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Lundin Gold ( (TSE:LUG) ) just unveiled an update.
Lundin Gold has announced successful exploration results from its Fruta del Norte mine in Ecuador, revealing an expanded copper-gold porphyry system at Trancaloma and a new discovery at Sandia. These findings highlight the potential for significant resource expansion, positioning Lundin Gold to enhance its market presence and offering promising implications for stakeholders.
The most recent analyst rating on (TSE:LUG) stock is a Hold with a C$89.00 price target. To see the full list of analyst forecasts on Lundin Gold stock, see the TSE:LUG Stock Forecast page.
More about Lundin Gold
Lundin Gold Inc. is a mining company operating in the gold industry, primarily focused on the exploration and development of gold and copper-gold deposits. The company is known for its Fruta del Norte gold mine in southeast Ecuador, and it is actively involved in expanding its mineral resource base through exploration activities.
Average Trading Volume: 920,912
Technical Sentiment Signal: Buy
Current Market Cap: C$15.68B
For an in-depth examination of LUG stock, go to TipRanks’ Overview page.