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Lundin Gold Inc. (LUG.TO)
CAD76.69
-1.54 (-1.97%)
CA TSX Basic Materials Gold
Address
885 West Georgia Street V6C 3E8
Vancouver, BC, CA
Vancouver, BC, CA
CEO
James A. Beck
Website
lundingold.com
IPO
1996-08-08
ISIN CA5503711080
Also trades on
London Stock Exchange · 0R4M.L (SEK)
Other OTC · LUGDF (USD)
Stockholm Stock Exchange · LUG.ST (SEK)
Toronto Stock Exchange · LUG.TO (CAD)
Description
Lundin Gold Inc. is a Vancouver-based Canadian mining enterprise established in 1986. Its primary focus is on extensive exploration and development assets in Southeast Ecuador, where it controls rights to roughly 64,270 hectares. These holdings include 27 metallic mineral concessions and three construction material concessions. The company's most significant asset is the Fruta del Norte gold project, an operation comprising seven concessions across approximately 5,566 hectares, located near the city of Loja in Ecuador. Originally known as Fortress Minerals Corp., the firm officially changed its name to Lundin Gold Inc. in December 2014.
Market Cap & Enterprise Value
Merger & Acquisition History
No mergers or acquisitions recorded for this company.
Technical Outlook
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Signal Summary
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| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
CAD76.69
-1.54 (-1.97%)
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Volume Profile
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Liquidity & share structure
Average Volume
658.7K
Beta
1.41
Float Shares
100.15M
Free Float %
41.4%
Price Performance
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.72% | +3.28% | -16.51% | -11.50% | -13.73% | -14.94% | +67.69% | +422.58% | +736.12% | +1,589.72% | +590.81% |
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From
To
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Annual Monthly Returns
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Daily Returns Distribution
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Revenue flow
Revenue by geography
Revenue by segment
From
To
Revenue composition
From
To
By product
By geography
Financial Statements
Select metrics from the tables below to build your comparison.
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
Price Targets & DCF
Current price
76.69
DCF (Unlevered)
49.72
-35.2%
DCF (Levered)
63.88
-16.7%
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
Ratings Trend (MoM)
7% Bullish
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 0 | 0 |
| Buy | 1 | 0 |
| Hold | 11 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 2 | 0 |
Quality scores
Altman Z-Score
26.18
Safe zone
Piotroski F-Score
6 / 9
Average
MOAT Score
6 / 10
Developing
Composite Rating
B+
Overall Score
3 / 5
Medium
DCF Score
4 / 5
High
ROE Score
5 / 5
High
ROA Score
5 / 5
High
D/E Score
1 / 5
Low
P/E Score
2 / 5
Medium
P/Book Score
1 / 5
Low
Operational MOAT
✓ MOAT relativo
-
Revenue growth Gold: +36.5%+52.1% ★ Q1'26: +59.2% (vs Q1'25)
-
EPS growth Gold: +64.9%+88.6% ★ Q1'26: +79.4% (vs Q1'25)
-
FCF margin FCF growth · Gold: +77.7%+54.5% ★ Q1'26: +61.8% (vs Q1'25)
-
EBIT margin Gold: +25.8%+61.8% ★ Q1'26: +68.9% (vs Q1'25)
-
ROIC Gold: +11.0%+108.0% ★ Q1'26: +163.3% (vs Q1'25)
-
Share dilution Gold: -3.9%+0.5% ★ Q1'26: +0.3% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Gold: -0.09×0.00× ★ Q1'26: 0.00× (vs Q1'25)
Valuation Multiples
From
To
Price Forecast (3Y)
From
To
Theoretical Return — If Invested Today
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
Consensus Estimates
| Metric |
Dec 2019 actual |
Dec 2020 actual |
Dec 2021 actual |
Dec 2022 actual |
Dec 2023 actual |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 6 Rev. Ana. 9 EPS Ana. |
Dec 2027 8 Rev. Ana. 9 EPS Ana. |
Dec 2028 5 Rev. Ana. 4 EPS Ana. |
Dec 2029 2 Rev. Ana. 2 EPS Ana. |
Dec 2030 2 Rev. Ana. 2 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
—
est: 7.11M (-100.0%)
|
358.16M
est: 364.26M (-1.7%)
|
733.33M
est: 729.59M (+0.5%)
|
815.67M
est: 801.68M (+1.7%)
|
902.52M
est: 680.24M (+32.7%)
|
1.19B
est: 1.18B (+0.7%)
|
1.81B
est: 1.79B (+1.5%)
|
2.43B
2.24B – 2.66B
+35.7% YoY
|
2.59B
2.06B – 3.27B
+6.9% YoY
|
2.33B
2.00B – 2.75B
-10.1% YoY
|
2.17B
1.86B – 2.56B
-7.0% YoY
|
1.54B
1.32B – 1.82B
-28.9% YoY
|
| EBITDA |
-26.22M
est: 4.21M (-722.4%)
|
207.19M
est: 215.67M (-3.9%)
|
428.71M
est: 431.98M (-0.8%)
|
465.57M
est: 474.67M (-1.9%)
|
527.06M
est: 418.49M (+25.9%)
|
766.60M
est: 728.76M (+5.2%)
|
1.26B
est: 1.10B (+14.5%)
|
1.49B
1.38B – 1.64B
+35.7% YoY
|
1.60B
1.27B – 2.01B
+6.9% YoY
|
1.43B
1.23B – 1.69B
-10.1% YoY
|
1.33B
1.14B – 1.57B
-7.0% YoY
|
948.16M
812.28M – 1.12B
-28.9% YoY
|
| EBIT |
-26.75M
est: 3.18M (-942.0%)
|
151.78M
est: 162.65M (-6.7%)
|
321.15M
est: 325.78M (-1.4%)
|
334.90M
est: 357.97M (-6.4%)
|
390.43M
est: 330.21M (+18.2%)
|
629.60M
est: 575.03M (+9.5%)
|
1.12B
est: 867.90M (+29.2%)
|
1.18B
1.09B – 1.29B
+35.7% YoY
|
1.26B
1.00B – 1.59B
+6.9% YoY
|
1.13B
969.59M – 1.34B
-10.1% YoY
|
1.05B
901.92M – 1.24B
-7.0% YoY
|
748.15M
640.93M – 882.98M
-28.9% YoY
|
| Net Income |
-118.95M
est: -57.10M (-108.3%)
|
-47.16M
est: 114.20M (-141.3%)
|
221.43M
est: 216.24M (+2.4%)
|
73.56M
est: 145.05M (-49.3%)
|
179.46M
est: 165.32M (+8.5%)
|
426.05M
est: 449.82M (-5.3%)
|
806.02M
est: 653.95M (+23.3%)
|
1.17B
988.80M – 1.35B
+78.5% YoY
|
1.10B
816.55M – 1.85B
-6.1% YoY
|
850.56M
829.69M – 1.25B
-22.4% YoY
|
905.36M
736.69M – 1.12B
+6.4% YoY
|
591.08M
480.96M – 729.56M
-34.7% YoY
|
| SGA |
25.52M
est: 349.4K (+7,203.5%)
|
20.61M
est: 17.89M (+15.2%)
|
24.86M
est: 35.84M (-30.6%)
|
34.86M
est: 39.38M (-11.5%)
|
44.75M
est: 30.50M (+46.7%)
|
73.79M
est: 53.11M (+38.9%)
|
65.54M
est: 80.16M (-18.2%)
|
108.81M
100.27M – 119.34M
+35.7% YoY
|
116.30M
92.48M – 146.47M
+6.9% YoY
|
104.54M
89.56M – 123.38M
-10.1% YoY
|
97.24M
83.31M – 114.77M
-7.0% YoY
|
69.10M
59.20M – 81.56M
-28.9% YoY
|
| EPS |
-0.96
est: -0.24 (-305.9%)
|
-0.21
est: 0.47 (-144.4%)
|
0.95
est: 0.90 (+6.1%)
|
0.31
est: 0.60 (-48.2%)
|
0.75
est: 0.69 (+8.0%)
|
1.78
est: 1.74 (+2.2%)
|
3.34
est: 3.27 (+2.2%)
|
4.69
4.08 – 5.55
+43.6% YoY
|
5.07
3.37 – 7.64
+8.1% YoY
|
4.27
3.42 – 5.15
-15.9% YoY
|
3.73
3.04 – 4.61
-12.5% YoY
|
2.44
1.98 – 3.01
-34.7% YoY
|
Historical Ratings (3M)
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-07 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-06 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-05 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-04 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-01 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-30 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-29 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-28 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-27 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-24 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-23 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-22 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-21 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-20 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-17 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-16 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-15 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 1/5 | 2/5 | 1/5 |
Owner Earnings
Owner's Earnings (history)
From
To
Owner alignment
Owner's Earnings TTM
1.90B
OE per share TTM
7.84
Owner's Yield
8.51%
Maintenance CapEx ratio
82.58%
Maint CapEx / Avg PPE
116.0%
Ownership Overview
Ownership breakdown
At a glance
Institutional holders
3
Total invested
3.76M
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional ownership trend
From
To
13F snapshot — 2026 Q1
Investors holding
3
-2 vs prev Q
New positions
0
Closed positions
2
Increased
2
Reduced
0
Put/Call ratio
0.00
Calls held
—
Puts held
—
Top institutional holders
| # | Investor | Shares / Δ | Mkt value / Δ | Own% / Δ | Weight% / Δ | Avg px / Perf. | Hold / Status |
|---|---|---|---|---|---|---|---|
| 1 | ATIVO CAPITAL MANAGEMENT LLC | 26.8K -1.8K (-6.3%) | 2.22M +373.8K (+20.2%) | 0.01% -0.001 pp | 1.95% +0.388 pp | CAD71.90 +58.6% | 3 qtrs — |
| 2 | CONFLUENCE INVESTMENT MANAGEMENT LLC | 11.2K +1.3K (+13.1%) | 930.2K +289.0K (+45.1%) | 0.00% +0.001 pp | 0.01% +0.005 pp | CAD78.52 +45.2% | 3 qtrs — |
| 3 | CORUNDUM TRUST COMPANY, INC | 11.0K +— (+0.0%) | 913.4K +201.3K (+28.3%) | 0.00% +0.000 pp | 2.08% +0.535 pp | CAD71.90 +58.6% | 3 qtrs — |
| 4 | ORG WEALTH PARTNERS, LLC | 1.6K +621.0 (+65.2%) | 130.6K +69.0K (+112.0%) | 0.00% +0.000 pp | 0.03% +0.018 pp | CAD99.58 +14.5% | 2 qtrs — |
| 5 | RHUMBLINE ADVISERS | 30.00 +— (+0.0%) | 2.5K +549.0 (+28.3%) | 0.00% +0.000 pp | 0.00% +0.000 pp | CAD71.90 +58.6% | 3 qtrs — |
Ownership breakdown by holder
Insider Activity
Insider Activity — Latest Quarter
No insider activity available.
Insider buys vs sells (history)
Insider history not available.
Recent insider transactions
No recent insider transactions.
Executive team
Top executives
EBIT / Employee
592.5K
Shares Outstanding
241.72M
Executive compensation
Executive compensation (annual)
Executive compensation not available.
CEO compensation breakdown
No CEO compensation history available.
Proxy statements
Proxy statements (DEF 14A)
No proxy statements available for this company yet.
Recent SEC filings
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| James Beck | President, Chief Executive Officer & Director | 977.6K | male |
| Chester See | Chief Financial Officer | 839.5K | male |
| Terrence F. D. Smith | Chief Operating Officer | 821.0K | male |
| Sheila Margaret Colman | Vice President of Legal and Sustainability | 681.7K | female |
| Brendan Creaney | Vice President of Corporate Development & Investor Relations | 619.0K | male |
| Andre Oliveira | Vice President of Exploration | 525.5K | male |
ESG Score History
No data available for this company.
Senate Trading Activity
No Senate trading activity found for this company.
House Trading Activity
No House trading activity found for this company.
Market share among peers
Peer comparison — filtered group (TTM)
Your opinion
Share your view on this stock and instantly see how the community has voted over the last 6 months.
Community Opinion for LUG.TO
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.
