Lundin Gold (LUG) Receives a Hold from CIBC


The Materials sector company, Lundin Gold (TSX: LUG), 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$5.50 price target.

According to TipRanks.com, Haughton is ranked #4206 out of 4873 analysts.

Lundin Gold has an analyst consensus of Hold, with a price target consensus of C$5.50.

The company has a one-year high of C$5.57 and a one-year low of C$4.07. Currently, Lundin Gold has an average volume of 44.04K.

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$4.81.

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