Lumina Gold (CVE:LUM) Trading Down 2% – Should You Sell?

Lumina Gold Corp. (CVE:LUM) traded down 2% on Tuesday . The stock traded as low as C$0.48 and last traded at C$0.49. 74,428 shares traded hands during mid-day trading, a decline of 28% from the average session volume of 102,925 shares. The stock had previously closed at C$0.50.

Lumina Gold Stock Performance

The company has a debt-to-equity ratio of 1.96, a current ratio of 0.25 and a quick ratio of 0.17. The firm has a fifty day moving average price of C$0.53 and a two-hundred day moving average price of C$0.53. The stock has a market capitalization of C$203.85 million, a PE ratio of -7.00 and a beta of 1.47.

Lumina Gold (CVE:LUM) last released its quarterly earnings data on Thursday, August 22nd. The company reported C($0.03) EPS for the quarter. Research analysts expect that Lumina Gold Corp. will post -0.05 EPS for the current year.

Insider Transactions at Lumina Gold

In other news, Senior Officer Scott Victor Andrew Hicks sold 125,000 shares of the stock in a transaction on Thursday, September 26th. The shares were sold at an average price of C$0.55, for a total value of C$68,662.50. Also, Director Lyle Braaten sold 143,000 shares of the stock in a transaction on Tuesday, October 15th. The stock was sold at an average price of C$0.58, for a total transaction of C$82,940.00. Insiders sold 416,500 shares of company stock valued at $235,923 in the last quarter. 34.12% of the stock is currently owned by corporate insiders.

Lumina Gold Company Profile

Lumina Gold Corp., a precious and base metals exploration and development company, engages in the acquisition, exploration, evaluation, and development of mineral resources in Ecuador. The company primarily explores for gold and copper deposits. It focuses on the Cangrejos Gold-Copper Project located in El Oro Province, southwest Ecuador.