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Lundin Gold TSX:LUG Stock Report

Last Price

CA$31.19

Market Cap

CA$7.4b

7D

-0.6%

1Y

82.4%

Updated

20 Dec, 2024

Data

Company Financials +

Lundin Gold Inc.

TSX:LUG Stock Report

Market Cap: CA$7.4b

LUG Stock Overview

Operates as a mining company in Canada. More details

LUG fundamental analysis
Snowflake Score
Valuation3/6
Future Growth5/6
Past Performance5/6
Financial Health6/6
Dividends3/6

Rewards

Trading at 45.7% below our estimate of its fair value

Earnings are forecast to grow 23.48% per year

Earnings grew by 207.5% over the past year

Risk Analysis

Large one-off items impacting financial results


My Notes

Capture your thoughts, links and company narrative

Lundin Gold Inc. Competitors

Alamos Gold

TSX:AGI

CA$10.9b

Eldorado Gold

TSX:ELD

CA$4.4b

IAMGOLD

TSX:IMG

CA$4.2b

Equinox Gold

TSX:EQX

CA$3.3b

Price History & Performance

Summary of share price highs, lows and changes for Lundin Gold
Historical stock prices
Current Share PriceCA$31.19
52 Week HighCA$35.89
52 Week LowCA$14.23
Beta1.2
1 Month Change-3.50%
3 Month Change3.93%
1 Year Change82.40%
3 Year Change215.05%
5 Year Change291.34%
Change since IPO52.00%

Recent News & Updates

Is Now The Time To Put Lundin Gold (TSE:LUG) On Your Watchlist?

Dec 10
Is Now The Time To Put Lundin Gold (TSE:LUG) On Your Watchlist?

Shareholders Can Be Confident That Lundin Gold's (TSE:LUG) Earnings Are High Quality

Nov 15
Shareholders Can Be Confident That Lundin Gold's (TSE:LUG) Earnings Are High Quality

Recent updates

Is Now The Time To Put Lundin Gold (TSE:LUG) On Your Watchlist?

Dec 10
Is Now The Time To Put Lundin Gold (TSE:LUG) On Your Watchlist?

Shareholders Can Be Confident That Lundin Gold's (TSE:LUG) Earnings Are High Quality

Nov 15
Shareholders Can Be Confident That Lundin Gold's (TSE:LUG) Earnings Are High Quality

Why Investors Shouldn't Be Surprised By Lundin Gold Inc.'s (TSE:LUG) P/E

Nov 07
Why Investors Shouldn't Be Surprised By Lundin Gold Inc.'s (TSE:LUG) P/E

Does Lundin Gold (TSE:LUG) Have A Healthy Balance Sheet?

Sep 23
Does Lundin Gold (TSE:LUG) Have A Healthy Balance Sheet?

A Look At The Fair Value Of Lundin Gold Inc. (TSE:LUG)

Sep 09
A Look At The Fair Value Of Lundin Gold Inc. (TSE:LUG)

Lundin Gold (TSE:LUG) Has Announced That It Will Be Increasing Its Dividend To $0.20

Aug 12
Lundin Gold (TSE:LUG) Has Announced That It Will Be Increasing Its Dividend To $0.20

Lundin Gold Inc. (TSE:LUG) Not Flying Under The Radar

Aug 09
Lundin Gold Inc. (TSE:LUG) Not Flying Under The Radar

The Trend Of High Returns At Lundin Gold (TSE:LUG) Has Us Very Interested

Jul 25
The Trend Of High Returns At Lundin Gold (TSE:LUG) Has Us Very Interested

Does Lundin Gold (TSE:LUG) Have A Healthy Balance Sheet?

Jun 10
Does Lundin Gold (TSE:LUG) Have A Healthy Balance Sheet?

Analyst Estimates: Here's What Brokers Think Of Lundin Gold Inc. (TSE:LUG) After Its First-Quarter Report

May 12
Analyst Estimates: Here's What Brokers Think Of Lundin Gold Inc. (TSE:LUG) After Its First-Quarter Report

A Look At The Intrinsic Value Of Lundin Gold Inc. (TSE:LUG)

May 03
A Look At The Intrinsic Value Of Lundin Gold Inc. (TSE:LUG)

Shareholders Would Enjoy A Repeat Of Lundin Gold's (TSE:LUG) Recent Growth In Returns

Apr 21
Shareholders Would Enjoy A Repeat Of Lundin Gold's (TSE:LUG) Recent Growth In Returns

Does Lundin Gold (TSE:LUG) Deserve A Spot On Your Watchlist?

Mar 25
Does Lundin Gold (TSE:LUG) Deserve A Spot On Your Watchlist?

Lundin Gold (TSE:LUG) Has Announced A Dividend Of $0.1348

Feb 29
Lundin Gold (TSE:LUG) Has Announced A Dividend Of $0.1348

Lundin Gold (TSE:LUG) Seems To Use Debt Rather Sparingly

Feb 22
Lundin Gold (TSE:LUG) Seems To Use Debt Rather Sparingly

Investors Interested In Lundin Gold Inc.'s (TSE:LUG) Earnings

Jan 25
Investors Interested In Lundin Gold Inc.'s (TSE:LUG) Earnings

Shareholder Returns

LUGCA Metals and MiningCA Market
7D-0.6%-4.1%-2.6%
1Y82.4%16.6%15.2%

Return vs Industry: LUG exceeded the Canadian Metals and Mining industry which returned 15.7% over the past year.

Return vs Market: LUG exceeded the Canadian Market which returned 15% over the past year.

Price Volatility

Is LUG's price volatile compared to industry and market?
LUG volatility
LUG Average Weekly Movement4.9%
Metals and Mining Industry Average Movement10.1%
Market Average Movement8.1%
10% most volatile stocks in CA Market17.3%
10% least volatile stocks in CA Market2.9%

Stable Share Price: LUG has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: LUG's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1986n/aRon Hochsteinwww.lundingold.com

Lundin Gold Inc. operates as a mining company in Canada. The company holds interests in 28 metallic mineral concessions and three construction material concessions covering an area of approximately 64,454 hectares located in Southeast Ecuador. It primary holds 100% interests in the Fruta del Norte gold project that comprising seven concessions covering an area of approximately 5,566 hectares located near the city of Loja in Ecuador.

Lundin Gold Inc. Fundamentals Summary

How do Lundin Gold's earnings and revenue compare to its market cap?
LUG fundamental statistics
Market capCA$7.42b
Earnings (TTM)CA$442.56m
Revenue (TTM)CA$1.50b

16.9x

P/E Ratio

5.0x

P/S Ratio

Is LUG overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
LUG income statement (TTM)
RevenueUS$1.04b
Cost of RevenueUS$341.17m
Gross ProfitUS$700.78m
Other ExpensesUS$392.82m
EarningsUS$307.97m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.28
Gross Margin67.26%
Net Profit Margin29.56%
Debt/Equity Ratio0%

How did LUG perform over the long term?

See historical performance and comparison

Dividends

3.6%

Current Dividend Yield

39%

Payout Ratio

Does LUG pay a reliable dividends?

See LUG dividend history and benchmarks
When do you need to buy LUG by to receive an upcoming dividend?
Lundin Gold dividend dates
Ex Dividend DateDec 05 2024
Dividend Pay DateDec 20 2024
Days until Ex dividend16 days
Days until Dividend pay date1 day

Does LUG pay a reliable dividends?

See LUG dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 09:03
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Lundin Gold Inc. is covered by 34 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Brian QuastBMO Capital Markets Equity Research
Carey MacRuryCanaccord Genuity
Anita SoniCIBC Capital Markets