Lundin Gold (OTCMKTS:FTMNF) Shares Up 3.2% – Time to Buy?

Lundin Gold Inc. (OTCMKTS:FTMNFGet Free Report) was up 3.2% on Thursday . The company traded as high as $94.84 and last traded at $94.0350. Approximately 43,824 shares were traded during mid-day trading, an increase of 705% from the average daily volume of 5,445 shares. The stock had previously closed at $91.08.

Lundin Gold Stock Performance

The company’s 50 day moving average price is $82.72 and its 200 day moving average price is $74.52.

Lundin Gold Company Profile

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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.

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