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Lundin Gold
(TSX:LUG)
Lundin Gold (LUG) vs. iShares MSCI Canada ETF (EWC)
Lundin Gold Business Overview & Revenue Model
Lundin Gold Earnings Call Summary
Lundin Gold Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.32B | 1.19B | 902.52M | 815.67M | 733.33M | 358.16M |
| Gross Profit | 823.70M | 703.39M | 435.18M | 369.75M | 355.71M | 172.39M |
| EBITDA | 899.82M | 1.01B | 439.42M | 337.92M | 398.85M | 28.98M |
| Net Income | 537.65M | 426.05M | 179.46M | 73.56M | 221.43M | -47.16M |
Balance Sheet | ||||||
| Total Assets | 1.61B | 1.53B | 1.47B | 1.67B | 1.69B | 1.51B |
| Cash, Cash Equivalents and Short-Term Investments | 451.74M | 349.20M | 268.02M | 363.40M | 262.61M | 79.59M |
| Total Debt | 0.00 | 0.00 | 216.62M | 639.53M | 712.94M | 706.57M |
| Total Liabilities | 311.39M | 311.18M | 512.40M | 816.78M | 870.64M | 918.50M |
| Stockholders Equity | 1.30B | 1.22B | 955.81M | 852.08M | 814.48M | 586.86M |
Cash Flow | ||||||
| Free Cash Flow | 740.03M | 662.39M | 471.16M | 372.13M | 360.76M | 54.88M |
| Operating Cash Flow | 748.78M | 662.39M | 519.39M | 426.14M | 417.75M | 113.64M |
| Investing Cash Flow | -103.39M | -93.50M | -53.48M | -60.07M | -63.11M | -79.64M |
| Financing Cash Flow | -517.48M | -487.49M | -561.23M | -264.10M | -171.43M | -27.77M |
Lundin Gold Technical Analysis
Lundin Gold Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
80 Outperform | $5.58B | 4.93 | 28.42% | ― | 69.19% | 417.02% | |
78 Outperform | $16.29B | 21.62 | 47.31% | 4.69% | 34.41% | 139.62% | |
78 Outperform | $5.60B | 12.22 | 8.91% | ― | 41.46% | 187.54% | |
76 Outperform | $6.38B | ― | -17.61% | 2.97% | 5.97% | -1677.31% | |
76 Outperform | C$9.91B | ― | -3.12% | 3.84% | 59.60% | -74.74% | |
72 Outperform | $14.76B | 40.78 | 7.85% | 0.52% | 37.83% | 24.13% | |
44 Neutral | C$953.01M | -6.70 | -13.31% | 2.75% | 17.55% | -32.28% |
Lundin Gold Corporate Events
Lundin Gold Inc. announced an update on its share capital and voting rights following the exercise of stock options, resulting in 240,851,709 common shares issued and outstanding as of April 30, 2025. This update is relevant for shareholders in calculating their interest under the Swedish Financial Instruments Trading Act, potentially impacting their disclosure obligations regarding major shareholdings.
Spark’s Take on TSE:LUG Stock
According to Spark, TipRanks’ AI Analyst, TSE:LUG is a Outperform.
Lundin Gold’s strong financial performance, highlighted by impressive revenue growth, debt elimination, and robust cash flow generation, is the most significant factor driving its stock score. The positive sentiment from the earnings call further supports the company’s strong positioning, despite some operational challenges in Ecuador. Technical analysis indicates a strong upward trend, while the fair valuation and attractive dividend yield add to the stock’s appeal.
To see Spark’s full report on TSE:LUG stock, click here.
Lundin Gold has released its 2024 Sustainability Report, highlighting significant achievements in its 5-Year Sustainability Strategy, including zero significant safety incidents, low greenhouse gas emissions, and surpassing targets in water reduction, land reclamation, and waste management. The report underscores Lundin Gold’s dedication to sustainable practices and community engagement, contributing to local economic growth and educational support, while aligning with global sustainability standards.
Spark’s Take on TSE:LUG Stock
According to Spark, TipRanks’ AI Analyst, TSE:LUG is a Outperform.
Lundin Gold’s strong financial performance, highlighted by impressive revenue growth, debt elimination, and robust cash flow generation, is the most significant factor driving its stock score. The positive sentiment from the earnings call further supports the company’s strong positioning, despite some operational challenges in Ecuador. Technical analysis indicates a strong upward trend, while the fair valuation and attractive dividend yield add to the stock’s appeal.
To see Spark’s full report on TSE:LUG stock, click here.
Lundin Gold reported a strong start to 2025 with a first-quarter gold production of 117,313 ounces from its Fruta del Norte mine, marking an increase from the same period in 2024. The successful completion of the Plant Expansion Project and strategic mine resequencing contributed to higher production and improved mill head grade, positioning the company well for the year ahead. The company also benefited from rising gold prices, which positively impacted the average realized gold price for the quarter.
Spark’s Take on TSE:LUG Stock
According to Spark, TipRanks’ AI Analyst, TSE:LUG is a Outperform.
Lundin Gold’s strong financial performance, marked by impressive revenue growth, robust balance sheet, and excellent cash flow management, significantly boosts its stock score. The technical indicators support a positive trend, although caution is advised due to potentially overbought conditions. The fair valuation, combined with an attractive dividend yield, adds to the stock’s appeal. Positivity from the earnings call further bolsters the score, despite some operational challenges in Ecuador. Overall, the company is well-positioned for future growth.
To see Spark’s full report on TSE:LUG stock, click here.
Lundin Gold Inc. has announced its Annual Meeting of Shareholders scheduled for May 9, 2025, in Vancouver and online. The meeting will address several key issues, including financial statements, auditor reappointment, director elections, executive compensation, and amendments to the equity compensation plan. This meeting is crucial for stakeholders as it outlines the company’s strategic directions and governance practices, impacting its operational and financial future.
Lundin Gold Inc. has updated its share capital and voting rights, announcing that it now has 240,725,793 common shares issued and outstanding as of March 31, 2025. This update follows the exercise of stock options and anti-dilution rights by its largest shareholder, impacting how shareholders calculate their interest under Swedish transparency rules.
Lundin Gold Inc. announced an update on its share capital and voting rights following the exercise of stock options, resulting in 240,633,086 common shares issued and outstanding as of February 28, 2025. This update is significant for shareholders as it affects the calculation of their shareholding interests under Swedish transparency rules, impacting their disclosure obligations.
Lundin Gold Inc. has reported significant drilling results at its Fruta del Norte gold mine in Ecuador, with high-grade gold discoveries at the FDN South deposit and promising early-stage results at both FDN East and the newly explored Trancaloma target. These findings suggest potential for resource expansion at FDN South, continuity of mineralization at FDN East, and new copper-gold mineralization at Trancaloma, highlighting the company’s continued exploration success and future growth potential.
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.
Lundin Gold Inc. has announced a significant increase in its Mineral Reserves and Resources at the Fruta del Norte (FDN) gold mine as of December 31, 2024. The company reported the highest ever published estimates for contained gold ounces at FDN, with Inferred Resources increasing by 59% to 2.36 million ounces and Measured and Indicated Resources rising to 7.06 million ounces. Proven and Probable Reserves also grew to 5.54 million ounces, despite mining depletion of 0.54 million ounces. The substantial growth is attributed to successful near-mine exploration, particularly at FDN South, and the company is optimistic about further resource expansion and exploration opportunities in 2025.