Lundin Gold (OTCMKTS:LUGDF) Trading Down 0.1% – Here’s What Happened

Lundin Gold Inc. (OTCMKTS:LUGDFGet Free Report)’s share price dropped 0.1% during trading on Wednesday . The company traded as low as C$21.78 and last traded at C$21.78. Approximately 8,881 shares were traded during mid-day trading, a decline of 56% from the average daily volume of 20,219 shares. The stock had previously closed at C$21.81.

Lundin Gold Price Performance

The stock has a 50-day moving average price of C$22.78 and a 200 day moving average price of C$18.40.

Lundin Gold Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, September 25th. Investors of record on Wednesday, September 11th were given a $0.2002 dividend. The ex-dividend date of this dividend was Tuesday, September 10th. This is a boost from Lundin Gold’s previous dividend of $0.10. This represents a yield of 3.99%.

Lundin Gold Company Profile

(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.

Further Reading

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