Lincoln Gold Mining (CVE:LMG) Trading Down 20% – Should You Sell?

Lincoln Gold Mining Inc. (CVE:LMGGet Free Report)’s stock price was down 20% during mid-day trading on Monday . The stock traded as low as C$0.28 and last traded at C$0.28. Approximately 96,764 shares were traded during trading, an increase of 122% from the average daily volume of 43,573 shares. The stock had previously closed at C$0.35.

Lincoln Gold Mining Stock Down 11.5%

The firm has a market capitalization of C$5.49 million, a PE ratio of -2.30 and a beta of 1.42. The company has a 50-day moving average of C$0.24 and a 200 day moving average of C$0.22.

About Lincoln Gold Mining

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Lincoln Gold Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lincoln Gold Mining and related companies with MarketBeat.com's FREE daily email newsletter.