Lundin Gold Inc. (LUG.TO) Stock

About Lundin Gold Inc.

Lundin Gold Inc., together with its subsidiaries, develops and operates its mineral concessions in Ecuador. It explores for gold and silver deposits. The company holds interests in 27 metallic mineral concessions and 3 construction material concessions covering an area of approximately 65,000 hectares located in Ecuador. It also holds a 100% interest in the Fruta del Norte gold project that comprising seven concessions covering an area of approximately 5,566 hectares located in the Cordillera del Cóndor region of southeast 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.

Lundin Gold Inc. (LUG.TO) stock trades at $90.31 with a market capitalization of $21.84B. The stock is valued at a price-to-earnings (P/E) ratio of 16.82, price-to-book of 28.77, price-to-sales of 10.82. Over the past 52 weeks the stock has ranged between $71.51 and $124.15, and currently trades 27.3% below its 52-week high. It pays a dividend yielding 6.44%.

On profitability, Lundin Gold Inc. generates a return on equity (ROE) of 101.20% — well above the market average, a sign of a high-quality business, an operating margin of 66.45%, a net profit margin of 46.32%.

The balance sheet shows a debt-to-equity ratio of 0.05 — a conservative balance sheet with little leverage risk, a current ratio of 2.27.

LUG.TO has an average daily trading volume of 677,072 shares, a beta of 1.47 (more volatile than the overall market), 0.24B shares outstanding.

Official website: lundingold.com