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Last update at 2024-11-21T19:31:00Z
LUNDIN GOLD REPORTS PRODUCTION OF 122,154 OUNCES OF GOLD IN THE THIRD QUARTER OF 2024
Wed 09 Oct 24, 01:30 AMLundin Gold Inc.'s (TSE:LUG) Stock Is Going Strong: Is the Market Following Fundamentals?
Thu 12 Sep 24, 06:39 PMLundin Gold's (TSE:LUG) Dividend Will Be Increased To $0.2749
Mon 19 Aug 24, 10:29 AMWhy Lundin Gold's (TSE:LUG) Earnings Are Better Than They Seem
Fri 16 Aug 24, 11:04 AMLUNDIN GOLD TO HOST INVESTOR DAY ON SEPTEMBER 6, 2024
Mon 12 Aug 24, 10:00 PMLundin Gold Second Quarter 2024 Earnings: EPS Beats Expectations
Sat 10 Aug 24, 01:35 PMLUNDIN GOLD REPORTS SECOND QUARTER OF 2024 RESULTS
Thu 08 Aug 24, 11:32 PMLUNDIN GOLD DOUBLES QUARTERLY DIVIDEND
Thu 08 Aug 24, 11:30 PMLundin Gold (TSE:LUG) Is Investing Its Capital With Increasing Efficiency
Mon 05 Aug 24, 11:51 AMBreakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Income before tax | 177.27M | 257.10M | -60.37400M | -118.94500M | -22.06800M |
Minority interest | - | - | - | - | - |
Net income | 73.56M | 221.43M | -47.15800M | -306.81000M | -12.66300M |
Selling general administrative | 19.41M | 25.50M | 47.06M | 21.69M | 18.48M |
Selling and marketing expenses | - | - | - | - | - |
Gross profit | 369.75M | 355.71M | 172.39M | - | 0.00000M |
Reconciled depreciation | 130.68M | 107.56M | 55.41M | 0.13M | 0.12M |
Ebit | 130.93M | 355.71M | 110.55M | 68.92M | -26.83100M |
Ebitda | 261.60M | 409.56M | 165.96M | 69.05M | -26.70800M |
Depreciation and amortization | 130.68M | 53.85M | 55.41M | 0.13M | 0.12M |
Non operating income net other | - | - | - | - | - |
Operating income | 130.93M | 355.71M | 110.55M | 68.92M | -26.83100M |
Other operating expenses | 480.77M | 412.18M | 235.68M | 27.14M | 25.59M |
Interest expense | 29.97M | 34.19M | 33.94M | 0.00000M | 4.64M |
Tax provision | 103.72M | 35.67M | -13.21600M | - | - |
Interest income | 145.83M | 0.35M | 0.40M | 94.30M | 5.88M |
Net interest income | -235.71100M | -50.92800M | -44.94200M | 1.76M | 4.64M |
Extraordinary items | - | - | - | - | - |
Non recurring | - | - | - | - | - |
Other items | - | - | - | - | - |
Income tax expense | 103.72M | 35.67M | -13.21600M | 187.87M | -9.40500M |
Total revenue | 815.67M | 733.33M | 358.16M | 0.00000M | 0.00000M |
Total operating expenses | 34.85M | 34.56M | 49.91M | 27.14M | 25.59M |
Cost of revenue | 445.91M | 377.62M | 185.77M | - | 0.00000M |
Total other income expense net | 46.34M | -98.61100M | -170.92400M | -187.86500M | 4.76M |
Discontinued operations | - | - | - | - | - |
Net income from continuing ops | 73.56M | 221.43M | -47.15800M | -118.94500M | -22.06800M |
Net income applicable to common shares | 73.56M | 221.43M | -47.15800M | -118.94500M | -22.06800M |
Preferred stock and other adjustments | - | - | - | - | - |
Breakdown | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
Total assets | 1468.21M | 1668.87M | 1685.11M | 1505.36M | 1408.96M |
Intangible assets | - | - | - | - | - |
Earning assets | - | - | - | - | - |
Other current assets | 60.01M | 33.82M | 32.37M | 39.76M | 0.16M |
Total liab | 512.40M | 816.78M | 870.64M | 918.50M | 942.14M |
Total stockholder equity | 955.81M | 852.08M | 814.48M | 586.86M | 466.82M |
Deferred long term liab | - | - | - | - | - |
Other current liab | 4.15M | 85.00M | 112.78M | 39.59M | 33.50M |
Common stock | 1008.93M | 989.77M | 974.74M | 951.73M | 899.90M |
Capital stock | 1008.93M | 989.77M | 974.74M | 951.73M | 899.90M |
Retained earnings | -69.61600M | -154.15900M | -180.68400M | -402.11000M | -354.95200M |
Other liab | - | 53.67M | 7.84M | 7.59M | 4.75M |
Good will | - | - | - | - | - |
Other assets | - | 16.49M | 114.66M | 113.12M | 94.13M |
Cash | 268.02M | 363.40M | 262.61M | 79.59M | 75.68M |
Cash and equivalents | - | - | 262.61M | 79.59M | 75.68M |
Total current liabilities | 187.03M | 440.52M | 311.02M | 232.40M | 116.38M |
Current deferred revenue | 106.56M | - | - | - | - |
Net debt | 8.16M | 276.13M | 450.33M | 749.68M | 802.90M |
Short term debt | 59.57M | 341.26M | 184.66M | 178.57M | 57.58M |
Short long term debt | - | 84.59M | 70.55M | 178.57M | 57.58M |
Short long term debt total | 276.18M | 639.53M | 712.94M | 829.27M | 878.59M |
Other stockholder equity | 14.54M | 13.86M | 13.57M | 14.73M | 14.12M |
Property plant equipment | - | 964.81M | 1042.22M | 1103.24M | 1165.65M |
Total current assets | 533.89M | 635.32M | 528.24M | 289.00M | 149.18M |
Long term investments | - | - | - | - | - |
Net tangible assets | - | 852.08M | 814.48M | 586.86M | 466.82M |
Short term investments | - | 79.80M | - | - | - |
Net receivables | 116.44M | 148.31M | 148.31M | 109.73M | 47.74M |
Long term debt | 216.62M | 298.26M | 528.28M | 678.52M | 821.01M |
Inventory | 89.41M | 89.79M | 84.95M | 59.91M | 25.60M |
Accounts payable | 16.75M | 14.26M | 13.57M | 14.23M | 25.31M |
Total permanent equity | - | - | - | - | - |
Noncontrolling interest in consolidated entity | - | - | - | - | - |
Temporary equity redeemable noncontrolling interests | - | - | - | - | - |
Accumulated other comprehensive income | 1.96M | 2.61M | 6.85M | 22.51M | -92.24700M |
Additional paid in capital | - | - | - | - | - |
Common stock total equity | - | - | - | 951.73M | 899.90M |
Preferred stock total equity | - | - | - | - | - |
Retained earnings total equity | - | - | - | - | - |
Treasury stock | - | - | - | - | - |
Accumulated amortization | - | - | - | - | - |
Non currrent assets other | 55.40M | 68.74M | 83.55M | 113.12M | 94.13M |
Deferred long term asset charges | - | - | - | - | - |
Non current assets total | 934.32M | 1033.54M | 1156.88M | 1216.36M | 1259.78M |
Capital lease obligations | - | - | - | - | - |
Long term debt total | - | 298.26M | 524.74M | 650.70M | 821.01M |
Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Investments | -60.06800M | -63.10900M | -79.64400M | -455.87200M | -327.09300M |
Change to liabilities | 3.44M | 17.39M | 44.63M | 0.59M | -1.03200M |
Total cashflows from investing activities | -60.06800M | -63.10900M | -79.64400M | -442.89000M | -327.09300M |
Net borrowings | -131.72000M | -103.73300M | -35.41200M | 350.00M | 110.00M |
Total cash from financing activities | -264.09900M | -171.42600M | -27.77100M | 383.99M | 491.79M |
Change to operating activities | 13.00M | 11.97M | 8.76M | 8.76M | -12.80200M |
Net income | 73.56M | 221.43M | -47.15800M | -118.94500M | -22.06800M |
Change in cash | 100.79M | 183.02M | 3.91M | -91.82900M | 132.50M |
Begin period cash flow | 262.61M | 79.59M | 75.68M | 167.51M | 35.02M |
End period cash flow | 363.40M | 262.61M | 79.59M | 75.68M | 167.51M |
Total cash from operating activities | 426.14M | 417.75M | 113.64M | -21.30600M | -32.13200M |
Issuance of capital stock | - | - | 41.42M | 33.94M | 396.42M |
Depreciation | 130.68M | 107.56M | 195.13M | 0.13M | 0.12M |
Other cashflows from investing activities | -6.04800M | -6.11800M | -20.87800M | -38.79700M | -1.30400M |
Dividends paid | 47.03M | 47.03M | 47.03M | 47.03M | - |
Change to inventory | -7.25300M | -18.88900M | -11.15800M | -11.15800M | -11.15800M |
Change to account receivables | 2.63M | -14.64600M | -110.14100M | -2.72600M | -2.72600M |
Sale purchase of stock | 11.30M | 18.58M | 49.94M | 39.53M | 396.42M |
Other cashflows from financing activities | -85.34600M | -67.69300M | -33.77800M | 350.05M | 95.36M |
Change to netincome | 235.72M | 33.70M | 172.10M | 99.25M | 1.29M |
Capital expenditures | 54.02M | 56.99M | 58.77M | 408.56M | 305.79M |
Change receivables | - | - | - | - | - |
Cash flows other operating | - | - | - | - | - |
Exchange rate changes | - | - | - | - | - |
Cash and cash equivalents changes | - | - | - | - | - |
Change in working capital | -21.58600M | 50.66M | -67.90600M | -2.13700M | -13.83400M |
Stock based compensation | 5.01M | 3.04M | 4.06M | 3.49M | 2.58M |
Other non cash items | 161.49M | 59.11M | 237.86M | 96.16M | 1.07M |
Free cash flow | 372.12M | 360.76M | 113.64M | -21.30600M | -32.13200M |
Sector: Basic Materials Industry: Gold
Company | Change (CAD) | Price (CAD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to Revenue (x) | Enterprise Value to EBITDA (x) |
---|---|---|---|---|---|---|---|---|
LUG Lundin Gold Inc |
0.30 0.93% | 32.62 | 18.46 | 10.98 | 7.10 | 4.64 | 5.08 | 6.38 |
NGT Newmont Goldcorp Corp |
0.03 0.05% | 60.14 | - | 7.79 | 4.20 | 1.73 | 3.37 | 24.37 |
AEM Agnico Eagle Mines Limited |
0.18 0.16% | 115.97 | 39.71 | 16.75 | 6.98 | 2.06 | 5.48 | 12.87 |
ABX Barrick Gold Corp |
0.17 0.70% | 25.20 | 18.92 | 9.55 | 3.43 | 1.35 | 2.66 | 5.52 |
WPM Wheaton Precious Metals Corp |
0.20 0.23% | 88.26 | 48.51 | 33.33 | 33.62 | 4.07 | 23.68 | 30.92 |
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.
885 West Georgia Street, Vancouver, BC, Canada, V6C 3E8
Name | Title | Year Born |
---|---|---|
Mr. Ronald F. Hochstein B.Sc., MBA, P.Eng. | Pres, CEO & Director | 1961 |
Mr. Alessandro Bitelli | Exec. VP & CFO | 1958 |
Ms. Sheila Margaret Colman | VP of Legal & Corp. Sec. | NA |
Mr. Nathan Monash | VP of Bus. Sustainability | NA |
Mr. David Dicaire | GM & VP of Projects | 1959 |
Finlay Heppenstall | Director of Investor Relations | NA |
Ms. Iliana Rodriguez | VP of HR | NA |
Mr. Andre Oliveira | VP of Exploration | NA |
Mr. Ronald F. Hochstein B.Sc., MBA, P.Eng. | President, CEO & Director | 1961 |
Mr. Terrence F. D. Smith P.Eng. | Chief Operating Officer | 1976 |
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