Lundin Gold Inc. operates as a mining company in Canada.
Moderate growth potential and slightly overvalued.
Share Price & News
How has Lundin Gold's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: LUG's share price has been volatile over the past 3 months.
7 Day Return
SE Metals and Mining
1 Year Return
SE Metals and Mining
Return vs Industry: LUG exceeded the Swedish Metals and Mining industry which returned -0.9% over the past year.
Return vs Market: LUG exceeded the Swedish Market which returned 21.8% over the past year.
Price Volatility Vs. Market
How volatile is Lundin Gold's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
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 (SEK80.6) is trading below our estimate of fair value (SEK128.17)
Significantly Below Fair Value: LUG is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: LUG is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: LUG is unprofitable, so we can't compare its PE Ratio to the Swedish market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate LUG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: LUG is overvalued based on its PB Ratio (3.7x) compared to the SE Metals and Mining industry average (1.5x).
How is Lundin Gold forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LUG is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (-0.4%).
Earnings vs Market: LUG is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: LUG's is expected to become profitable in the next 3 years.
Revenue vs Market: Insufficient data to determine if LUG's revenue is forecast to grow faster than the Swedish market.
High Growth Revenue: Insufficient data to determine if LUG's revenue is forecast to grow faster than 20% 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 (19.1%).
How has Lundin Gold performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LUG is currently unprofitable.
Growing Profit Margin: LUG is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: LUG is unprofitable, and losses have increased over the past 5 years at a rate of -18.2% per year.
Accelerating Growth: Unable to compare LUG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: LUG is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-14.9%).
Return on Equity
High ROE: LUG has a negative Return on Equity (-19.53%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Lundin Gold's financial position?
Financial Position Analysis
Short Term Liabilities: LUG's short term assets ($171.3M) exceed its short term liabilities ($46.8M).
Long Term Liabilities: LUG's short term assets ($171.3M) do not cover its long term liabilities ($777.2M).
Debt to Equity History and Analysis
Debt Level: LUG's debt to equity ratio (148.4%) is considered high.
Reducing Debt: Insufficient data to determine if LUG's debt to equity ratio has reduced over the past 5 years.
Inventory Level: LUG has a high level of physical assets or inventory.
Debt Coverage by Assets: LUG's debt is not covered by short term assets (assets are 0.2x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: LUG has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if LUG has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Lundin Gold's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate LUG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate LUG's dividend yield against the top 25% of dividend payers, as the company has not reported any 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 Swedish market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ron Hochstein (57yo)
Mr. Ronald F. Hochstein, also known as Ron, MBA, P.Eng., B.Sc. (Mineral Process Engineering), has been the Chief Executive Officer and President of Rockgate Capital Corp. since November 2013. He serves as ...
CEO Compensation Analysis
Compensation vs Market: Ron's total compensation ($USD1.15M) is above average for companies of similar size in the Swedish market ($USD812.57K).
Compensation vs Earnings: Ron's compensation has increased whilst the company is unprofitable.
|Executive VP & CFO||3.6yrs||US$799.51k||0.0045% $844.4k|
|Vice President of Human Resources||3.4yrs||US$540.27k||no data|
|Manager of Investor Relations||0yrs||no data||no data|
|VP of Legal & Corporate Secretary||5.1yrs||no data||no data|
Experienced Management: LUG's management team is considered experienced (4.3 years average tenure).
|Non-Executive Chairman||6.1yrs||US$116.35k||0.22% $41.1m|
|Lead Director||4.8yrs||US$133.71k||0.067% $12.7m|
|Independent Director||11.8yrs||US$124.07k||0.041% $7.8m|
|Independent Director||2.9yrs||US$114.42k||0.0053% $1.0m|
|Independent Director||5.1yrs||US$34.73k||no data|
|Independent Director||5.2yrs||US$116.35k||0.00061% $115.5k|
|Director||0.5yrs||no data||no data|
Experienced Board: LUG's board of directors are considered experienced (4.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: LUG insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 30.2%.
Lundin Gold Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Lundin Gold Inc.
- Ticker: LUG
- Exchange: OM
- Founded: 1986
- Industry: Gold
- Sector: Materials
- Market Cap: CA$2.583b
- Listing Market Cap: CA$18.934b
- Shares outstanding: 224.22m
- 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|
|FTMN.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|
Lundin Gold Inc. operates as a mining company in Canada. The company holds interests in 30 mining concessions covering an area of approximately 64,406 hectares located in Southeast Ecuador. It primarily focuses on advancing the Fruta del Norte gold project that comprises 6 concessions covering an area of approximately 5,039 hectares located near the city of Loja in Ecuador. The company was formerly known as Fortress Minerals Corp. and changed its name to Lundin Gold Inc. in December 2014. Lundin Gold Inc. was incorporated in 1986 and is headquartered in Vancouver, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/15 23:18|
|End of Day Share Price||2020/02/14 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.