Lundin Gold Inc. (OTCMKTS:LUGDF) is seeing a significant decrease in short interest

Lundin Gold Inc. (OTCMKTS:LUGDF – Get Your Free Report ) saw a large drop in short interest during the month of September. As of September 15th, there was short interest totaling 1,534,500 shares, down 13.8% from the August 31st total of 1,780,900 shares. Based on an average daily volume of 45,900 shares, the days-to-cover ratio is currently 33.4 days.

Lundin Gold stock down 3.0%

Shares of OTCMKTS:LUGDF opened at $21.60 on Friday. Lundin Gold has a fifty-two week low of $10.24 and a fifty-two week high of $23.75. The company’s 50-day moving average price is $19.20 and its 200-day moving average price is $16.08.

Lundin Gold increases dividend

The company also recently disclosed a dividend, which was paid on Wednesday, September 25th. Stockholders of record on Wednesday, September 11th were given a dividend of $0.2002 per share. This represents a dividend yield of 3.99%. The ex-dividend date of this dividend was Tuesday, September 10th. This is an increase from Lundin Gold’s previous dividend of $0.10.

Lundin Gold Company Profile

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Lundin Gold Inc operates as a mining company in Canada. The Company owns interests in 28 metallic mineral concessions and three construction material concessions covering an area of ​​approximately 64,454 hectares located in southeastern Ecuador. It primarily holds 100% interests in the Fruta del Norte gold project, which comprises seven concessions covering an area of ​​approximately 5,566 hectares, located near the city of Loja in Ecuador.

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