Lundin Gold Inc.

TSX:LUG Stock Report

Market Cap: CA$8.8b

Lundin Gold Management

Management criteria checks 4/4

Lundin Gold's CEO is Ron Hochstein, appointed in Dec 2014, has a tenure of 10.08 years. total yearly compensation is $2.40M, comprised of 23.2% salary and 76.8% bonuses, including company stock and options. directly owns 0.34% of the company’s shares, worth CA$29.41M. The average tenure of the management team and the board of directors is 2.3 years and 3.6 years respectively.

Key information

Ron Hochstein

Chief executive officer

US$2.4m

Total compensation

CEO salary percentage23.2%
CEO tenure10.1yrs
CEO ownership0.3%
Management average tenure2.3yrs
Board average tenure3.6yrs

Recent management updates

Recent updates

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

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

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

CEO Compensation Analysis

How has Ron Hochstein's remuneration changed compared to Lundin Gold's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$308m

Jun 30 2024n/an/a

US$226m

Mar 31 2024n/an/a

US$170m

Dec 31 2023US$2mUS$555k

US$179m

Sep 30 2023n/an/a

US$100m

Jun 30 2023n/an/a

US$109m

Mar 31 2023n/an/a

US$102m

Dec 31 2022US$2mUS$550k

US$74m

Sep 30 2022n/an/a

US$171m

Jun 30 2022n/an/a

US$165m

Mar 31 2022n/an/a

US$159m

Dec 31 2021US$2mUS$535k

US$221m

Sep 30 2021n/an/a

US$191m

Jun 30 2021n/an/a

US$163m

Mar 31 2021n/an/a

US$48m

Dec 31 2020US$3mUS$499k

-US$47m

Sep 30 2020n/an/a

-US$87m

Jun 30 2020n/an/a

-US$154m

Mar 31 2020n/an/a

-US$121m

Dec 31 2019US$2mUS$505k

-US$119m

Sep 30 2019n/an/a

-US$102m

Jun 30 2019n/an/a

-US$55m

Mar 31 2019n/an/a

-US$4m

Dec 31 2018US$1mUS$464k

-US$22m

Compensation vs Market: Ron's total compensation ($USD2.40M) is below average for companies of similar size in the Canadian market ($USD4.17M).

Compensation vs Earnings: Ron's compensation has been consistent with company performance over the past year.

CEO

Ron Hochstein (63 yo)

10.1yrs

Tenure

US$2,397,190

Compensation

Mr. Ronald F. Hochstein, also known as Ron, MBA, P.Eng. B.Sc. (Mineral Process Engineering), is Independent Director of Montage Gold Corp. from February 23, 2024 and serves as its Chairman since June 06, 2...

Leadership Team

NamePositionTenureCompensationOwnership
Ronald Hochstein
President10.1yrsUS$2.40m0.34%
CA$ 29.4m
Terrence F. Smith
Chief Operating Officer1.8yrsUS$1.09mno data
Sheila Colman
VP of Legal & Sustainability and Corporate Secretary9.9yrsUS$810.55k0.015%
CA$ 1.4m
Chester See
Senior Vice President of Finance1.5yrsUS$971.71k0.064%
CA$ 5.6m
Andre Oliveira
Vice President of Exploration2.8yrsUS$619.07kno data
Brendan Creaney
Vice President of Corporate Development & Investor Relationsless than a yearno datano data

2.3yrs

Average Tenure

Experienced Management: LUG's management team is considered experienced (2.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Ronald Hochstein
President20.6yrsUS$2.40m0.34%
CA$ 29.4m
Charles Ashley Heppenstall
Independent Lead Director9.7yrsUS$190.74k0.23%
CA$ 20.2m
Ian Gibbs
Independent Director20yrsUS$172.31k0.063%
CA$ 5.5m
Carmel Daniele
Independent Director10yrsUS$146.00k0.0084%
CA$ 738.1k
Angelina Mehta
Independent Director1.7yrsUS$126.88kno data
Gillian Davidson
Independent Director3.6yrsUS$155.26k0.0037%
CA$ 320.4k
Jack O. Lundin
Independent Chairman2.7yrsUS$205.75k0.064%
CA$ 5.6m
Scott Langley
Director1.2yrsno datano data
Melissa Harmon
Director1.2yrsno datano data

3.6yrs

Average Tenure

53yo

Average Age

Experienced Board: LUG's board of directors are considered experienced (3.6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/31 07:07
End of Day Share Price 2025/01/31 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

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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 30 analysts. 9 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