The Globe and Mail reports in its Tuesday, June 27, edition that Scotia Capital analyst Ovais Habib, calling Lundin Gold a "top-tier operator with high margin," has resumed coverage on the miner with a "sector perform" recommendation. The Globe's David Leeder writes that Mr. Habib continues to target the shares at $19. Analysts on average target the shares at $20.64. Mr. Habib says in a note: "Lundin Gold is an excellent operator that has consistently generated strong margins and cash flow since achieving commercial production and has continued to incorporate best practices and operational improvements at the FDN mine to maximize profitability. The company plans to continue to use its more than $300-million annual free cash flow at spot prices to pursue growth opportunities. ... Lundin Gold may seek to diversify its single-asset and above-average political jurisdictional risk through acquisition to minimize its 'single country, single asset' risk profile. We believe that Lundin Gold is an attractive and very profitable gold producer, run by a strong management team focused on advancing the company's production growth prospects and would be buyers on any significant pullback in the share price."