Luca Mining (CVE:LUCA) Given a C$3.50 Price Target by Raymond James Financial Analysts

Raymond James Financial set a C$3.50 target price on Luca Mining (CVE:LUCA) in a research note issued to investors on Thursday morning,BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

Separately, National Bank Financial set a C$3.25 target price on Luca Mining and gave the company an “outperform” rating in a research note on Wednesday. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of C$3.38.

Luca Mining Trading Up 1.4%

CVE:LUCA opened at C$1.45 on Thursday. Luca Mining has a 1-year low of C$1.09 and a 1-year high of C$2.16. The stock has a market capitalization of C$391.02 million, a price-to-earnings ratio of -24.17 and a beta of 1.63.

Luca Mining (CVE:LUCA) last released its earnings results on Wednesday, April 8th. The company reported C($0.01) earnings per share for the quarter. During the same quarter in the previous year, the business earned $0.04 earnings per share.