Lundin Gold Inc. (OTCMKTS:LUGDF) Increases Dividend to $0.30 Per Share

Lundin Gold Inc. (OTCMKTS:LUGDF) declared a dividend on Friday, March 7th, investing.com reports. Investors of record on Wednesday, March 12th will be given a dividend of 0.3027 per share on Wednesday, March 26th. This represents a yield of 4.24%. The ex-dividend date of this dividend is Tuesday, March 11th. This is a 52.1% increase from Lundin Gold’s previous dividend of $0.20.

Lundin Gold Trading Up 6.0 %

OTCMKTS:LUGDF opened at C$30.26 on Friday. Lundin Gold has a one year low of C$12.45 and a one year high of C$30.26. The company has a fifty day moving average price of C$25.33 and a 200 day moving average price of C$23.43.

Lundin Gold Company Profile

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.