Lundin Gold Inc. (OTCMKTS:LUGDF) Receives Average Rating of “Hold” from Analysts

Lundin Gold Inc. (OTCMKTS:LUGDF) has been given a consensus recommendation of “Hold” by the seven ratings firms that are covering the company, MarketBeat.com reports. Seven research analysts have rated the stock with a hold recommendation.

LUGDF has been the subject of several analyst reports. BMO Capital Markets reaffirmed a “market perform” rating on shares of Lundin Gold in a research note on Tuesday, December 9th. Jefferies Financial Group restated a “hold” rating on shares of Lundin Gold in a research report on Sunday, December 7th. Raymond James Financial reaffirmed a “market perform” rating on shares of Lundin Gold in a report on Friday, October 10th. Finally, Scotiabank reiterated a “sector perform” rating on shares of Lundin Gold in a research report on Thursday, October 23rd.

Lundin Gold Stock Up 0.1%

Shares of OTCMKTS:LUGDF opened at C$81.10 on Friday. Lundin Gold has a one year low of C$20.50 and a one year high of C$85.44. The company has a 50-day simple moving average of C$75.03 and a 200-day simple moving average of C$62.44.

Lundin Gold Company Profile

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.