Lincoln Gold Mining (CVE:LMG) Shares Up 4.7% – Here’s What Happened

Lincoln Gold Mining Inc. (CVE:LMGGet Free Report) was up 4.7% during mid-day trading on Wednesday . The stock traded as high as C$0.34 and last traded at C$0.34. Approximately 1,340 shares were traded during mid-day trading, a decline of 94% from the average daily volume of 24,070 shares. The stock had previously closed at C$0.32.

Lincoln Gold Mining Stock Performance

The stock has a fifty day simple moving average of C$0.27 and a 200 day simple moving average of C$0.25. The firm has a market cap of C$5.76 million, a P/E ratio of 0.52 and a beta of 1.96.

About Lincoln Gold Mining

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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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