Shares of Lundin Gold Inc. (OTCMKTS:LUGDF – Get Free Report) have been given a consensus recommendation of “Hold” by the six analysts that are covering the stock, MarketBeat reports. Five analysts have rated the stock with a hold rating and one has given a buy rating to the company.
Separately, UBS Group initiated coverage on shares of Lundin Gold in a research note on Thursday, May 28th. They set a “buy” rating on the stock.
Check Out Our Latest Stock Report on LUGDF
Lundin Gold Trading Down 1.2%
About Lundin Gold
Lundin Gold Inc is a Vancouver-based gold mining company focused on the acquisition, exploration, development and operation of gold properties in South America. The company’s flagship asset is the Fruta del Norte underground gold mine, located in the province of Zamora-Chinchipe in southeast Ecuador. Commencing commercial production in mid-2021, Fruta del Norte combines high-grade epithermal vein mineralization with a modern processing facility to produce gold doré bars for sale on international markets.
Historically, the Fruta del Norte deposit was first identified in 2006 and later became the cornerstone of Lundin Gold through corporate restructuring that established the company as an independent public entity in 2019.
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