Lumina Gold (CVE:LUM) Stock Price Down 3.9% – Here’s Why

Lumina Gold Corp. (CVE:LUMGet Free Report) shares were down 3.9% during mid-day trading on Wednesday . The stock traded as low as C$0.49 and last traded at C$0.49. Approximately 368,206 shares changed hands during mid-day trading, an increase of 108% from the average daily volume of 177,104 shares. The stock had previously closed at C$0.51.

Lumina Gold Price Performance

The stock has a market capitalization of C$228.81 million, a P/E ratio of -7.86 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. The business has a fifty day simple moving average of C$0.49 and a 200-day simple moving average of C$0.50.

About Lumina Gold

(Get Free Report)

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.

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