Lundin Gold (FTMNF) Receives a Hold from Kepler Capital

In a report released yesterday, Ola Soedermark from Kepler Capital maintained a Hold rating on Lundin Gold (FTMNF), with a price target of SEK90.00. The company’s shares closed last Monday at $9.04.

Currently, the analyst consensus on Lundin Gold is a Strong Buy with an average price target of $10.13.

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Based on Lundin Gold’s latest earnings release for the quarter ending December 31, the company reported a quarterly GAAP net loss of $40.77 million. In comparison, last year the company had a GAAP net loss of $23.49 million.

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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.

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