Lincoln Gold Mining (CVE:LMG) Shares Down 8% – Here’s What Happened

by · The Cerbat Gem

Lincoln Gold Mining Inc. (CVE:LMG – Get Free Report) shares were down 8% on Tuesday . The stock traded as low as C$0.23 and last traded at C$0.23. Approximately 44,512 shares were traded during trading, an increase of 3% from the average daily volume of 43,213 shares. The stock had previously closed at C$0.25.

Lincoln Gold Mining Trading Down 8.0%

The company has a market capitalization of C$5.65 million, a price-to-earnings ratio of -2.88 and a beta of 1.42. The stock’s fifty day simple moving average is C$0.24 and its 200-day simple moving average is C$0.23.

Lincoln Gold Mining Company Profile

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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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