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Lundin Gold Inc (TSE:LUG)

Lundin Gold Inc (TSE:LUG) Company Profile

Symbol(s): TSE:LUG, OTCMKTS:FTMNF
Industry: Gold Mining
Website: www.lundingold.com
eMail: info@lundingold.com

Lundin Gold Inc (TSE:LUG) is a Canadian Gold mining company. It’s a junior late stage development company mainly focused on exploration and development of mineral properties in Ecuador, Ecuador. The company has ownership of the Fruta Del Norte property which is located in Ecuador.

Lundin Gold Inc (TSE:LUG) has about 4.7 million ounces of gold reserves & resources. The company’s resources are currently being valued at US$401.944 per gold equivalent ounce.

Lundin Gold Inc has US$52.15 million cash and no debt. The company has 229.91 million shares outstanding and as of September 01, 2020, had a market capitalization of US$1941.28 million. The stocks of Lundin Gold Inc trade on the Toronto Stock Exchange and the Over-the-Counter Exchange.

Lundin Gold Inc (TSE:LUG) Share Price Chart

Lundin Gold Inc (TSE:LUG) Technical Data
Last Updated: September 2, 2020

Share Price:
CA$11.11 (9/1/2020 16:00:00)
Volume:
371781 (9/1/2020 16:00:00)
52 Week High:
CA$13.49
52 Week Low:
CA$5.82
Change from 52 Week Low:
90.893%
Change from 52 Week High:
-17.643%
Beta
0.77
Average Volume:
#N/A

Lundin Gold Inc (TSE:LUG) Financial Data

Share Price:
CA$11.11 (9/1/2020 16:00:00)
Shares Outstanding:
229.91 million
Market Capitalization:
US$1941.28 million *
Cash:
US$52.15 million
Total Debt:
US$0 million
Enterprise Value:
US$1889.135 million
Earnings Per Share:
-0.9
Price to Earning (P/E) Ratio:
#N/A

Lundin Gold Inc (TSE:LUG) Gold Resources

Total Reserves & Resources:
4.7 million ounce
Plausible Reserves & Resources:
3.13 million ounce
Future Cash Cost Per Ounce:
US$600
Future All-in Sustaining Cost Per Ounce:
US$900
Future Annual Production:
2000000 ounce

Lundin Gold Inc (TSE:LUG) Valuation by Resources

Gold Equivalent Resources:
4.7 million ounce
Silver Equivalent Resources:
324.4 million ounce ***
Enterprise Value Per Gold Ounce:
US$401.944
Enterprise Value Per Silver Ounce:
US$5.823
Gold Equivalent Resources per FD share:
0.02 ounce
Silver Equivalent Resources per FD share:
1.411 ounce

* CAD to USD exchange rate of 0.76 was used in calculations
*** Gold to silver ratio of 69.03 was used in the calculation of silver equivalent resources

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