Lundin Gold Inc.

Toronto Stock Exchange LUG.TO

Lundin Gold Inc. Interest Coverage Ratio for the year ending December 31, 2023: 17.06

Lundin Gold Inc. Interest Coverage Ratio is 17.06 for the year ending December 31, 2023, a 52.70% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Lundin Gold Inc. Interest Coverage Ratio for the year ending December 31, 2022 was 11.17, a 18.95% change year over year.
Lundin Gold Inc. Interest Coverage Ratio for the year ending December 31, 2021 was 9.39, a 110.06% change year over year.
Lundin Gold Inc. Interest Coverage Ratio for the year ending December 31, 2020 was 4.47.

Key data

Date	Interest Coverage Ratio	Debt to Equity Ratio	Interest Expense To Sales	Inventory Turnover Ratio

Toronto Stock Exchange: LUG.TO

Lundin Gold Inc.

CEO	Mr. Ronald F. Hochstein B.Sc., MBA, P.Eng.
IPO Date	Aug. 8, 1996
Location	Canada
Headquarters	885 West Georgia Street
Employees	1,893
Sector	Materials
Industries Mining Gold

Description

Lundin Gold Inc. operates as a mining company in Canada. The company holds interests in 27 metallic mineral concessions and three construction material concessions covering an area of approximately 64,270 hectares located in Southeast Ecuador. It primary holds interests in the Fruta del Norte gold project comprising seven concessions covering an area of approximately 5,566 hectares located near the city of Loja in Ecuador. The company was formerly known as Fortress Minerals Corp. and changed its name to Lundin Gold Inc. in December 2014. Lundin Gold Inc. was incorporated in 1986 and is headquartered in Vancouver, Canada.

Key trends

Past 5 years