Mining Stock · LUG

Lundin GoldLUG

Live price
$78.01
-8.07% · 24h-15.25% · 7d
Data from 2014 · 832 pointsHigh (2000+): $658.50Low (2000+): $21.40
LUG · Lundin Gold price history
Drag slider · scroll to zoom832 points
The quarter in numbers · 2026-Q1

Lundin Gold Inc.'s latest quarterly report, anatomized.

Lundin Gold delivered an excellent first quarter in 2026, marked by record free cash flow and a robust balance sheet with no debt. The company achieved strong gold production and maintained competitive costs, remaining on track to meet its full-year 2026 guidance. Significant capital was returned to shareholders through dividends, and the company continues to invest in its growth pipeline, including the largest exploration program in its history and advancing the FDNS project to an inaugural reserve. The company's long-term quality is underpinned by its strong financial position, high-grade reserves, and commitment to growth and shareholder returns, though Q2 is anticipated to see lower production due to planned maintenance.

BMC scores · disclosure-based
Quality
Momentum
AI-extracted · BMC-scored · human-reviewed · high confidence
The cash machine · quarter
Revenue$567m
Operating cash flow · 65% of revenue$370m
Free cash flow · 62% of revenue$349m
Balance sheet
Cash & equivalents
$704m
Total debt
$0m
Net cash+$704m
Anatomy of an ounce · all-in sustaining cost
$1,114/oz AISC
cash cost $987 + sustaining = $1,114┆ FY guidance $1,110–$1,170
Gold production
120kozthis quarter · 479koz run-rate
FY guide 475koz▮ Q-run-rate525koz
Shareholder returns & longevity
$1.15
Dividend / share
per quarter
5.85Moz
Gold reserves
≈ 12 yrs at Q-run-rate · 7.09 g/t
Source: Lundin Gold Reports First Quarter 2026 Results · 2026-05-06Not investment advice