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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Lumine Group Inc. (LMN)

Q: Hi 5i,

Towards what price range would it be realistic to see LMN stock over time if nothing serious gets in the way?

Thanks

Asked by Charles on March 04, 2024

5i Research Answer:

Such question are inherently difficult and not more than guesses. Much depends on the company's acquisitions progress and speed. 'Over time' of course is also an undefined period. In a normal market, it is the type of stock that we would 'expect' to return 20% annually, but this may still come from a volatile up/down summation.

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