Lundin Gold Inc. (OTCMKTS:LUGDF) Short Interest Update

Lundin Gold Inc. (OTCMKTS:LUGDF) was the recipient of a significant growth in short interest during the month of February. As of February 15th, there was short interest totalling 3,148,400 shares, a growth of 38.2% from the January 31st total of 2,278,800 shares. Based on an average daily trading volume, of 37,700 shares, the days-to-cover ratio is presently 83.5 days.

Lundin Gold Stock Performance

Shares of OTCMKTS:LUGDF traded down C$0.15 during midday trading on Wednesday, hitting C$26.59. The company’s stock had a trading volume of 84,419 shares, compared to its average volume of 26,244. The business’s 50 day simple moving average is C$24.89 and its 200 day simple moving average is C$23.29. Lundin Gold has a 12-month low of C$12.45 and a 12-month high of C$29.11.

Lundin Gold Company Profile

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.