Lundin Gold (OTCMKTS:FTMNF) Trading 2.4% Higher – Still a Buy?

Lundin Gold Inc. (OTCMKTS:FTMNFGet Free Report)’s stock price rose 2.4% on Friday . The company traded as high as $23.10 and last traded at $23.10. Approximately 39,777 shares traded hands during trading, an increase of 631% from the average daily volume of 5,445 shares. The stock had previously closed at $22.56.

Lundin Gold Price Performance

The firm’s 50 day moving average price is $22.54 and its two-hundred day moving average price is $18.12.

Lundin Gold Company Profile

(Get Free Report)

Lundin Gold Inc operates as a mining company in Canada. The company holds interests in 27 metallic mineral concessions and three construction material concessions covering an area of approximately 64,270 hectares located in Southeast Ecuador. It primary holds interests in the Fruta del Norte gold project comprising seven concessions covering an area of approximately 5,566 hectares located near the city of Loja in Ecuador.

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