Lumina Gold (CVE:LUM) Given a C$1.50 Price Target at Royal Bank of Canada

Royal Bank of Canada set a C$1.50 target price on Lumina Gold (CVE:LUM) in a research report sent to investors on Tuesday,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

Lumina Gold Stock Up 1.7 %

Shares of CVE:LUM opened at C$0.60 on Tuesday. The company has a market cap of C$176.21 million, a PE ratio of -4.14 and a beta of 1.47. Lumina Gold has a 52 week low of C$0.43 and a 52 week high of C$0.70. The company has a debt-to-equity ratio of -0.05, a quick ratio of 0.17 and a current ratio of 0.20. The firm has a 50 day simple moving average of C$0.59 and a 200 day simple moving average of C$0.54.

About Lumina Gold

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.