Lundin Gold (OTCMKTS:LUGDF) Shares Down 0.1% – Here’s What Happened

Lundin Gold Inc. (OTCMKTS:LUGDF)’s stock price traded down 0.1% during mid-day trading on Friday . The company traded as low as C$30.38 and last traded at C$30.42. 13,509 shares changed 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 Stock Performance

The company has a 50-day moving average of C$27.62 and a 200 day moving average of C$24.50.

Lundin Gold Increases Dividend

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

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.