Lumina Gold Corp. (OTCMKTS:LMGDF) Sees Significant Drop in Short Interest

Lumina Gold Corp. (OTCMKTS:LMGDF) was the recipient of a significant drop in short interest in the month of March. As of March 15th, there was short interest totalling 27,300 shares, a drop of 54.5% from the February 28th total of 60,000 shares. Based on an average daily volume of 63,800 shares, the days-to-cover ratio is currently 0.4 days.

Lumina Gold Stock Performance

OTCMKTS:LMGDF traded down $0.02 during midday trading on Friday, reaching $0.42. The stock had a trading volume of 210,419 shares, compared to its average volume of 75,029. The firm has a fifty day simple moving average of $0.41 and a two-hundred day simple moving average of $0.38. Lumina Gold has a 12-month low of $0.31 and a 12-month high of $0.50.

About Lumina Gold

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.