LI

Lundin Gold Inc

LUG.NE
TSXMaterials
$85.39
USD
-1.27(-1.47%)
At close: May 19, 00:00 UTC
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Market Snapshot

Market Cap

$23.2B

P/E Ratio

16.7

EPS

3.27

Revenue

$1.78B

Employees

197

About

Lundin Gold, Inc. operates as a natural resource mining company, which engages in the acquisition, exploration, and development of gold, base, and precious metal properties. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2001-08-20. The firm owns the Fruta del Norte (FDN) gold mine in southeast Ecuador. The firm also owns a portfolio of highly prospective exploration properties close to FDN. The deposit is hosted in the La Zarza concession, located in the 38 square kilometer (km2) Suarez Pull-Apart Basin. Fruta del Norte is an underground mine, producing gold concentrate and dore. The Fruta del Norte deposit is located within a 150 km-long coppergold metallogenic sub-province in the Cordillera del Condor region in southeastern Ecuador. The Company’s properties in Southeast Ecuador consist of over 27 metallic mineral concessions and three construction materials concessions. From this, Fruta del Norte consists of seven concessions covering an area of approximately 5,566 hectares and is located approximately 142 km east-northeast of the City of Loja in southeastern Ecuador. The Fruta del Norte deposit is an intermediate sulphidation epithermal gold-silver deposit.

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