Lundin Gold Inc (LUG) Insider Lorito Holdings S.à.r.l. Acquires 977,100 Shares
Lundin Gold Inc (TSE:LUG) insider Lorito Holdings S.à.r.l. purchased 977,100 shares of Lundin Gold stock in a transaction that occurred on Monday, January 28th. The stock was acquired at an average cost of C$4.82 per share, with a total value of C$4,713,530.40. Following the acquisition, the insider now directly owns 977,100 shares of the company’s stock, valued at approximately C$4,713,530.40.
Shares of LUG opened at C$4.95 on Wednesday. The stock has a market capitalization of $1.05 billion and a P/E ratio of -45.83. Lundin Gold Inc has a one year low of C$4.33 and a one year high of C$5.52. The company has a quick ratio of 10.26, a current ratio of 11.21 and a debt-to-equity ratio of 58.01.
Lundin Gold (TSE:LUG) last issued its quarterly earnings results on Thursday, November 8th. The company reported C$0.04 EPS for the quarter. On average, research analysts anticipate that Lundin Gold Inc will post -0.140000011313132 EPS for the current year.
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Lundin Gold Inc operates as a mining company in Canada. The company holds interests in 32 mining concessions covering an area of approximately 70,400 hectares located in Southeast Ecuador. It primarily focuses on advancing the Fruta del Norte gold project that comprises four concessions covering an area of approximately 4,900 hectares located near the city of Loja in Ecuador.
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