Lundin Gold (OTCMKTS:FTMNF) Trading Down 3.4% – Here’s Why

Lundin Gold Inc. (OTCMKTS:FTMNFGet Free Report)’s share price dropped 3.4% during trading on Friday . The stock traded as low as $67.70 and last traded at $69.15. Approximately 208,244 shares traded hands during trading, an increase of 3,724% from the average daily volume of 5,445 shares. The stock had previously closed at $71.62.

Lundin Gold Price Performance

The stock has a fifty day simple moving average of $80.25 and a 200-day simple moving average of $76.37.

About Lundin Gold

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Lundin Gold Inc is a Canada-based gold producer and developer focused on advancing high-quality mineral projects in the Americas. The company’s primary asset is the Fruta del Norte gold mine in southeastern Ecuador, which stands among the world’s premier underground gold deposits. Lundin Gold was established in 2014 and has built a reputation for disciplined project execution and a commitment to sustainable mining practices.

The Fruta del Norte project sits in the prolific Zamora-Chinchipe province and is supported by well-developed infrastructure, including on-site processing facilities.

Further Reading

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