Lincoln Gold Mining Inc. (CVE:LMG – Get Free Report) fell 12% on Wednesday . The company traded as low as C$0.22 and last traded at C$0.22. 4,473 shares traded hands during mid-day trading, a decline of 81% from the average session volume of 23,273 shares. The stock had previously closed at C$0.25.
Lincoln Gold Mining Price Performance
The company has a market cap of C$3.78 million, a PE ratio of 0.34 and a beta of 1.96. The stock has a 50 day simple moving average of C$0.26 and a two-hundred day simple moving average of C$0.25.
Lincoln Gold Mining Company Profile
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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