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$10.41|
|52 Week High||CA$12.93|
|52 Week Low||CA$9.11|
|1 Month Change||-8.12%|
|3 Month Change||-7.71%|
|1 Year Change||-12.59%|
|3 Year Change||117.33%|
|5 Year Change||93.14%|
|Change since IPO||-81.10%|
Recent News & Updates
Here's Why Lundin Gold (TSE:LUG) Can Manage Its Debt Responsibly
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
A Look At The Intrinsic Value Of Lundin Gold Inc. (TSE:LUG)
Does the September share price for Lundin Gold Inc. ( TSE:LUG ) reflect what it's really worth? Today, we will estimate...
|LUG||CA Metals and Mining||CA Market|
Return vs Industry: LUG underperformed the Canadian Metals and Mining industry which returned 5.6% over the past year.
Return vs Market: LUG underperformed the Canadian Market which returned 21.9% over the past year.
|LUG Average Weekly Movement||5.3%|
|Metals and Mining Industry Average Movement||10.7%|
|Market Average Movement||9.4%|
|10% most volatile stocks in CA Market||17.1%|
|10% least volatile stocks in CA Market||3.5%|
Stable Share Price: LUG is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: LUG's weekly volatility (5%) 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 29 metallic mineral concessions and three materials concessions covering an area of approximately 64,609 hectares located in Southeast Ecuador. It primary holds interests in the Fruta del Norte gold project that comprises 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$273.23m|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.82|
|Net Profit Margin||26.00%|
How did LUG perform over the long term?See historical performance and comparison
Is Lundin Gold undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: LUG (CA$10.06) is trading below our estimate of fair value (CA$14.17)
Significantly Below Fair Value: LUG is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: LUG is good value based on its PE Ratio (9.6x) compared to the Canadian Metals and Mining industry average (9.8x).
PE vs Market: LUG is good value based on its PE Ratio (9.6x) compared to the Canadian market (12.6x).
Price to Earnings Growth Ratio
PEG Ratio: LUG's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: LUG is good value based on its PB Ratio (2.3x) compared to the CA Metals and Mining industry average (2.4x).
How is Lundin Gold forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
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 (-31.7% per year).
Earnings vs Market: LUG's earnings are forecast to decline over the next 3 years (-31.7% 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 (-6.9% per year).
High Growth Revenue: LUG's revenue is forecast to decline over the next 3 years (-6.9% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: LUG's Return on Equity is forecast to be low in 3 years time (7.9%).
How has Lundin Gold performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LUG has high quality earnings.
Growing Profit Margin: LUG became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: LUG has become profitable over the past 5 years, growing earnings by 26.8% per year.
Accelerating Growth: LUG has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: LUG has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (126.9%).
Return on Equity
High ROE: LUG's Return on Equity (24.4%) is considered high.
How is Lundin Gold's financial position?
Financial Position Analysis
Short Term Liabilities: LUG's short term assets ($457.9M) exceed its short term liabilities ($321.8M).
Long Term Liabilities: LUG's short term assets ($457.9M) do not cover its long term liabilities ($524.3M).
Debt to Equity History and Analysis
Debt Level: LUG's net debt to equity ratio (67.2%) is considered high.
Reducing Debt: Insufficient data to determine if LUG's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: LUG's debt is well covered by operating cash flow (54.1%).
Interest Coverage: LUG's interest payments on its debt are well covered by EBIT (8.4x coverage).
What is Lundin Gold current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate LUG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate LUG's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if LUG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if LUG's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of LUG's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ron Hochstein (60 yo)
Mr. Ronald F. Hochstein, also known as Ron, MBA, P.Eng., B.Sc. (Mineral Process Engineering), serves as an Independent Chairman of the Board of Directors of Denison Mines Corp. since May 2021. He has been...
CEO Compensation Analysis
Compensation vs Market: Ron's total compensation ($USD2.34M) is about average for companies of similar size in the Canadian market ($USD1.96M).
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 (5.8 years average tenure).
Experienced Board: LUG's board of directors are considered experienced (6.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
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
- Market Cap: CA$2.348b
- Shares outstanding: 233.36m
- Website: https://www.lundingold.com
Number of Employees
- Lundin Gold Inc.
- 885 West Georgia Street
- Suite 2000
- British Columbia
- V6C 3E8
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/12/01 00:02|
|End of Day Share Price||2021/11/30 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.