Lundin Gold Inc (LUG) Insider Buys C$57,000.00 in Stock
Lundin Gold Inc (TSE:LUG) insider Alessandro Bitelli purchased 10,000 shares of the stock in a transaction that occurred on Thursday, June 15th. The shares were purchased at an average price of C$5.70 per share, with a total value of C$57,000.00.
Lundin Gold Inc (LUG) traded down 3.44% during midday trading on Monday, reaching $5.62. 50,315 shares of the company were exchanged. Lundin Gold Inc has a 52 week low of $4.94 and a 52 week high of $6.62. The firm’s market capitalization is $667.76 million. The company has a 50-day moving average of $6.01 and a 200 day moving average of $5.76.
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A number of research firms recently commented on LUG. BMO Capital Markets reiterated an “outperform” rating and set a C$7.50 price target on shares of Lundin Gold in a report on Wednesday, May 31st. Scotiabank reiterated an “outperform” rating and set a C$7.00 price target on shares of Lundin Gold in a report on Friday, March 3rd.
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