What Will Happen to LUNDIN GOLD INC Next? The Stock Just Declined A Lot

 What Will Happen to LUNDIN GOLD INC Next? The Stock Just Declined A Lot

The stock of LUNDIN GOLD INC (TSE:LUG) is a huge mover today! About 41,115 shares traded hands. LUNDIN GOLD INC (TSE:LUG) has declined 6.35% since April 8, 2016 and is downtrending. It has underperformed by 11.33% the S&P500.
The move comes after 5 months negative chart setup for the $647.70 million company. It was reported on Nov, 14 by Barchart.com. We have $4.86 PT which if reached, will make TSE:LUG worth $51.82 million less.

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. Lundin Gold has been the topic of 11 analyst reports since August 20, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating given on Tuesday, December 8 by Haywood Securities. The stock has “” rating given by Dundee Securities on Thursday, August 18. The firm has “Outperform” rating by Scotia Capital given on Monday, October 17. BMO Capital Markets initiated LUNDIN GOLD INC (TSE:LUG) rating on Thursday, August 20. BMO Capital Markets has “Speculative Outperform” rating and $5 price target. As per Tuesday, June 7, the company rating was maintained by RBC Capital Markets. RBC Capital Markets maintained LUNDIN GOLD INC (TSE:LUG) on Thursday, December 10 with “Outperform” rating.

More notable recent LUNDIN GOLD INC (TSE:LUG) news were published by: Marketwired.com which released: “Lundin Gold Inc. Reports Q3 2016 Results” on November 10, 2016, also Business.Financialpost.com with their article: “Lundin Gold Inc completes development agreement for Ecuador Fruta del Norte …” published on January 14, 2016, Marketwired.com published: “Lundin Gold Inc. Announces $82.5M Bought Deal Financing” on June 27, 2016. More interesting news about LUNDIN GOLD INC (TSE:LUG) were released by: Business.Financialpost.com and their article: “Lundin family’s loan to Lundin Gold fills short-term funding gap” published on June 09, 2016 as well as Theglobeandmail.com‘s news article titled: “Lundin Gold seeks funding for Ecuador project” with publication date: June 06, 2016.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Tags: , ,

Related posts

Leave a Comment