Shares of Lundin Gold Inc. (OTCMKTS:FTMNF – Get Free Report) traded up 0.9% during mid-day trading on Monday. The company traded as high as $62.39 and last traded at $61.5325. 34,643 shares were traded during mid-day trading, an increase of 536% from the average daily volume of 5,445 shares. The stock had previously closed at $60.96.
Lundin Gold Stock Performance
The firm’s 50 day moving average price is $65.82 and its 200 day moving average price is $65.79.
Lundin Gold Company Profile
Lundin Gold Inc is a Canadian mining company focused on the exploration, development and operation of gold properties. Its principal asset is the Fruta del Norte underground gold mine in southeastern Ecuador’s Zamora Chinchipe province.
The company acquired the Fruta del Norte project from Kinross Gold in 2014 and began commercial production at the mine in 2019. Fruta del Norte produces gold doré, which is refined by third-party facilities, and the company continues to conduct exploration and development activities in and around the mine area.
Lundin Gold is headquartered in Vancouver, British Columbia, and its operations are concentrated in Ecuador.
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