Shares of Lundin Gold Inc. (OTCMKTS:FTMNF – Get Free Report) rose 1.6% during trading on Thursday . The stock traded as high as $29.08 and last traded at $29.03. Approximately 16,987 shares were traded during mid-day trading, an increase of 212% from the average daily volume of 5,445 shares. The stock had previously closed at $28.58.
Lundin Gold Price Performance
The company’s 50-day simple moving average is $24.42 and its 200 day simple moving average is $22.96.
About Lundin Gold
Lundin Gold Inc operates as a mining company in Canada. The company holds interests in 27 metallic mineral concessions and three construction material concessions covering an area of approximately 64,270 hectares located in Southeast Ecuador. It primary holds interests in the Fruta del Norte gold project comprising seven concessions covering an area of approximately 5,566 hectares located near the city of Loja in Ecuador.
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