LUG.TO - Lundin Gold Inc.

Toronto - Toronto Delayed Price. Currency in CAD
12.48
+0.29 (+2.38%)
At close: 4:00PM EDT
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Previous Close12.19
Open12.29
Bid12.44 x 0
Ask12.52 x 0
Day's Range12.13 - 12.53
52 Week Range5.82 - 13.49
Volume237,333
Avg. Volume393,369
Market Cap2.869B
Beta (5Y Monthly)1.26
PE Ratio (TTM)N/A
EPS (TTM)-0.54
Earnings DateAug. 07, 2020 - Aug. 11, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est10.63
  • Lundin Gold Restarts Operations at Fruta Del Norte and Provides 2020 Outlook
    CNW Group

    Lundin Gold Restarts Operations at Fruta Del Norte and Provides 2020 Outlook

    VANCOUVER, BC , July 5, 2020 /CNW/ - Lundin Gold Inc. ("Lundin Gold" or the "Company") (LUG.TO) (Nasdaq Stockholm: LUG) is pleased to announce that operations at its Fruta del Norte gold mine in Ecuador ("Fruta del Norte") have restarted. The Company anticipates resuming regular shipping of concentrate to the port within the next few days. The Company's activities include strict COVID-19 protocols intended to minimize risks to the health and safety of all personnel, contractors, and local communities.

  • Lundin Gold Share Capital and Voting Rights Update
    CNW Group

    Lundin Gold Share Capital and Voting Rights Update

    VANCOUVER, BC , June 30, 2020 /CNW/ - Lundin Gold Inc. ("Lundin Gold" or the "Company") (LUG.TO) (Nasdaq Stockholm: LUG) reports the following in accordance with the Swedish Financial Instruments Trading Act. The Company has 229,865,083 common shares issued and outstanding with voting rights as at June 30 , 2020. This figure may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change in their interest in, the Company under the Swedish Financial Instruments Trading Act on disclosure of major shareholdings (Transparency Rules).

  • Lundin Gold Announces Voting Results from Annual Meeting
    CNW Group

    Lundin Gold Announces Voting Results from Annual Meeting

    VANCOUVER, BC , June 24, 2020 /CNW/ -  Lundin Gold Inc.  ("Lundin Gold" or the "Company") (TSX: LUG) (Nasdaq Stockholm: LUG) is pleased to report the voting results from the Company's ...

  • CNW Group

    S&P Dow Jones Indices Announces Changes to the S&P/TSX Composite Index and S&P/TSX 60 Index

    S&P Dow Jones Indices Announces Changes to the S&P/TSX Composite Index and S&P/TSX 60 Index

  • Lundin Gold Closes C$57.5 Million Bought Deal Financing
    CNW Group

    Lundin Gold Closes C$57.5 Million Bought Deal Financing

    VANCOUVER, BC, June 11, 2020 /CNW/ - Lundin Gold Inc. ("Lundin Gold" or the "Company") (TSX:LUG.TO - News) (Nasdaq Stockholm: LUG) is pleased to report that it has closed the previously announced bought deal equity offering (the "Offering"). The Offering was completed pursuant to a short form prospectus dated June 8, 2020 (the "Prospectus") in all the provinces and territories of Canada (other than Quebec), and in the United States on a private placement basis pursuant to an exemption from the registration requirements of the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act") and applicable state securities laws and other jurisdictions outside of Canada on an exempt basis. The net proceeds of the Offering are planned to be used to study increased throughput, resource expansion potential at Fruta del Norte, as well as for potential COVID-19 related costs and for general working capital purposes, as more fully described in the Prospectus.

  • The Canadian Press

    Most actively traded companies on the TSX

    TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange:Toronto Stock Exchange (15,236.21, up 43.38 points.)Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Up 56 cents, or 2.23 per cent, to $25.71 on 21.6 million shares.HEXO Corp. (TSX:HEXO). Health care. Up eight cents, or 9.41 per cent, to 93 cents on 11.6 million shares.Freegold Ventures Ltd. (TSX:FVL). Materials. Up nine cents, or 18 per cent, to 59 cents on 9.1 million shares.Bombardier Inc. (TSX:BBD.B). Industrials. Up half a cent, or 1.12 per cent, to 45 cents on 6.8 million shares.Air Canada (TSX:AC). Industrials. Up 51 cents, or 3.21 per cent, to $16.41 on 6.4 million shares.The Green Organic Dutchman Holdings. (TSX:TGOD). Health care. Down half a cent, or 1.15 per cent, to 43 cents on 6.2 million shares.Companies in the news:Bombardier Inc. — Bombardier Inc. has completed the sale of its regional jet business to Mitsubishi Heavy Industries Ltd. for US$550 million, cementing the plane maker's departure from commercial aviation following a three-decade run. The sale of its CRJ aircraft series paves the way for Bombardier to focus on its sole future income stream — private jets — as the company ramps production back up following factory closures during the COVID-19 pandemic, which cost the company up to US$800 million last quarter.BCE Inc. (TSX:BCE). Down 12 cents to $57.11. Bell Canada will sell most of its data centres for $1.04 billion to California-based Equinix Inc., which provides locations to house equipment for cloud computing and internet services. Montreal-based Bell, the main subsidiary of BCE Inc., will also form a partnership that provides about 600 clients of Bell Business Markets with full access to the Equinix platform. Lin said Equinix has been operating in Canada for about a decade, mostly in the Toronto area, but sees the acquisition as a way to expand geographically and gain more than 500 new customers currently with Bell.Reitmans (Canada) Ltd. (TSX:RET.A). Unchanged at 7.5 cents. Reitmans (Canada) Ltd. will close two of its retail chains and lay off roughly 1,400 workers as the company continues a restructuring amid the pandemic. Montreal-based Reitmans said Monday that it will shutter its 77 Addition Elle stores on Aug. 15 and 54 Thyme Maternity locations on July 18. The company will liquidate the brands' merchandise and wind down their websites when the stores will close. As part of the closures, about 1,100 retail and 300 Montreal head office workers will lose their jobs.Lundin Gold Inc. (TSX:LUG). Down 42 cents or 3.4 per cent to $12.03. Lundin Gold Inc. says it is moving to restart operations at its Fruta del Norte project in Ecuador after suspending operations on March 22 due to the pandemic. The company says it has started moving supplies to the mine. It has also instituted a strict protocol for personnel movement. The company says a seven-day quarantine period followed by a negative test for the virus is required before an employee or contractor will be allowed to enter Fruta del Norte. While operations have been suspended, Lundin says workers have been carrying out several projects and maintenance work in preparation for the restart of operations.Cineplex Inc. (TSX:CGX). Down 56 cents, or 3.8 per cent to $13.99. Cineplex Inc. says the Investment Canada Act review of its deal to be acquired by Cineworld Group has been extended to June 15. The review period had been set to end Monday. The deadline to complete the $2.8-billion sale of the company to Cineworld is June 30. The deal is subject to several conditions including approval under the Investment Canada Act. Cineplex says if the conditions are not satisfied or waived by the deadline the deal will not be completed. The company, like nearly all movie exhibitors, has faced a virtual shutdown since mid-March.This report by The Canadian Press was first published June 1, 2020.The Canadian Press

  • The Canadian Press

    Lundin Gold restarting Fruta del Norte after suspending operations in March

    VANCOUVER — Lundin Gold Inc. says it is moving to restart operations at its Fruta del Norte project in Ecuador after suspending operations on March 22 due to the pandemic.The company says it has started moving supplies to the mine.It has also instituted a strict protocol for personnel movement.The company says a seven-day quarantine period followed by a negative test for the virus is required before an employee or contractor will be allowed to enter Fruta del Norte.While operations have been suspended, Lundin says workers have been carrying out several projects and maintenance work in preparation for the restart of operations.It says the SAG mill was relined, maintenance of underground dewatering equipment took place and infrastructure and mill modifications to improve mill recoveries were made.This report by The Canadian Press was first published June 1, 2020.Companies in this story: (TSX:LUG) The Canadian Press

  • Lundin Gold Begins Steps to Resume Operations at Fruta Del Norte
    CNW Group

    Lundin Gold Begins Steps to Resume Operations at Fruta Del Norte

    VANCOUVER, June 1, 2020 /CNW/ - Lundin Gold Inc. ("Lundin Gold" or the "Company") (TSX: LUG, Nasdaq Stockholm: LUG) is pleased to announce that its first phases for restart of operations at Fruta del Norte ("Fruta del Norte" or the "Mine") are well underway. The Company has shipped all of the concentrate and doré that had been stored at site since the suspension of operations on March 22, 2020. On May 15, 2020, Ecuador's national government issued COVID-19 protocols that set out health and safety guidelines for the mining industry in order to enable operations to restart.

  • Buy This Gold Miner to Today and Profit in 2021
    The Motley Fool

    Buy This Gold Miner to Today and Profit in 2021

    The outlook for gold miners is particularly positive, making now the time to buy Lundin Gold Inc. (TSX:LUG) to earn outsized returns over the next year.The post Buy This Gold Miner to Today and Profit in 2021 appeared first on The Motley Fool Canada.

  • Baystreet

    Stocks in play: Lundin Gold Inc.

    Has entered into an agreement with BMO Capital Markets, under which BMO has agreed to buy on a bought ...

  • GlobeNewswire

    Lundin Gold Inc. Announces C$50 Million Bought Deal Financing

    Lundin Gold Inc. ("Lundin Gold" or the "Company") (TSX: LUG, Nasdaq Stockholm: LUG) has announced today that it has entered into an agreement with BMO Capital Markets (“BMO”), under which BMO has agreed to buy on a bought deal basis 4,150,000 common shares (the “Common Shares”), at a price of C$12.05 per Common Share for gross proceeds of approximately C$50 million (the “Offering”). The Company has granted BMO an option, exercisable at the offering price for a period of 30 days following the closing of the Offering, to purchase up to an additional 15% of the Offering to cover over-allotments, if any. The offering is expected to close on or about June 11, 2020 and is subject to Lundin Gold receiving all necessary regulatory approvals.

  • 1 Top Canadian Gold Mining Stock to Buy Today
    The Motley Fool

    1 Top Canadian Gold Mining Stock to Buy Today

    Canadian gold mining stocks will perform strongly, making now the time to buy attractively valued Lundin Gold Inc. (TSX:LUG).The post 1 Top Canadian Gold Mining Stock to Buy Today appeared first on The Motley Fool Canada.

  • Lundin Gold Annual General Meeting To Be Held June 24, 2020
    CNW Group

    Lundin Gold Annual General Meeting To Be Held June 24, 2020

    VANCOUVER, May 15, 2020 /CNW/ - Lundin Gold Inc. ("Lundin Gold" or the "Company") (TSX: LUG, Nasdaq Stockholm: LUG) announces that its Annual General Meeting of Shareholders will be held at the offices of Blake, Cassels & Graydon LLP, Suite 2600, 595 Burrard Street, Vancouver, British Columbia on Wednesday, June 24, 2020 at 10:00 a.m. (Pacific time). Due to the COVID-19 pandemic, to mitigate risk to the health and safety of our communities, shareholders and employees, the Company requests that shareholders not attend the Meeting in person. The Company encourages shareholders to instead vote their shares in advance of the Meeting.

  • Lundin Gold Reports Q1 2020 Results
    CNW Group

    Lundin Gold Reports Q1 2020 Results

    VANCOUVER, May 7, 2020 /CNW/ - Lundin Gold Inc. ("Lundin Gold" or the "Company") (TSX: LUG, Nasdaq Stockholm: LUG) is pleased to announce its results for the first quarter ended March 31, 2020. "The Company is contributing to the fight against the pandemic and has partnered with the provincial and local health authorities to provide aid to the local communities in response to COVID-19." Gold production totalled 51,320 ounces ("oz"), of which 37,568 oz were produced as concentrate and 13,752 oz were produced in the form of doré.

  • Lundin Gold Reports Purchase of the Existing Gold Prepay and Stream Facilities and Related Offtake by Newcrest
    CNW Group

    Lundin Gold Reports Purchase of the Existing Gold Prepay and Stream Facilities and Related Offtake by Newcrest

    VANCOUVER , April 29, 2020 /CNW/ - Lundin Gold Inc. ("Lundin Gold" or the "Company") (TSX: LUG, Nasdaq Stockholm: LUG) announced today that Newcrest Mining Limited ("Newcrest") has acquired the project financing package provided to Lundin Gold's Fruta del Norte mine ("Fruta del Norte") in Ecuador by Orion Mine Finance Group ("Orion") and funds managed by Blackstone Tactical Opportunities ("Blackstone"). The Orion and Blackstone project financing package, which was put in place in 2017, is comprised of a gold prepay credit facility for $150 million , a stream loan credit facility of $150 million and an offtake agreement for 50% of gold production from Fruta del Norte, up to a maximum of 2.5 million ounces.

  • This Gold Miner Soared 33% in 1 Month: Is it Time to Buy?
    The Motley Fool

    This Gold Miner Soared 33% in 1 Month: Is it Time to Buy?

    Even after rallying sharply over the last month and being forced to shutter operations because of the coronavirus, Lundin Gold Inc. (TSX:LUG) is attractively valued, making now the time to buy.The post This Gold Miner Soared 33% in 1 Month: Is it Time to Buy? appeared first on The Motley Fool Canada.

  • Lundin Gold Temporarily Suspends Operations at Fruta del Norte
    CNW Group

    Lundin Gold Temporarily Suspends Operations at Fruta del Norte

    VANCOUVER , March 22, 2020 /CNW/ - Lundin Gold Inc. ("Lundin Gold" or the "Company") (TSX: LUG, Nasdaq Stockholm: LUG) announced that the Company is temporarily suspending operations at its Fruta del Norte gold mine in Ecuador amid growing concerns regarding the spread of COVID-19 in the country. "The situation in Ecuador has changed rapidly over the last few days," said Ron Hochstein , Lundin Gold President and CEO. During the suspension, the Company will maintain a workforce at Fruta del Norte to conduct care and maintenance activities and special projects in order to minimize the impacts of this temporary shutdown  As the situation is dynamic and dependent on actions by both the local and national governments, the Company cannot currently indicate the duration of the temporary suspension on the Company's operations nor its full impact.

  • Lundin Gold COVID-19 Response
    CNW Group

    Lundin Gold COVID-19 Response

    VANCOUVER , March 19, 2020 /CNW/ - Lundin Gold Inc. ("Lundin Gold" or the "Company") (TSX: LUG, Nasdaq Stockholm: LUG) announced today that it is continuing to manage and respond to the risks posed by COVID-19 in compliance with national health authority requirements and recommendations. The health and safety of the Company's employees are paramount at this time. While operations are continuing at the Company's Fruta del Norte gold mine in Ecuador , Lundin Gold is closely monitoring the potential impact on its business of the spread of COVID-19 in Ecuador and measures adopted by the Government of Ecuador ("GOE") in response to the virus.

  • Profit from Market Fear and Buy This Gold Miner Today
    The Motley Fool

    Profit from Market Fear and Buy This Gold Miner Today

    Buy Lundin Gold Inc. (TSX:LUG) today to profit from higher gold in 2020.

  • CNW Group

    IIROC Trade Resumption - LUG

    TORONTO , Feb. 20, 2020 /CNW/ - Trading resumes in: Company: Lundin Gold Inc. TSX Symbol: LUG Resumption (ET): 10:50:40 AM IIROC can make a decision to impose a temporary suspension (halt) of trading in ...

  • CNW Group

    IIROC Trading Halt - LUG

    TORONTO , Feb. 20, 2020 /CNW/ - The following issues have been halted by IIROC: Company: Lundin Gold Inc. TSX Symbol: LUG Reason: Single-Stock Circuit Breaker Halt Time (ET): 10:45:40 AM IIROC can make ...

  • Lundin Gold's Fruta del Norte Produced 28,678 Ounces of Gold in 2019
    CNW Group

    Lundin Gold's Fruta del Norte Produced 28,678 Ounces of Gold in 2019

    VANCOUVER , Jan. 9, 2020 /CNW/ - Lundin Gold Inc. ("Lundin Gold" or the "Company") (TSX: LUG, Nasdaq Stockholm: LUG) is pleased to report that ramp up to commercial production is on schedule and on budget at its Fruta del Norte gold project ("Fruta del Norte"). Of the total gold production, 3,411 oz were produced in the form of doré and 25,267 oz produced as concentrate.

  • Get Ready for This Junior Gold Miner to Soar in 2020
    The Motley Fool

    Get Ready for This Junior Gold Miner to Soar in 2020

    Lundin Gold Inc. (TSX:LUG) will rally significantly once commercial production commences.

  • Lundin Gold Announces First Export of Gold Concentrate and Doré
    CNW Group

    Lundin Gold Announces First Export of Gold Concentrate and Doré

    VANCOUVER , Dec. 13, 2019 /CNW/ - Lundin Gold Inc. ("Lundin Gold" or the "Company") (TSX: LUG, Nasdaq Stockholm: LUG) reports the first export of gold concentrate and doré bars from Ecuador. Shortly thereafter, on December 12 th, the Company also shipped its first doré bars to a refinery in Switzerland . Lundin Gold , headquartered in Vancouver, Canada , owns the Fruta del Norte gold project in southeast Ecuador.

  • Lundin Gold Reports Increase in Positions by Major Shareholders
    CNW Group

    Lundin Gold Reports Increase in Positions by Major Shareholders

    VANCOUVER , Dec. 5, 2019 /CNW/ -  Lundin Gold Inc.  ("Lundin Gold" or the "Company") (TSX: LUG, Nasdaq Stockholm: LUG) reports that its two largest shareholders have each agreed to ...