Lundin Gold (OTCMKTS:LUGDF) Trading 1.5% Higher – Here’s Why

Lundin Gold Inc. (OTCMKTS:LUGDFGet Free Report) rose 1.5% on Tuesday . The company traded as high as C$24.00 and last traded at C$23.85. Approximately 1,803 shares were traded during trading, a decline of 92% from the average daily volume of 22,063 shares. The stock had previously closed at C$23.50.

Lundin Gold Trading Up 1.5 %

The stock’s 50 day simple moving average is C$22.56 and its two-hundred day simple moving average is C$20.95.

Lundin Gold Cuts Dividend

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

About Lundin Gold

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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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