Lundin Gold Inc.

TSX:LUG Stock Report

Market Cap: CA$26.9b

Lundin Gold Balance Sheet Health

Financial Health criteria checks 6/6

Lundin Gold has a total shareholder equity of $1.3B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $1.6B and $317.0M respectively. Lundin Gold's EBIT is $960.1M making its interest coverage ratio -48.8. It has cash and short-term investments of $494.4M.

Key information

0%

Debt to equity ratio

US$0

Debt

Interest coverage ratio-48.8x
CashUS$494.37m
EquityUS$1.32b
Total liabilitiesUS$317.01m
Total assetsUS$1.64b

Recent financial health updates

No updates

Recent updates

Why Investors Shouldn't Be Surprised By Lundin Gold Inc.'s (TSE:LUG) 28% Share Price Surge

Oct 17
Why Investors Shouldn't Be Surprised By Lundin Gold Inc.'s (TSE:LUG) 28% Share Price Surge

Lundin Gold Inc.'s (TSE:LUG) 26% Price Boost Is Out Of Tune With Earnings

Aug 19
Lundin Gold Inc.'s (TSE:LUG) 26% Price Boost Is Out Of Tune With Earnings

The Strong Earnings Posted By Lundin Gold (TSE:LUG) Are A Good Indication Of The Strength Of The Business

Aug 16
The Strong Earnings Posted By Lundin Gold (TSE:LUG) Are A Good Indication Of The Strength Of The Business

Here's Why Lundin Gold Inc.'s (TSE:LUG) CEO May Deserve A Raise

May 02
Here's Why Lundin Gold Inc.'s (TSE:LUG) CEO May Deserve A Raise

There's Reason For Concern Over Lundin Gold Inc.'s (TSE:LUG) Massive 33% Price Jump

Apr 17
There's Reason For Concern Over Lundin Gold Inc.'s (TSE:LUG) Massive 33% Price Jump

If EPS Growth Is Important To You, Lundin Gold (TSE:LUG) Presents An Opportunity

Mar 26
If EPS Growth Is Important To You, Lundin Gold (TSE:LUG) Presents An Opportunity

Lundin Gold (TSE:LUG) Is Increasing Its Dividend To $0.43

Feb 27
Lundin Gold (TSE:LUG) Is Increasing Its Dividend To $0.43

Returns On Capital Are A Standout For Lundin Gold (TSE:LUG)

Feb 19
Returns On Capital Are A Standout For Lundin Gold (TSE:LUG)
User avatar

Plant Expansion And New Jameson Cells Will Improve Gold Recovery Rates

Exploration and plant upgrades could enhance production efficiency and boost future revenues through higher reserves and improved recovery rates.

Lundin Gold Inc.'s (TSE:LUG) P/E Is Still On The Mark Following 29% Share Price Bounce

Feb 06
Lundin Gold Inc.'s (TSE:LUG) P/E Is Still On The Mark Following 29% Share Price Bounce

Are Investors Undervaluing Lundin Gold Inc. (TSE:LUG) By 47%?

Jan 10
Are Investors Undervaluing Lundin Gold Inc. (TSE:LUG) By 47%?

Financial Position Analysis

Short Term Liabilities: LUG's short term assets ($835.8M) exceed its short term liabilities ($259.0M).

Long Term Liabilities: LUG's short term assets ($835.8M) exceed its long term liabilities ($58.0M).

Debt to Equity History and Analysis

Debt Level: LUG is debt free.

Reducing Debt: LUG has no debt compared to 5 years ago when its debt to equity ratio was 135.6%.

Debt Coverage: LUG has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: LUG has no debt, therefore coverage of interest payments is not a concern.

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/12/15 20:07
End of Day Share Price 2025/12/12 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

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.

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 Github.

Analyst Sources

Lundin Gold Inc. is covered by 30 analysts. 10 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
Jeremy HoyCanaccord Genuity
Carey MacRuryCanaccord Genuity