Time to Buy Lumina Gold Corp After Today’s Huge Decline?

 Time to Buy Lumina Gold Corp After Today's Huge Decline?

The stock of Lumina Gold Corp (CVE:LUM) is a huge mover today! About 22,130 shares traded hands. Lumina Gold Corp (CVE:LUM) has risen 6.00% since October 16, 2016 and is uptrending. It has outperformed by 2.07% the S&P500.
The move comes after 5 months negative chart setup for the $150.55 million company. It was reported on Nov, 15 by Barchart.com. We have $0.66 PT which if reached, will make CVE:LUM worth $18.07 million less.

More notable recent Lumina Gold Corp (CVE:LUM) news were published by: Marketwired.com which released: “Lumina Completes Acquisition of Ecuador Gold and Copper Corp.” on November 01, 2016, also Marketwatch.com with their article: “Lumina Gold Corp.” published on October 31, 2016, Marketwired.com published: “Odin Mining and Exploration Ltd. Announces Results of AGM” on August 26, 2016. More interesting news about Lumina Gold Corp (CVE:LUM) were released by: Finance.Yahoo.com and their article: “Odin Announces Effective Date of EGX Acquisition and Name Change” published on October 31, 2016 as well as Mining.com‘s news article titled: “Goldcorp to open Argentina’s Cerro Negro gold, silver mine in February” with publication date: November 20, 2014.

Lumina Gold Corp., formerly Odin Mining and Exploration Ltd., is a precious and base metals exploration and development company. The company has a market cap of $150.55 million. The Company, through its subsidiaries, is engaged in the acquisition and development of mineral resources in Ecuador. It currently has negative earnings. The Firm holds interest in over three separate mineral titles located near Machala in southwest Ecuador, known as the Cangrejos Concessions, and over two additional mineral titles through a mining right in the contiguous properties, known as Castro Concessions.

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