Lundin Gold (OTCMKTS:LUGDF) Trading Down 0.9% – Here’s What Happened

Lundin Gold Inc. (OTCMKTS:LUGDFGet Free Report) was down 0.9% during trading on Tuesday . The stock traded as low as C$27.74 and last traded at C$28.58. Approximately 49,432 shares changed hands during mid-day trading, an increase of 125% from the average daily volume of 21,998 shares. The stock had previously closed at C$28.85.

Lundin Gold Price Performance

The company’s fifty day simple moving average is C$24.29 and its 200 day simple moving average is C$22.96.

Lundin Gold Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, December 20th. Investors of record on Friday, December 6th were paid a $0.1991 dividend. The ex-dividend date was Thursday, December 5th. This represents a dividend yield of 3.45%.

About Lundin Gold

(Get Free Report)

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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