Lundin Gold Inc.

LUG-T

Analysis and Opinions about LUG-T

Signal
Opinion
Expert
HOLD
HOLD
January 23, 2020
Discovery in Ecuador. If anyone can put things together in Latin America, it's them. Massively high grade mine. Really good long-term hold.
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Lundin Gold Inc. (LUG-T)
January 23, 2020
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
TOP PICK
December 30, 2019
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)
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Lundin Gold Inc. (LUG-T)
December 30, 2019
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
DON'T BUY
October 16, 2019
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.
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Lundin Gold Inc. (LUG-T)
October 16, 2019
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
COMMENT
July 26, 2016

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.

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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
DON'T BUY
March 4, 2015

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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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-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 2

Stockchase rating for Lundin Gold Inc. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Lundin Gold Inc.(LUG-T) Frequently Asked Questions

What is Lundin Gold Inc. stock symbol?

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

Is Lundin Gold Inc. a buy or a sell?

In the last year, 2 stock analysts published opinions about LUG-T. 0 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is HOLD. 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 Jaime Carrasco on 2020-01-23. 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 help on deciding if you should buy, sell or hold the stock.

Is Lundin Gold Inc. worth watching?

2 stock analysts on Stockchase covered Lundin Gold Inc. In the last year. It is a trending stock that is worth watching.

What is Lundin Gold Inc. stock price?

On 2020-09-17, Lundin Gold Inc. (LUG-T) stock closed at a price of $11.84.