Lundin Gold (LUG) Gets a Hold Rating from CIBC


Lundin Gold (TSX: LUG), the Materials sector company, has received a rating update from a Wall Street analyst today. Analyst David Haughton from CIBC rated Lundin Gold (TSX: LUG) a Hold, setting a C$6 price target.

According to TipRanks.com, Haughton is ranked #4209 out of 4875 analysts.

Lundin Gold has an analyst consensus of Hold, with a price target consensus of C$6.

Lundin Gold’s market cap is currently C$1.04B and has a P/E ratio of 0. The company has a Price to Book ratio of 1.31.

Lundin Gold, Inc. is a natural resource mining company, which engages in the acquisition, exploration, and development of gold, base, and precious metal properties. It focuses on the operation of Fruta del Norte project. The company was founded on July 25, 1986 and is headquartered in Vancouver, Canada.

The company’s shares closed on Thursday at C$5.

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