Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
Lumina Gold Corp., an exploration stage 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 project consisting of ten mineral concessions covering an area of approximately 6,373 hectares located in El Oro Province, southwest Ecuador. The company was formerly known as Odin Mining and Exploration Ltd. and changed its name to Lumina Gold Corp. in November 2016. Lumina Gold Corp. was incorporated in 1988 and is headquartered in Vancouver, Canada.
Company Valuation
From both historical and forecast perspectives, the stock is considerably underpriced compared to similar stocks.
Target Price
The average target price of LUM.V is 1.8 and suggests 39% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to increa
