Lundin Gold Inc. (OTCMKTS:FTMNF – Get Free Report) shot up 0.9% during trading on Monday. The stock traded as high as $62.39 and last traded at $61.5325. Approximately 34,643 shares were traded during mid-day trading, an increase of 536% from the average session volume of 5,445 shares. The stock had previously closed at $60.96.
Lundin Gold Price Performance
The company’s 50-day moving average price is $65.82 and its 200 day moving average price is $65.79.
About Lundin Gold
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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