Lundin Gold Inc. (OTCMKTS:FTMNF – Get Free Report)’s share price was down 1.9% during mid-day trading on Monday. The company traded as low as $59.50 and last traded at $60.3360. 63,137 shares traded hands during mid-day trading, an increase of 1,060% from the average daily volume of 5,445 shares. The stock had previously closed at $61.5250.
Lundin Gold Stock Performance
The stock’s 50-day moving average price is $66.65 and its 200-day moving average price is $69.70.
Lundin Gold Company Profile
Lundin Gold Inc is a Canadian mining company focused on the exploration, development and operation of gold properties. Its principal asset is the 100%-owned Fruta del Norte gold mine in southeastern Ecuador, one of the country’s major modern mining operations.
Fruta del Norte is a high-grade underground mine that produces gold, along with associated silver, through an on-site processing facility. The company’s activities include underground mining, mineral processing, exploration, mine development and efforts to extend and optimize the operation’s production life.
Lundin Gold was established in 2014 and acquired the Fruta del Norte project from Kinross Gold that year.
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