Lincoln Gold Mining (CVE:LMG) Shares Down 7.8%

Lincoln Gold Mining Inc. (CVE:LMG) traded down 7.8% on Friday . The company traded as low as C$0.21 and last traded at C$0.24. 96,000 shares traded hands during trading, an increase of 228% from the average session volume of 29,303 shares. The stock had previously closed at C$0.26.

Lincoln Gold Mining Stock Down 7.8 %

The business has a fifty day simple moving average of C$0.18 and a two-hundred day simple moving average of C$0.17. The company has a market capitalization of C$3.23 million, a price-to-earnings ratio of -0.22 and a beta of 1.88.

Lincoln Gold Mining Company Profile

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.