Lundin Gold (OTCMKTS:LUGDF) Trading 1.3% Higher – Should You Buy?

Lundin Gold Inc. (OTCMKTS:LUGDFGet Free Report) shares traded up 1.3% during mid-day trading on Monday . The stock traded as high as C$21.84 and last traded at C$21.84. Approximately 7,844 shares changed hands during mid-day trading, a decline of 64% from the average daily volume of 21,584 shares. The stock had previously closed at C$21.55.

Lundin Gold Price Performance

The stock’s 50-day simple moving average is C$23.41 and its 200 day simple moving average is C$20.04.

Lundin Gold Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 20th. Investors of record on Friday, December 6th were given a dividend of $0.1991 per share. The ex-dividend date of this dividend was Thursday, December 5th. This represents a dividend yield of 3.45%.

Lundin Gold Company Profile

(Get Free Report)

Lundin Gold Inc operates as a mining company in Canada. The company holds interests in 28 metallic mineral concessions and three construction material concessions covering an area of approximately 64,454 hectares located in Southeast Ecuador. It primary holds 100% interests in the Fruta del Norte gold project that comprising seven concessions covering an area of approximately 5,566 hectares located near the city of Loja in Ecuador.

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