Lundin Gold Inc. (OTCMKTS:LUGDF – Get Free Report)’s stock price dropped 0.1% on Wednesday . The company traded as low as C$21.78 and last traded at C$21.78. Approximately 8,881 shares changed hands 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 firm’s 50 day simple moving average is C$22.78 and its 200-day simple moving average is C$18.40.
Lundin Gold Increases Dividend
The firm also recently announced a dividend, which was paid on Wednesday, September 25th. Stockholders of record on Wednesday, September 11th were paid a dividend of $0.2002 per share. This represents a dividend yield of 3.99%. This is an increase from Lundin Gold’s previous dividend of $0.10. The ex-dividend date of this dividend was Tuesday, September 10th.
About Lundin Gold
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.
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