Luca Mining (CVE:LUCA) Insider Luca Mining Corp. Purchases 140,500 Shares

Luca Mining Corp. (CVE:LUCA) insider Luca Mining Corp. acquired 140,500 shares of Luca Mining stock in a transaction on Wednesday, June 10th. The shares were bought at an average price of C$1.04 per share, with a total value of C$146,120.00. Following the completion of the transaction, the insider directly owned 203,000 shares of the company’s stock, valued at C$211,120. This trade represents a 224.80% increase in their position.

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

• On Tuesday, June 9th, Luca Mining Corp. acquired 62,500 shares of Luca Mining stock. The shares were bought at an average price of C$1.05 per share, with a total value of C$65,625.00.

Luca Mining Stock Performance

CVE:LUCA traded up C$0.03 during trading hours on Thursday, reaching C$1.11. 161,382 shares of the company were exchanged, compared to its average volume of 588,547. The stock has a 50-day moving average of C$1.32. The firm has a market cap of C$305.50 million, a price-to-earnings ratio of -18.50 and a beta of 1.34. Luca Mining Corp. has a twelve month low of C$1.01 and a twelve month high of C$2.16.

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

Analyst Ratings Changes

LUCA has been the subject of a number of research analyst reports. Raymond James Financial set a C$3.50 price objective on shares of Luca Mining and gave the stock an “outperform” rating in a research report on Thursday, April 9th. National Bank Financial set a C$3.25 target price on shares of Luca Mining and gave the company an “outperform” rating in a research report on Wednesday, April 8th. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of C$3.38.