The stock of LUNDIN GOLD INC (TSE:LUG) is a huge mover today! About 15,508 shares traded hands. LUNDIN GOLD INC (TSE:LUG) has risen 26.91% since March 10, 2016 and is uptrending. It has outperformed by 21.29% the S&P500.
The move comes after 5 months positive chart setup for the $670.99M company. It was reported on Oct, 17 by Barchart.com. We have $9.34 PT which if reached, will make TSE:LUG worth $422.72M more.
LUNDIN GOLD INC (TSE:LUG) Ratings Coverage
Out of 4 analysts covering Lundin Gold (TSE:LUG), 4 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $7.50 is the highest target while $5 is the lowest. The $6.10 average target is 6.46% above today’s ($5.73) stock price. Lundin Gold has been the topic of 10 analyst reports since August 20, 2015 according to StockzIntelligence Inc. The company was initiated on Tuesday, December 8 by Haywood Securities. The company was maintained on Thursday, August 18 by Dundee Securities. RBC Capital Markets maintained the shares of LUG in a report on Tuesday, June 7 with “Outperform” rating. The firm earned “Outperform” rating on Thursday, December 10 by RBC Capital Markets. The stock of LUNDIN GOLD INC (TSE:LUG) has “Speculative Outperform” rating given on Thursday, August 20 by BMO Capital Markets.
More notable recent LUNDIN GOLD INC (TSE:LUG) news were published by: Marketwired.com which released: “Lundin Gold Announces Approval of Fruta del Norte Environmental Impact Study” on October 13, 2016, also Globenewswire.com with their article: “LUNDIN GOLD INC. REPORTS Q2 2016 RESULTS” published on July 29, 2016, Business.Financialpost.com published: “Lundin Gold Inc completes development agreement for Ecuador Fruta del Norte …” on January 14, 2016. More interesting news about LUNDIN GOLD INC (TSE:LUG) were released by: Marketwired.com and their article: “Lundin Gold Inc. Announces $82.5M Bought Deal Financing” published on June 27, 2016 as well as Business.Financialpost.com‘s news article titled: “Lundin family’s loan to Lundin Gold fills short-term funding gap” with publication date: June 09, 2016.
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