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Tariff war pressures markets for the weekMost Anticipated Earnings: NTR-T, ONEX-T and more Canadian Companies Reporting Earnings this Week (Feb 17-21)Weekly 52-Week Low (or 52-Week High): BB-T, AEM-T, DOO-T, TSU-T and More 52-Week Highs and Lows (Jan 29-Feb 04)This summary was created by AI, based on 1 opinions in the last 12 months.
Lundin Gold Inc. (LUG-T) is currently receiving strong recommendations from experts, with many categorizing it as a highly ranked stock that is performing exceptionally well within the market. The stock is experiencing a robust uptrend, indicating positive momentum, while the Relative Strength Index (RSI) is also reflecting favorable conditions. Moreover, as the price of gold consolidates around the $3000 mark, Lundin Gold's performance is being positively influenced by the upward trend in gold prices. Investors appear to have a bullish outlook on this stock, drawing attention to its potential for growth alongside the commodities market. Overall, the company is positioned favorably within the financial landscape, suggesting ongoing investor confidence and market strength.
A gold developer in Ecuador. Their project is 7 million ounces, 8-9 g per ton, so a very high grade underground development. It appears that they have the backing of the government to go ahead now, and there is nothing you can find bad with the assets. Where he struggles to find value is that they are developing an asset in a country that doesn’t have much modern mining in an area that is relatively infrastructure poor. There is going to be a period where they are spending capital for 2-3 years, which tends to be a time when gold stocks don’t do much. It is 17% IRR. There are other gold developers he would be looking at, giving a better rate of return.
Lundin Gold Inc. is a OTC stock, trading under the symbol LUG-T on the (). It is usually referred to as or LUG-T
In the last year, 1 stock analyst published opinions about LUG-T. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Lundin Gold Inc..
Lundin Gold Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for Lundin Gold Inc..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered Lundin Gold Inc. In the last year. It is a trending stock that is worth watching.
On , Lundin Gold Inc. (LUG-T) stock closed at a price of $.
Highly ranked stock acting extremely well. RSI doing well. Stock's currently in an uptrend, and gold is trending upward. Gold is consolidating around $3000.