Lundin Gold Inc. (OTCMKTS:FTMNF – Get Free Report) dropped 1.9% during mid-day trading on Monday. The stock traded as low as $59.50 and last traded at $60.3360. Approximately 63,137 shares traded hands during mid-day trading, an increase of 1,060% from the average session volume of 5,445 shares. The stock had previously closed at $61.5250.
Lundin Gold Price Performance
The firm’s fifty day simple moving average is $66.65 and its 200-day simple moving average is $69.70.
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 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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