Lincoln Gold Mining (CVE:LMG) Trading Up 6.3% – Should You Buy?

Lincoln Gold Mining Inc. (CVE:LMGGet Free Report) traded up 6.3% during mid-day trading on Tuesday . The stock traded as high as C$0.17 and last traded at C$0.17. 12,500 shares were traded during trading, a decline of 43% from the average session volume of 22,054 shares. The stock had previously closed at C$0.16.

Lincoln Gold Mining Stock Performance

The company’s 50-day moving average is C$0.16 and its 200-day moving average is C$0.19. The firm has a market cap of C$2.92 million, a price-to-earnings ratio of 0.26 and a beta of 1.96.

Lincoln Gold Mining Company Profile

(Get Free Report)

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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