LUG : Lundin Gold Inc Stock Profile

Last Updated: 3/12/2024 0:47:16

Lundin Gold Inc trades with the ticker LUG on the TSX and is in the Gold industry.

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.
 

Looking to invest in Lundin Gold Inc? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

LUG.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $4141.359MM

PE Ratio: 17.218

Price: 17.31 (Updated: 3/12/2024 0:47:16)



Lundin Gold Inc (LUG) vs Competitors in Gold

Lets see how LUG.TO stacks up against others in the Gold asset management industry. We have identified its main peers as:

Barrick Gold Corporation, Agnico Eagle Mines Limited, Alamos Gold Inc, Galiano Gold Inc, Alio Gold Inc

.

Gold Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Barrick Gold Corporation (ABX) $37,376.086 21.948 7.456 2.6%
Agnico Eagle Mines Limited (AEM) $37,307.372 14.049 9.752 2.9%
Alamos Gold Inc (AGI) $7,157.749 25.408 14.058 0.8%
Galiano Gold Inc (AKG) $353.306 N/A 0.0 0.0%
Alio Gold Inc (ALO) $168.547 N/A 0.0 0.0%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Gold

  • Lundin Gold Inc (LUG) vs Barrick Gold Corporation (ABX)
    • LUG has higher EPS (1.01 vs 0.97). LUG has higher dividend yield (3.1% vs 2.6%). ABX has a higher P/E ratio (21.948 vs 17.218) indicating it’s more expensive.
  • Lundin Gold Inc (LUG) vs Agnico Eagle Mines Limited (AEM)
    • AEM has higher EPS (5.34 vs 1.01). LUG has higher dividend yield (3.1% vs 2.9%). LUG has a higher P/E ratio (17.218 vs 14.049) indicating it’s more expensive.
  • Lundin Gold Inc (LUG) vs Alamos Gold Inc (AGI)
    • LUG has higher EPS (1.01 vs 0.71). LUG has higher dividend yield (3.1% vs 0.8%). AGI has a higher P/E ratio (25.408 vs 17.218) indicating it’s more expensive.
  • Lundin Gold Inc (LUG) vs Galiano Gold Inc (AKG)
    • LUG has higher EPS (1.01 vs -0.003). LUG has higher dividend yield (3.1% vs 0.0%). AKG has a P/E under 0, indicating LUG (P/E 17.218) is in a better position.
  • Lundin Gold Inc (LUG) vs Alio Gold Inc (ALO)
    • LUG has higher EPS (1.01 vs -0.274). LUG has higher dividend yield (3.1% vs 0.0%). ALO has a P/E under 0, indicating LUG (P/E 17.218) is in a better position.

Our Recommendation: Buy
Shows positive EPS growth from this year to next, suggesting improving profitability. Has a lower P/E ratio (17.22) than the industry average (60.88), indicating potential undervaluation. Features a lower EV/EBITDA ratio (9.45) than the industry average (15.44), indicating attractive valuation.
 

How to Buy LUG stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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