Damage: High, and more deadly because of its fire rate. When fully upgraded it does 64 HP on a normal shot. Bonus 100% against Supernatural Foes, can do up to 128 HP damage per shot on them, which makes it more effective in Single Player. In Multiplayer the stats are slightly increased. However, this weapon is nerfed after version 2.8.2, only does 9 damage when not upgraded.
Range: Not as far as a sniper rifle, but still higher than average.
Fire Rate: Very high.
Reload: An astounding rate for the amount of ammunition it holds.
Ammo: It uses Solar Ammo. Ammo capacity of Light Cannon is high.