Luca Mining (CVE:LUCA) Insider Daniel Barnholden Buys 20,000 Shares of Stock

Luca Mining Corp. (CVE:LUCA) insider Daniel Barnholden purchased 20,000 shares of Luca Mining stock in a transaction that occurred on Thursday, October 1st. The stock was purchased at an average price of C$1.09 per share, with a total value of C$21,800.00. Following the completion of the purchase, the insider directly owned 3,356,500 shares in the company, valued at C$3,658,585. This trade represents a 0.60% increase in their ownership of the stock.

Luca Mining Trading Down 1.4%

Shares of LUCA traded down C$0.01 during midday trading on Thursday, reaching C$1.08. 1,073,549 shares of the stock were exchanged, compared to its average volume of 758,442. The firm has a 50 day moving average of C$1.03. The stock has a market capitalization of C$298.62 million, a P/E ratio of -108.50 and a beta of 1.21. Luca Mining Corp. has a twelve month low of C$0.80 and a twelve month high of C$2.16.

Analysts Set New Price Targets

Separately, National Bank Financial decreased their target price on shares of Luca Mining from C$2.50 to C$2.40 and set an “outperform” rating on the stock in a research report on Tuesday, August 18th. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of C$2.95.