Luca Mining Corp. Buys 62,500 Shares of Luca Mining (CVE:LUCA) Stock

Luca Mining Corp. (CVE:LUCA) insider Luca Mining Corp. bought 62,500 shares of the firm’s stock in a transaction that occurred on Tuesday, June 9th. The stock was bought at an average cost of C$1.05 per share, for a total transaction of C$65,625.00. Following the completion of the acquisition, the insider owned 62,500 shares in the company, valued at C$65,625. This trade represents a ∞ increase in their position.

Luca Mining Corp. also recently made the following trade(s):

• On Wednesday, June 10th, Luca Mining Corp. bought 140,500 shares of Luca Mining stock. The stock was bought at an average cost of C$1.04 per share, for a total transaction of C$146,120.00.

Luca Mining Trading Up 4.5%

Shares of Luca Mining stock opened at C$1.15 on Friday. Luca Mining Corp. has a one year low of C$1.01 and a one year high of C$2.16. The business has a fifty day moving average of C$1.31. The company has a market cap of C$316.51 million, a PE ratio of -19.17 and a beta of 1.34.

Luca Mining (CVE:LUCA) last announced its earnings results on Tuesday, May 26th. The company reported C$0.04 EPS for the quarter. During the same period in the prior year, the firm earned $0.02 earnings per share.

Analysts Set New Price Targets

A number of research firms have commented on LUCA. Raymond James Financial set a C$3.50 price target on Luca Mining and gave the company an “outperform” rating in a report on Thursday, April 9th. National Bank Financial set a C$3.25 price target on Luca Mining and gave the company an “outperform” rating in a report on Wednesday, April 8th. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of C$3.38.