Lundin Gold (OTCMKTS:LUGDF) Trading Down 0.1% – Should You Sell?

Lundin Gold Inc. (OTCMKTS:LUGDF) shares traded down 0.1% on Friday . The company traded as low as C$30.38 and last traded at C$30.42. 13,509 shares traded hands during mid-day trading, a decline of 60% from the average session volume of 33,773 shares. The stock had previously closed at C$30.45.

Lundin Gold Price Performance

The business’s 50-day simple moving average is C$27.62 and its two-hundred day simple moving average is C$24.50.

Lundin Gold Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, March 26th. Investors of record on Wednesday, March 12th were paid a $0.3027 dividend. This represents a dividend yield of 4.24%. The ex-dividend date of this dividend was Tuesday, March 11th. This is a positive change from Lundin Gold’s previous dividend of $0.20.

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.