LUGDF Stock Financial Analysis - Lundin Gold Inc. (OTCPK) Stock

Overview

Lundin Gold Inc. is a Canadian-based precious metals mining company primarily engaged in the extraction, development, and operation of gold properties. Its flagship project is the Fruta del Norte gold mine located in southeastern Ecuador, which is one of the largest and highest-grade gold projects in the world. Since commencing production in 2019, Fruta del Norte has significantly contributed to Lundin Gold’s output and revenue, establishing the company as a key player in the global gold mining industry. Lundin Gold is committed to responsible mining practices and has implemented various environmental and social initiatives to ensure the sustainable development of its operations in Ecuador.

Quality, Value, Momentum Scores

This card shows the Quality, Value, and Momentum scores for the company

Quality

The QualityScore is a proprietary scoring model that identifies high quality companies, based on cash generating efficiencies.

Value

Proprietary scoring model that ranks companies based on their relative valuation. Scores range from 0 to 100, with 100 being the most undervalued.

Momentum

Proprietary scoring model that ranks companies on their six-month momentum.

Fund Sentiment

The Fund Sentiment (fka Ownership) score is a proprietary quantitative model that ranks companies based on levels of ownership accumulation.

QVM

The QVM Score is a proprietary scoring model that combines Quality, Value, and Momentum into a single metric that ranks companies from 0 to 100.

Income Statement: Revenue, Operating Income, Net Income

The revenue for Lundin Gold Inc. as of June 30, 2025 is 1,474.10 MM.
The operating income for Lundin Gold Inc. as of June 30, 2025 is 870.54 MM.
The net income for Lundin Gold Inc. as of June 30, 2025 is 615.09 MM.

Period End (TTM)	Revenue (MM)	Operating Income (MM)	Net Income (MM)
2025-06-30	1,474.10	870.54	615.09
2025-03-31	1,322.65	743.82	537.65
2024-12-31	1,193.05	629.60	426.05
2024-09-30	1,041.95	507.65	307.96
2024-06-30	930.03	408.92	226.03
2024-03-31	872.53	366.01	169.89
2023-12-31	902.52	390.43	179.46
2023-09-30	922.79	407.71	100.14
2023-06-30	922.04	392.77	109.03
2023-03-31	855.92	353.62	101.84
2022-12-31	815.67	334.90	73.56
2022-09-30	791.14	326.51	170.61
2022-06-30	771.47	336.36	164.61
2022-03-31	809.81	365.63	158.63
2021-12-31	733.33	321.15	221.43
2021-09-30	736.14	338.55	191.40
2021-06-30	664.29	318.36	162.51
2021-03-31	461.29	209.56	48.15
2020-12-31	358.16	151.78	-47.16
2020-09-30	168.91	54.92	-86.69
2020-06-30
2020-03-31

Income Statement: EPS

Period End (TTM)	Earnings Per Share Basic	Earnings Per Share Diluted
2025-06-30
2025-03-31
2024-12-31	1.78	1.76
2024-09-30	1.29	1.28
2024-06-30	0.95	0.94
2024-03-31	0.72	0.70
2023-12-31	0.76	0.75
2023-09-30	0.42	0.41
2023-06-30	0.46	0.46
2023-03-31	0.43	0.43
2022-12-31	0.31	0.31
2022-09-30	0.73	0.72
2022-06-30	0.70	0.69
2022-03-31	0.68	0.67
2021-12-31	0.95	0.94
2021-09-30	0.83	0.81
2021-06-30	0.70	0.70
2021-03-31	0.21	0.21
2020-12-31	-0.21	-0.21
2020-09-30	-0.38	-0.39
2020-06-30	-0.69	-0.69
2020-03-31	-0.54	-0.54

Cash Flow: Operations, Investing, Financing

The cash from operating activities for Lundin Gold Inc. as of June 30, 2025 is 862.95 MM.
The cash from investing activities for Lundin Gold Inc. as of June 30, 2025 is -107.57 MM.
The cash from financing activities for Lundin Gold Inc. as of June 30, 2025 is -499.89 MM.

Period End (TTM)	Cash From Operating Activities (MM)	Cash From Investing Activities (MM)	Cash From Financing Activities (MM)
2025-06-30	862.95	-107.57	-499.89
2025-03-31	752.35	-103.39	-521.04
2024-12-31	662.39	-93.50	-487.49
2024-09-30	559.39	-79.00	-556.92
2024-06-30	461.14	-61.62	-435.93
2024-03-31	479.31	-59.95	-304.96
2023-12-31	519.39	-53.48	-561.23
2023-09-30	560.21	-55.22	-506.54
2023-06-30	544.92	-55.23	-515.38
2023-03-31	443.25	-55.00	-514.04
2022-12-31	426.14	-60.07	-264.10
2022-09-30	400.76	-53.37	-264.22
2022-06-30	388.68	-58.78	-220.38
2022-03-31	470.00	-61.69	-165.73
2021-12-31	417.75	-63.11	-171.43
2021-09-30	404.76	-86.81	-164.11
2021-06-30	335.49	-80.06	-136.98
2021-03-31	174.89	-68.90	-69.83
2020-12-31	113.64	-79.64	-27.77
2020-09-30	15.75	-142.24	65.77
2020-06-30
2020-03-31

Valuation Metrics : PE, PriceToBook, PriceToTBV

The p/book for Lundin Gold Inc. as of June 30, 2025 is 2.58.

P/Book: The current closing price divided by the book value per share.

P/TBV: The current price divided by the tangible book value per share.

Period End (TTM)	p/e	P/Book	P/TBV
2025-06-30		2.58
2025-03-31		2.94	2.94
2024-12-31		2.93	2.93
2024-09-30	14.84	3.19	3.19
2024-06-30
2024-03-31
2023-12-31
2023-09-30
2023-06-30
2023-03-31
2022-12-31
2022-09-30
2022-06-30
2022-03-31	20.69	3.88	3.88
2021-12-31	14.73	4.01	4.01
2021-09-30	17.02
2021-06-30	20.00	4.44	4.44
2021-03-31	67.25	4.84	4.84
2020-12-31	-68.21	5.48	5.48
2020-09-30	-37.09	5.39	5.39
2020-06-30	-20.85	5.67	5.67
2020-03-31	-26.02	5.86	5.86

Valuation Metrics : EBitToEv, EBit3YrAvgToEv

The ebit/ev for Lundin Gold Inc. as of June 30, 2025 is 0.27.
The ebit (3y)/ev for Lundin Gold Inc. as of June 30, 2025 is 0.16.

Period End (TTM)	EBIT/EV	EBIT (3y)/EV
2025-06-30	0.27	0.16
2025-03-31	0.34	0.17
2024-12-31	0.14	0.09
2024-09-30	0.10	0.05
2024-06-30
2024-03-31
2023-12-31
2023-09-30
2023-06-30
2023-03-31
2022-12-31
2022-09-30
2022-06-30
2022-03-31	0.05	0.01
2021-12-31	0.07	0.01
2021-09-30	0.06	0.00
2021-06-30	0.05	-0.00
2021-03-31	0.01	-0.01
2020-12-31	-0.02	-0.02
2020-09-30	-0.02	-0.02
2020-06-30	-0.04	-0.02
2020-03-31	-0.03	-0.02

Management Effectiveness

The roa for Lundin Gold Inc. as of June 30, 2025 is 0.39.
The roe for Lundin Gold Inc. as of June 30, 2025 is 0.51.
The roic for Lundin Gold Inc. as of June 30, 2025 is 0.41.
The croic for Lundin Gold Inc. as of June 30, 2025 is 0.10.
The ocroic for Lundin Gold Inc. as of June 30, 2025 is 0.58.

Period End (TTM)	ROA	ROE	ROIC	CROIC	OCROIC
2025-06-30	0.39	0.51	0.41	0.10	0.58
2025-03-31	0.28	0.44	0.37	0.07	0.58
2024-12-31	0.21	0.32	0.24	-0.06	0.43
2024-09-30	0.15	0.24	0.16	-0.03	0.32
2024-06-30		0.19
2024-03-31		0.21
2023-12-31			0.11	-0.00
2023-09-30			0.12	-0.03
2023-06-30		0.12
2023-03-31		0.12
2022-12-31
2022-09-30		0.00
2022-06-30		0.00	0.00
2022-03-31	0.11	0.24	0.10	0.15	0.29
2021-12-31	0.15	0.38	0.14	0.12	0.27
2021-09-30	0.13		0.26	0.20	0.54
2021-06-30	0.12		0.11	0.08	0.22
2021-03-31	0.03	0.09	0.03	0.03	0.12
2020-12-31	-0.03	-0.10	-0.03	0.00	0.08
2020-09-30	-0.06	-0.17	-0.06	-0.04	0.01
2020-06-30	-0.11	-0.27	-0.11	-0.13	-0.01
2020-03-31	-0.11	-0.20	-0.09	-0.02	-0.01

Gross Margins

The gross margin for Lundin Gold Inc. as of June 30, 2025 is 0.72.
The net margin for Lundin Gold Inc. as of June 30, 2025 is 0.41.
The operating margin for Lundin Gold Inc. as of June 30, 2025 is 0.56.

Gross Margin: The Gross Margin is the ratio of revenue left after substracting the Cost of Goods Sold. It is calculated as 1.0 - (Revenue - COGS ) / Revenue.

Net Margin: The Net Margin (aka Profit Margin) is the ratio of revenue left after substracting the Net Income. It is calculated as Net Income / Revenue.

Operating Margin: The Operaing Margin is the ratio of revenue left after substracting the Operating Income. It is calculated as Operating Income / Revenue.

Period End (TTM)	Gross Margin	Net Margin	Operating Margin
2025-06-30	0.72	0.41	0.56
2025-03-31	0.86	0.36	0.86
2024-12-31	0.67	0.30	0.49
2024-09-30	0.64	0.24	0.44
2024-06-30
2024-03-31
2023-12-31
2023-09-30		0.12	0.43
2023-06-30		0.12	0.43
2023-03-31		0.12	0.41
2022-12-31
2022-09-30
2022-06-30		0.00	0.00
2022-03-31	0.64	0.20	0.45
2021-12-31
2021-09-30
2021-06-30	0.65	0.24	0.47
2021-03-31	0.63	0.10	0.44
2020-12-31	0.62	-0.13	0.41
2020-09-30	0.58	-0.51	0.30
2020-06-30	0.37	-3.08	-0.31
2020-03-31	0.45	-3.27	-0.46

SE:LUG	SEK582.00
GB:0R4M	SEK637.00
DE:F1YN	€58.05
CA:LUG	CA$93.80
GB:LUGS