The Non-Executive of Lundin Gold (FTMNF) is Buying Shares


Today, the Non-Executive of Lundin Gold (FTMNF), Craig Antony Jones, bought shares of FTMNF for $5.87M.

Following Craig Antony Jones’ last FTMNF Buy transaction on December 10, 2019, the stock climbed by 3.3%. Following this transaction Craig Antony Jones’ holding in the company was increased by 1% to a total of $661 million.

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Based on Lundin Gold’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $36.86 million and GAAP net loss of -$9,331,000. In comparison, last year the company earned revenue of $0 and had a GAAP net loss of $7.71 million. The company has a one-year high of $10.32 and a one-year low of $3.47.

Four different firms, including National Bank and BMO Capital, currently also have a Buy rating on the stock. Starting in April 2020, FTMNF received 4 Buy ratings in a row. Based on 5 analyst ratings, the analyst consensus is Strong Buy with an average price target of $9.00, reflecting a 2.3% upside.

The insider sentiment on Lundin Gold has been negative according to 40 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Craig Antony Jones’ trades have generated a 69.9% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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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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