Lundin Gold Inc.

Lundin Gold Inc.

LUG.ST
Lundin Gold Inc.SE flagStockholm Stock Exchange
586.60
SEK
+2.20
- -
141.86BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
1.57
3.16
3.47
3.81
4.99
7.4
6.13
Basic EPS, GAAP
-0.02
-0.04
-0.45
-0.58
-0.35
-0.12
-0.54
-0.21
0.95
0.31
0.76
1.78
3.29
2.56
Free Cash Flow per Basic Share
-0.01
-0.06
-0.43
-0.53
-1.13
-1.77
-1.94
0.24
1.55
1.58
1.99
2.77
4.24
3.27
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.2
0.4
0.6
2.75
1.56
Book Value per Share
1.35
16.94
2.63
2.52
1.99
3.25
2.46
2.42
3.42
3.56
3.96
5.21
5.8
5.57
Tangible Book Value per Share
1.44
16.95
2.58
2.48
1.97
3.12
2.11
2.58
3.51
3.63
4.03
5.08
5.66
5.43
Basic Weighted Avg Shares
15
18
101
109
119
191
221
228
232
235
237
239
241
240
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
358
733
816
903
1,193
1,783
1,474
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
34.2
45.12
41.06
43.26
52.77
61.83
59.06
Depreciation Expense
- -
- -
1
1
- -
- -
- -
55
108
131
137
137
135
133
Net Income, GAAP
- -
-1
-45
-63
-41
-22
-119
-47
221
74
179
426
792
615
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
13.88
58.51
37.04
32.81
29.5
31.45
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
-13.17
30.19
9.02
19.88
35.71
44.43
41.73
Working Capital
21
66
16
1
27
153
33
57
217
195
347
459
595
562
LT Debt
- -
- -
- -
- -
218
364
796
651
528
298
217
- -
- -
- -
Total Equity
21
312
261
270
235
598
467
587
814
852
956
1,216
1,364
1,304
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
19.04
8.98
17.6
32.62
53.94
47.6
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
17.41
5.77
14.17
49.13
59.87
51.09
Return on Common Equity (%)
-1.28
-0.45
-15.69
-23.26
-16.12
-5.14
-20.4
-8.62
32.96
9.03
20.22
38.96
59.87
51.09

Capital Structure

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
240
241
241
Market Capitalization
5,040
7,314
12,260

Working Capital

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
674
780
805
Cash, Cash Equivalents & STI
349
452
493
Accounts Receivable, Net
156
165
147
Inventories
88
89
89
Total Current Liabilities
216
229
243
Payables & Accruals
207
225
232
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
24.39%
19%
12.15%
Free Cash Flow
91.37%
136.44%
54.45%
Net Income, GAAP
6.74%
-53.8%
85.93%
Sales/Revenue/Turnover
- -
41.65%
49.44%
Total Cash Common Dividend
- -
- -
361.46%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
227
301
323
342
1,193
2025
356
453
527
- -
1,783
2026
567
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.18
0.5
0.57
- -
1.78
2025
0.64
0.82
- -
- -
3.29
2026
1.13
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.1
0.1
0.2
- -
0.6
2025
0.3
0.86
- -
- -
2.75
2026
1.15
- -
- -
- -
- -

Company Description

APIChat
CEO
James A. Beck
Full Time Employees
1,848
Sector
Basic Materials
Industry
Gold
Address
885 West Georgia Street Vancouver BC Canada V6C 3E8
IPO Date
Dec 22, 2014
Business
Lundin Gold Inc. (TSX: LUG; Nasdaq Stockholm: LUG) operates as a gold mining company focused on the production and exploration of gold deposits in southeast Ecuador. The company owns and operates the 100%-owned Fruta del Norte gold mine, one of the highest-grade operating gold mines in the world with probable reserves of 4.92 million ounces at an average grade of 8.7 grams per tonne gold; the mine produces gold doré bars primarily through underground mining and processing via a flotation and leaching circuit, with silver as a significant by-product; ongoing regional exploration targets include porphyry copper-gold systems near Fruta del Norte, such as Trancaloma, Bonza Sur, FDN East, and FDN South. Lundin Gold, founded in 2014 and headquartered in Vancouver, British Columbia, Canada, commenced construction at Fruta del Norte in July 2017, poured first gold in November 2019, and declared commercial production in February 2020 ahead of schedule. The company serves international gold markets and emphasizes responsible mining practices benefiting local communities in Ecuador. In recent developments, Lundin Gold expanded its 2025 drilling program at Fruta del Norte to at least 120,000 meters using 17 rigs, the largest ever at the site, following high-grade intercepts including 491.62 g/t gold over 5.20 meters and confirmation of larger mineralized systems at FDN South and FDN East; the company completed its 2025 conversion drilling program, advancing engineering studies toward an initial mineral reserve estimate in early 2026; exploration also intersected best porphyry grades to date, expanding a mineralized corridor and confirming large-scale copper-gold potential adjacent to Fruta del Norte; additionally, Lundin Gold announced a CEO transition with Ron Hochstein's departure and Jamie Beck's appointment.