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Lundin Gold ( (TSE:LUG) ) has shared an update.
Lundin Gold reported a record-breaking 2024 with production surpassing guidance at 502,029 ounces of gold and achieving significant financial metrics, including record revenues of $1,193 million and an adjusted EBITDA of $780 million. The company successfully became debt-free, increased its quarterly dividend, and highlighted the potential of its FDN project, anticipating continued strong cash flow and shareholder returns in 2025.
More about Lundin Gold
Lundin Gold Inc. operates in the mining industry, focusing on gold production. The company is known for its Fruta del Norte (FDN) project and specializes in low-cost gold production, contributing to its strong market presence.
YTD Price Performance: 19.98%
Average Trading Volume: 25,291
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $6.43B
For detailed information about LUG stock, go to TipRanks’ Stock Analysis page.
