day moving average price of C$0.47.
About Lincoln Gold Mining
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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