Lundin Gold (OTCMKTS:LUGDF) Stock Price Down 0.1% – Here’s Why

Lundin Gold Inc. (OTCMKTS:LUGDFGet Free Report) was down 0.1% during trading on Wednesday . The stock traded as low as C$21.78 and last traded at C$21.78. Approximately 8,881 shares changed hands during trading, a decline of 56% from the average daily volume of 20,219 shares. The stock had previously closed at C$21.81.

Lundin Gold Trading Down 0.1 %

The firm has a fifty day moving average price of C$22.70 and a 200 day moving average price of C$18.35.

Lundin Gold Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, September 25th. Stockholders of record on Wednesday, September 11th were paid a dividend of $0.2002 per share. The ex-dividend date was Tuesday, September 10th. This is an increase from Lundin Gold’s previous dividend of $0.10. This represents a dividend yield of 3.99%.

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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