Here are updates on two of your buys: Lundin Gold & Disney

Article Excerpt

Long-time readers know that we aim to keep you informed of important news about the stocks we cover. That means highlighting developments and plans that promise to bolster investor gains. Here are two buys that stand out this month: LUNDIN GOLD, $23.41, is a buy. The miner (Toronto symbol LUG; TSINetwork Rating: Speculative) (www.lundingold.com; Shares outstanding: 239.6 million; Market cap: $5.6 billion; Dividend yield: 2.3%) owns and operates the Fruta del Norte mine in Ecuador. The company continues to post higher gold production. Lundin has just reported gold production of 133,062 ounces in the second quarter of 2024 from Fruta del Norte. That was up 2.8%, from 129,731 ounces a year earlier. Of the total quarterly gold production, 83,910 ounces were produced as a concentrate and 49,152 ounces as doré. (A doré bar is a semi-pure alloy of gold and silver. It is usually created at the site of a mine and then transported to a refinery for further purification.) All in all, the company’s shares give you…