TSX:LUGMetals and Mining
Lundin Gold (TSX:LUG): Assessing Valuation Following Record Q2 Earnings and Dividend Growth
Lundin Gold (TSX:LUG) just delivered a quarter that is likely to attract investor attention. The company’s latest results revealed record second-quarter earnings, with significant jumps in revenue, net income, and free cash flow. This performance was driven by strong results at the Fruta del Norte mine. In addition, Lundin Gold’s dividend policy provides shareholders with both a steady fixed payout and a variable component that increases alongside free cash flow. This structure may appeal to...