CA - Lundin Gold: Impressive Cash Flows And Healthy Reserves

2024-04-16 17:42:39 ET

Summary

• Lundin Gold is a mid-cap gold producer that is listed in Canada and Sweden, the company owns the low-cost Fruta del Norte gold mine in Ecuador.
• The mine has had an impressive operating performance since commercial production began in 2020.
• The company has a clean balance sheet, is generating consistent free cash flow, and is expected to boost production slightly from 2025.

Overview

Lundin Gold ( OTCQX:LUGDF ) is a mid-cap gold mining company listed in Canada ( LUG:CA ) and Sweden, which is headquartered in Vancouver, BC, Canada. The reporting currency is U.S. Dollars. The company is a single asset producer that owns the low-cost Fruta del Norte gold mine in Ecuador....

For further details see: