Lincoln Gold Mining (CVE:LMG) Trading Up 11.8% – Here’s Why

Lincoln Gold Mining Inc. (CVE:LMGGet Free Report)’s share price was up 11.8% during trading on Wednesday . The stock traded as high as C$0.19 and last traded at C$0.19. Approximately 10,394 shares changed hands during trading, a decline of 29% from the average daily volume of 14,635 shares. The stock had previously closed at C$0.17.

Lincoln Gold Mining Trading Up 11.8 %

The stock has a market cap of C$3.27 million, a PE ratio of 0.29 and a beta of 1.96. The firm has a fifty day simple moving average of C$0.14 and a two-hundred day simple moving average of C$0.21.

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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