LUG Stock Overview
Lundin Gold Inc. operates as a mining company in Canada.
Lundin Gold Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||CA$10.38|
|52 Week High||CA$12.73|
|52 Week Low||CA$7.80|
|1 Month Change||17.02%|
|3 Month Change||21.69%|
|1 Year Change||6.14%|
|3 Year Change||27.21%|
|5 Year Change||94.75%|
|Change since IPO||-81.16%|
Recent News & Updates
Here's Why Lundin Gold (TSE:LUG) Can Manage Its Debt Responsibly
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
We Like Lundin Gold's (TSE:LUG) Returns And Here's How They're Trending
If you're looking for a multi-bagger, there's a few things to keep an eye out for. Typically, we'll want to notice a...
|LUG||CA Metals and Mining||CA Market|
Return vs Industry: LUG exceeded the Canadian Metals and Mining industry which returned -6% over the past year.
Return vs Market: LUG exceeded the Canadian Market which returned -4% over the past year.
|LUG Average Weekly Movement||6.1%|
|Metals and Mining Industry Average Movement||11.8%|
|Market Average Movement||10.1%|
|10% most volatile stocks in CA Market||18.3%|
|10% least volatile stocks in CA Market||3.8%|
Stable Share Price: LUG is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: LUG's weekly volatility (6%) has been stable over the past year.
About the Company
Lundin Gold Inc. operates as a mining company in Canada. The company holds interests in 27 metallic mineral concessions and three construction material concessions covering an area of approximately 64,270 hectares located in Southeast Ecuador. It primary holds interests in the Fruta del Norte gold project comprising seven concessions covering an area of approximately 5,566 hectares located near the city of Loja in Ecuador.
Lundin Gold Fundamentals Summary
|LUG fundamental statistics|
Is LUG overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|LUG income statement (TTM)|
|Cost of Revenue||US$281.76m|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
Nov 08, 2022
|Earnings per share (EPS)||0.70|
|Net Profit Margin||21.34%|
How did LUG perform over the long term?See historical performance and comparison
5.2%Current Dividend Yield
Is LUG undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 4/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for LUG?
Other financial metrics that can be useful for relative valuation.
|What is LUG's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does LUG's PE Ratio compare to its peers?
|LUG PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
TFPM Triple Flag Precious Metals
SSRM SSR Mining
KNT K92 Mining
EDV Endeavour Mining
LUG Lundin Gold
Price-To-Earnings vs Peers: LUG is good value based on its Price-To-Earnings Ratio (10.9x) compared to the peer average (30.3x).
Price to Earnings Ratio vs Industry
How does LUG's PE Ratio compare vs other companies in the CA Metals and Mining Industry?
Price-To-Earnings vs Industry: LUG is expensive based on its Price-To-Earnings Ratio (10.9x) compared to the Canadian Metals and Mining industry average (9.5x)
Price to Earnings Ratio vs Fair Ratio
What is LUG's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||10.9x|
|Fair PE Ratio||7x|
Price-To-Earnings vs Fair Ratio: LUG is expensive based on its Price-To-Earnings Ratio (10.9x) compared to the estimated Fair Price-To-Earnings Ratio (7x).
Share Price vs Fair Value
What is the Fair Price of LUG when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: LUG (CA$10.38) is trading below our estimate of fair value (CA$21.62)
Significantly Below Fair Value: LUG is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.
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How is Lundin Gold forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LUG's earnings are forecast to decline over the next 3 years (-17.4% per year).
Earnings vs Market: LUG's earnings are forecast to decline over the next 3 years (-17.4% per year).
High Growth Earnings: LUG's earnings are forecast to decline over the next 3 years.
Revenue vs Market: LUG's revenue is expected to decline over the next 3 years (-3.1% per year).
High Growth Revenue: LUG's revenue is forecast to decline over the next 3 years (-3.1% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if LUG's Return on Equity is forecast to be high in 3 years time
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How has Lundin Gold performed over the past 5 years?
Past Performance Score3/6
Past Performance Score 3/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LUG has high quality earnings.
Growing Profit Margin: LUG's current net profit margins (21.3%) are lower than last year (24.5%).
Past Earnings Growth Analysis
Earnings Trend: LUG has become profitable over the past 5 years, growing earnings by 50.1% per year.
Accelerating Growth: LUG's earnings growth over the past year (1.3%) is below its 5-year average (50.1% per year).
Earnings vs Industry: LUG earnings growth over the past year (1.3%) exceeded the Metals and Mining industry -7.3%.
Return on Equity
High ROE: LUG's Return on Equity (18.1%) is considered low.
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How is Lundin Gold's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: LUG's short term assets ($569.3M) exceed its short term liabilities ($315.4M).
Long Term Liabilities: LUG's short term assets ($569.3M) exceed its long term liabilities ($438.4M).
Debt to Equity History and Analysis
Debt Level: LUG's net debt to equity ratio (37.9%) is considered satisfactory.
Reducing Debt: LUG's debt to equity ratio has increased from 67.5% to 70.9% over the past 5 years.
Debt Coverage: LUG's debt is well covered by operating cash flow (60.2%).
Interest Coverage: LUG's interest payments on its debt are well covered by EBIT (9.6x coverage).
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What is Lundin Gold current dividend yield, its reliability and sustainability?
Dividend Score 2/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|Lundin Gold Dividend Yield vs Market|
|Company (Lundin Gold)||5.2%|
|Market Bottom 25% (CA)||1.9%|
|Market Top 25% (CA)||5.9%|
|Industry Average (Metals and Mining)||2.5%|
|Analyst forecast in 3 Years (Lundin Gold)||3.9%|
Notable Dividend: LUG's dividend (5.23%) is higher than the bottom 25% of dividend payers in the Canadian market (1.95%).
High Dividend: LUG's dividend (5.23%) is low compared to the top 25% of dividend payers in the Canadian market (5.99%).
Stability and Growth of Payments
Stable Dividend: Too early to tell whether LUG's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if LUG's dividend payments are increasing as they only just started paying a dividend.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (28%), LUG's dividend payments are well covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ron Hochstein (61 yo)
Mr. Ronald F. Hochstein, also known as Ron, MBA, P.Eng., B.Sc. (Mineral Process Engineering), serves as an Independent Chairman of the Board of Directors of Denison Mines Corp. since May 2021. He serves as...
CEO Compensation Analysis
|Ron Hochstein's Compensation vs Lundin Gold Earnings|
|Date||Total Comp.||Salary||Company Earnings|
|Jun 30 2022||n/a||n/a|
|Mar 31 2022||n/a||n/a|
|Dec 31 2021||US$2m||US$535k|
|Sep 30 2021||n/a||n/a|
|Jun 30 2021||n/a||n/a|
|Mar 31 2021||n/a||n/a|
|Dec 31 2020||US$3m||US$499k|
|Sep 30 2020||n/a||n/a|
|Jun 30 2020||n/a||n/a|
|Mar 31 2020||n/a||n/a|
|Dec 31 2019||US$2m||US$505k|
|Sep 30 2019||n/a||n/a|
|Jun 30 2019||n/a||n/a|
|Mar 31 2019||n/a||n/a|
|Dec 31 2018||US$1m||US$464k|
|Sep 30 2018||n/a||n/a|
|Jun 30 2018||n/a||n/a|
|Mar 31 2018||n/a||n/a|
|Dec 31 2017||US$1m||US$358k|
|Sep 30 2017||n/a||n/a|
|Jun 30 2017||n/a||n/a|
|Mar 31 2017||n/a||n/a|
|Dec 31 2016||US$851k||US$302k|
|Sep 30 2016||n/a||n/a|
|Jun 30 2016||n/a||n/a|
|Mar 31 2016||n/a||n/a|
|Dec 31 2015||US$1m||US$274k|
Compensation vs Market: Ron's total compensation ($USD2.27M) is about average for companies of similar size in the Canadian market ($USD2.27M).
Compensation vs Earnings: Ron's compensation has been consistent with company performance over the past year.
Experienced Management: LUG's management team is seasoned and experienced (6.8 years average tenure).
Experienced Board: LUG's board of directors are considered experienced (5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: LUG insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
|20 Sep 22||BuyCA$155,856||Ronald Hochstein||Individual||16,235||CA$9.60|
|02 Sep 22||BuyCA$1,928,498||Lorito Holdings S.à R.L.||Company||220,000||CA$8.77|
|01 Sep 22||BuyCA$395,497||Jack O. Lundin||Individual||44,700||CA$8.85|
|31 Aug 22||BuyCA$1,590,936||Lorito Holdings S.à R.L.||Company||181,000||CA$8.79|
|19 May 22||BuyCA$4,485,831||Newcrest Mining Limited||Company||430,502||CA$10.42|
|13 May 22||BuyCA$2,290,797||Charles Ashley Heppenstall||Individual||235,800||CA$9.72|
|13 May 22||SellCA$2,290,797||Charles Ashley Heppenstall||Individual||235,800||CA$9.72|
|21 Mar 22||BuyCA$524,157||Newcrest Mining Limited||Company||46,758||CA$11.21|
|11 Mar 22||SellCA$254,150||Ian Gibbs||Individual||23,000||CA$11.05|
|04 Mar 22||SellCA$262,338||David Dicaire||Individual||25,000||CA$10.99|
|01 Mar 22||SellCA$303,536||David Dicaire||Individual||30,000||CA$10.22|
|24 Nov 21||BuyCA$2,408,409||Newcrest Mining Limited||Company||202,728||CA$11.88|
|Owner Type||Number of Shares||Ownership Percentage|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
Lundin Gold Inc.'s employee growth, exchange listings and data sources
- Name: Lundin Gold Inc.
- Ticker: LUG
- Exchange: TSX
- Founded: 1986
- Industry: Gold
- Sector: Materials
- Implied Market Cap: CA$2.441b
- Shares outstanding: 235.17m
- Website: https://www.lundingold.com
Number of Employees
- Lundin Gold Inc.
- 885 West Georgia Street
- Suite 2000
- British Columbia
- V6C 3E8
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|LUG||TSX (The Toronto Stock Exchange)||Yes||Common Shares||CA||CAD||Jan 1989|
|F1YN||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Jan 1989|
|LUGD.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Jan 1989|
|LUG||OM (OMX Nordic Exchange Stockholm)||Yes||Common Shares||SE||SEK||Jan 1989|
|0R4M||LSE (London Stock Exchange)||Yes||Common Shares||GB||SEK||Jan 1989|
|LUGS||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Common Shares||GB||SEK||Jan 1989|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/10/04 00:00|
|End of Day Share Price||2022/10/04 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.