Lundin Gold (OTCMKTS:LUGDF) Shares Up 1.5% – Here’s Why

Lundin Gold Inc. (OTCMKTS:LUGDFGet Free Report)’s share price rose 1.5% during trading on Tuesday . The company traded as high as C$24.00 and last traded at C$23.85. Approximately 1,803 shares changed hands during mid-day 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 Stock Up 1.5 %

The company has a 50 day moving average price of C$22.56 and a two-hundred day moving average price of C$20.95.

Lundin Gold Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, December 20th. Shareholders of record on Friday, December 6th were given a $0.1991 dividend. 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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