Lundin Gold (OTCMKTS:FTMNF) Trading 2.5% Higher – Here’s Why

Lundin Gold Inc. (OTCMKTS:FTMNFGet Free Report) shot up 2.5% on Monday . The stock traded as high as $23.63 and last traded at $23.63. 20,768 shares changed hands during mid-day trading, an increase of 281% from the average session volume of 5,445 shares. The stock had previously closed at $23.05.

Lundin Gold Price Performance

The business’s 50-day moving average price is $23.20 and its 200 day moving average price is $19.09.

Lundin Gold Company Profile

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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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