Lundin Gold (LUG) Stock Price, News & Analysis

Company Overview

Lundin Gold Inc. operates as a mining company in Canada. The company holds interests in 28 metallic mineral concessions and three construction material concessions covering an area of approximately 64,454 hectares located in Southeast Ecuador. It primary holds 100% interests in the Fruta del Norte gold project that comprising seven concessions covering an area of approximately 5,566 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.

Key Stats

• Today's Range: C$31.34 to C$32.35
• 50-Day Range: C$28.20 to C$34.97
• 52-Week Range: C$14.23 to C$35.89
• Volume: 185,652 shs
• Average Volume: 276,023 shs
• Market Capitalization: C$7.76 billion
• P/E Ratio: 25.05
• Dividend Yield: 3.31%
• Price Target: C$29.42
• Consensus Rating: Moderate Buy

Lundin Gold Stock Analysis - MarketRank™

Lundin Gold scored higher than 45% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Lundin Gold has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 4 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Lundin Gold has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Lundin Gold is 25.05, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.22.

Price to Earnings Ratio vs. Sector

The P/E ratio of Lundin Gold is 25.05, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 117.16.

Price to Book Value per Share Ratio

Lundin Gold has a P/B Ratio of 7.38. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for LUG.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Lundin Gold pays a meaningful dividend of 3.29%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Lundin Gold does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Lundin Gold is 82.95%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for LUG.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.83

News Sentiment

Lundin Gold has a news sentiment score of 0.83. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.53 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 14 news articles for Lundin Gold this week, compared to 2 articles on an average week.

MarketBeat Follows

Only 2 people have added Lundin Gold to their MarketBeat watchlist in the last 30 days. This is a decrease of -60% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Lundin Gold insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$2,146,122.00 in company stock.

Percentage Held by Insiders

58.72% of the stock of Lundin Gold is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 27.81% of the stock of Lundin Gold is held by institutions.

LUG Stock Analysis - Frequently Asked Questions

How have LUG shares performed this year?

Lundin Gold's stock was trading at C$16.54 at the beginning of 2024. Since then, LUG shares have increased by 95.4% and is now trading at C$32.32.
View the best growth stocks for 2024 here.

How were Lundin Gold's earnings last quarter?

Lundin Gold Inc. (TSE:LUG) posted its earnings results on Thursday, November, 7th. The company reported $0.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.60 by $0.16. The business had revenue of $440.77 million for the quarter. Lundin Gold had a net margin of 24.30% and a trailing twelve-month return on equity of 22.88%.

How do I buy shares of Lundin Gold?

Shares of LUG stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of Lundin Gold own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Lundin Gold investors own include Wheaton Precious Metals (WPM), Ivanhoe Mines (IVN), Agnico Eagle Mines (AEM), Barrick Gold (ABX), Tesla (TSLA), Royal Gold (RGLD) and CrowdStrike (CRWD).

Company Calendar

• Ex-Dividend for 9/25 Dividend: 9/10/2024
• Dividend Payable: 9/25/2024
• Last Earnings: 11/07/2024
• Today: 11/20/2024
• Ex-Dividend for 12/20 Dividend: 12/05/2024
• Dividend Payable: 12/20/2024
• Next Earnings (Estimated): 2/27/2025

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Basic Materials
• Industry: Gold
• Sub-Industry: N/A
• Current Symbol: TSE:LUG
• CUSIP: N/A
• CIK: N/A
• Web: www.lundingold.com
• Phone: 604-689-7842
• Fax: N/A
• Employees: 1,645
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$29.42
• High Stock Price Target: C$38.00
• Low Stock Price Target: C$20.00
• Potential Upside/Downside: -9.0%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.67
• Research Coverage: 9 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$1.29
• Trailing P/E Ratio: 25.05
• Forward P/E Ratio: 12.62
• P/E Growth: N/A
• Net Income: C$226.03 million
• Net Margins: 24.30%
• Pretax Margin: N/A
• Return on Equity: 22.88%
• Return on Assets: 17.59%

Debt

• Debt-to-Equity Ratio: 14.28
• Current Ratio: 1.98
• Quick Ratio: 1.41

Sales & Book Value

• Annual Sales: C$930.03 million
• Price / Sales: 8.34
• Cash Flow: C$2.99 per share
• Price / Cash Flow: 10.81
• Book Value: C$4.38 per share
• Price / Book: 7.38

Miscellaneous

• Outstanding Shares: 240,020,000
• Free Float: N/A
• Market Cap: C$7.76 billion
• Optionable: Not Optionable
• Beta: 1.23