Lincoln Gold Mining (CVE:LMG) share price fell 7.8%

The stock price of Lincoln Gold Mining Inc. (CVE:LMG – Get a Free Report) fell 7.8% in trading on Friday. The stock traded as low as €0.21 and last traded at €0.24. During afternoon trading, 96,000 shares traded, up 228% from the average session volume of 29,303 shares. The stock previously closed at €0.26.

Performance of Lincoln’s Gold Mining Stocks

The company has a 50-day moving average of $0.18 and a 200-day moving average of $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

(Get a free report)

Lincoln Gold Mining Inc engages in the exploration and development of precious metals in the United States and Canada. It explores gold, copper, nickel and cobalt deposits. The Company has interests in the Pine Grove gold property with mining leases for the Wilson and Wheeler mines, and 243 unpatented claims located in the Pine Grove Hills, Lyon County, Nevada; and the Oro Cruz gold property consisting of 151 lode claims covering approximately 3,000 acres located in Imperial County, California.

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