Lundin Gold Inc. (OTCMKTS:LUGDF) Short Interest Up 38.2% in February

Lundin Gold Inc. (OTCMKTS:LUGDF) was the recipient of a large increase in short interest in February. As of February 15th, there was short interest totalling 3,148,400 shares, an increase of 38.2% from the January 31st total of 2,278,800 shares. Based on an average trading volume of 37,700 shares, the short-interest ratio is currently 83.5 days.

Lundin Gold Stock Performance

Lundin Gold stock traded down C$0.15 during midday trading on Tuesday, reaching C$26.59. 84,419 shares of the stock traded hands, compared to its average volume of 26,244. The company has a 50-day simple moving average of C$24.79 and a two-hundred day simple moving average of C$23.23. Lundin Gold has a 12-month low of C$12.45 and a 12-month high of C$29.11.

About Lundin Gold

Lundin Gold Inc operates as a mining company in Canada. The company holds interests in 28 metallic mineral concessions and three construction material concessions covering an area of approximately 64,454 hectares located in Southeast Ecuador. It primary holds 100% interests in the Fruta del Norte gold project that comprising seven concessions covering an area of approximately 5,566 hectares located near the city of Loja in Ecuador.