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.
Research context
Lundin Gold Inc appears in PyInvesting’s Toronto Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- CAD
- Sector
- Basic Materials
- Industry
- Gold
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5 years, 6 months ago
Lundin Gold Inc is currently in a long term downtrend where the price is trading 6.5% below its 200 day moving average.
From a valuation standpoint, the stock is 98.9% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 5.3.
Lundin Gold Inc's total revenue rose by inf% to $189M since the same quarter in the previous year.
Its net income has increased by 97.0% to $-1M since the same quarter in the previous year.
Finally, its free cash flow grew by 108.8% to $36M since the same quarter in the previous year.
Based on the above factors, Lundin Gold Inc gets an overall score of 4/5.