The stock of LUNDIN GOLD INC (TSE:LUG) is a huge mover today! About 61,988 shares traded hands. LUNDIN GOLD INC (TSE:LUG) has declined 9.09% since April 27, 2016 and is downtrending. It has underperformed by 15.02% the S&P500.
The move comes after 8 months negative chart setup for the $617.16M company. It was reported on Dec, 1 by Barchart.com. We have $4.69 PT which if reached, will make TSE:LUG worth $37.03M 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 rating was initiated by Haywood Securities with “Buy” on Tuesday, December 8. The firm has “Outperform” rating given on Monday, October 17 by Scotia Capital. The firm earned “Speculative Outperform” rating on Thursday, August 20 by BMO Capital Markets. RBC Capital Markets maintained LUNDIN GOLD INC (TSE:LUG) on Tuesday, June 7 with “Outperform” rating. Dundee Securities maintained the shares of LUG in a report on Thursday, August 18 with “” rating. The company was maintained on Thursday, December 10 by RBC Capital Markets.
More recent LUNDIN GOLD INC (TSE:LUG) news were published by: Business.Financialpost.com which released: “Lundin Gold Inc completes development agreement for Ecuador Fruta del Norte …” on January 14, 2016. Also Business.Financialpost.com published the news titled: “Lundin family’s loan to Lundin Gold fills short-term funding gap” on June 09, 2016. Marketwired.com‘s news article titled: “Lundin Gold Inc. Announces $82.5M Bought Deal Financing” with publication date: June 27, 2016 was also an interesting one.
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