Luca Mining (CVE:LUCA) Insider Luca Mining Corp. Purchases 140,500 Shares of Stock

Luca Mining Corp. (CVE:LUCA) insider Luca Mining Corp. purchased 140,500 shares of the firm’s stock in a transaction on Wednesday, June 10th. The shares were purchased at an average price of C$1.04 per share, with a total value of C$146,120.00. Following the completion of the acquisition, the insider directly owned 203,000 shares of the company’s stock, valued at approximately C$211,120. This trade represents a 224.80% increase in their ownership of the stock.

Luca Mining Corp. also recently made the following trade(s):

• On Tuesday, June 9th, Luca Mining Corp. purchased 62,500 shares of Luca Mining stock. The shares were purchased at an average price of C$1.05 per share, with a total value of C$65,625.00.

Luca Mining Price Performance

LUCA stock opened at C$1.10 on Friday. Luca Mining Corp. has a 52-week low of C$1.01 and a 52-week high of C$2.16. The company’s 50-day moving average price is C$1.31. The company has a market capitalization of C$302.75 million, a PE ratio of -18.33 and a beta of 1.34.

Luca Mining (CVE:LUCA) last released its quarterly earnings results on Tuesday, May 26th. The company reported C$0.04 earnings per share (EPS) for the quarter. During the same quarter in the prior year, the firm earned $0.02 EPS.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. Raymond James Financial set a C$3.50 price target on shares of Luca Mining and gave the company an “outperform” rating in a report on Thursday, April 9th. National Bank Financial set a C$3.25 target price on shares of Luca Mining and gave the company an “outperform” rating in a research note on Wednesday, April 8th. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of C$3.38.