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TSE:LUG

Lundin Gold Inc. (LUG.TO)

76.81
+0.82 (1.08%)
as of Jun 12, 2026, 8:00:00 pm Market Open.
41 watching
0
Investor Insights
star iconJun 15, 2026, 12:00 am

This summary was created by AI, based on 2 opinions in the last 12 months.

Lundin Gold Inc. (LUG-T) has exhibited impressive financial performance, with revenue and net income growth of 38% and 53%, respectively. The company's margins stand at a robust 71%, supported by strong production figures. It currently offers a dividend yield of close to 4%, distributing 100% of its normalized free cash flow. However, the stock presents certain risks associated with its single mine operations in Ecuador, raising concerns about political and operational stability. While Lundin Gold has significantly outperformed the TSX over the past year, trading at a historically high 30x PE, investors are advised to size their positions carefully, considering the inherent risks involved.

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Consensus
Cautious
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Valuation
Overvalued
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Similar
FNV, FNV
RISKY

Pullback of 25% from highs is in the range of many in the sector. Impressive numbers, strong production, 71% margins, revenue up 38%, net income up 53%. Paying out 100% of normalized FCF as dividends. 

Single mine in Equador, and that's the risk. She wants diversification. Political and operational risk in one mine. If you can stomach that, size your position accordingly. Yield is close to 4%.

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It's a Monthly Gems opinion which is available only for Stockchase Premium

Curated by Allan Tong since 2019.
99+ opinions with 4.15 rating.

TOP PICK

If you don't want to own the shiny rock itself, then consider LUG (not LUN-T). LUG is up 120% in the past year compared to the TSX's 27%. Thanks to robust free cash flows, Lundin Gold pays a safe 3.31% dividend. However, LUN currently trades at an historically high 30x PE, so the market is baking in strong performance going forward. The stock has cleanly beaten its last four quarters during which EPS rose from $0.64 in Q1 to $0.96 in Q4.

BUY

Highly ranked stock acting extremely well. RSI doing well. Stock's currently in an uptrend, and gold is trending upward. Gold is consolidating around $3000. 

HOLD
Discovery in Ecuador. If anyone can put things together in Latin America, it's them. Massively high grade mine. Really good long-term hold.
TOP PICK
They are ramping up in Ecuador. He has been waiting 10-12 years for this project to work. It is now up and running. He thinks you will see a big re-rating of the stock. It should be trading for a significant premium to the sector. He thinks there will be a seven year mine life but in seven years it will still have a seven year mine life. He sees $10-$12 in the future. (Analysts’ price target is $8.99)
DON'T BUY
Mining for gold in Ecuador. Production expected this year. BHP and Newcrest have taken a stake in the area as well. It is a highly prospective area. There is still plenty of geopolitical risk. Taxes and royalty structures could change negatively.
COMMENT

A gold developer in Ecuador. Their project is 7 million ounces, 8-9 g per ton, so a very high grade underground development. It appears that they have the backing of the government to go ahead now, and there is nothing you can find bad with the assets. Where he struggles to find value is that they are developing an asset in a country that doesn’t have much modern mining in an area that is relatively infrastructure poor. There is going to be a period where they are spending capital for 2-3 years, which tends to be a time when gold stocks don’t do much. It is 17% IRR. There are other gold developers he would be looking at, giving a better rate of return.

DON'T BUY

Ecuador is becoming more mining friendly, but he is suspicious and it seems the government is reactionary and he does not trust what they are doing. He is leery about putting his money into this country.

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Lundin Gold Inc. (LUG.TO) Frequently Asked Questions

What is Lundin Gold Inc. stock symbol?

Lundin Gold Inc. is a Canadian stock, trading under the symbol LUG.TO (previously LUG-T on Stockchase) on the Toronto Stock Exchange (LUG-CT). It is usually referred to as TSX:LUG or LUG.TO

Is Lundin Gold Inc. a buy or a sell?

In the last year, 2 stock analysts issued a Buy, Sell, or Hold rating on LUG.TO (previously LUG-T on Stockchase). 2 analysts recommended to BUY and 0 analysts recommended to SELL the stock. The latest stock analyst rating is DON'T BUY. Read the latest stock experts' ratings for Lundin Gold Inc..

Is Lundin Gold Inc. a good investment or a top pick?

Lundin Gold Inc. was recommended as a Top Pick by Brent Cook on 2015-03-04. Read the latest stock experts ratings for Lundin Gold Inc..

Why is Lundin Gold Inc. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Lundin Gold Inc..

Is Lundin Gold Inc. worth watching?

Lundin Gold Inc. is followed by 41 investors on Stockchase and is a trending stock that is worth watching.

What is Lundin Gold Inc. stock price?

On 2026-06-12, Lundin Gold Inc. (LUG.TO) stock closed at a price of $76.81.