Lundin Gold Stock Today
LUG Stock | CAD 19.00 0.09 0.48% |
Performance11 of 100
| Odds Of DistressLess than 1
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Lundin Gold is selling at 19.00 as of the 23rd of April 2024; that is 0.48 percent increase since the beginning of the trading day. The stock's open price was 18.91. Lundin Gold has a very small chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Lundin Gold are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of March 2024 and ending today, the 23rd of April 2024. Click here to learn more.
Business Domain Materials | Category Basic Materials |
The company holds interests in 30 mining concessions covering an area of approximately 64,406 hectares located in Southeast Ecuador. Lundin Gold Inc. was incorporated in 1986 and is headquartered in Vancouver, Canada. LUNDIN GOLD operates under Industrial Metals Minerals classification in Canada and is traded on Toronto Stock Exchange. The company has 238.82 M outstanding shares of which 820.45 K shares are now shorted by private and institutional investors with about 2.19 days to cover all short positions. More on Lundin Gold
Moving together with Lundin Stock
0.79 | OSI | Osino Resources Corp | PairCorr |
Moving against Lundin Stock
0.49 | DYA | DynaCERT | PairCorr |
0.46 | DFR | Diamond Fields Resources | PairCorr |
Follow Valuation Profit Patterns Odds of Bankruptcy
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Lundin Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Lundin Gold's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Lundin Gold or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
President CEO, Director | Ronald Hochstein | ||||
Business Concentration | Metals & Mining, Materials, Basic Materials, Materials, Metals & Mining, Industrial Metals & Minerals, Basic Materials (View all Sectors) | ||||
Lundin Gold's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Lundin Gold's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Lundin Gold's financial leverage. It provides some insight into what part of Lundin Gold's total assets is financed by creditors.
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Lundin Gold (LUG) is traded on Toronto Exchange in Canada and employs 22 people. Lundin Gold is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 4.52 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Lundin Gold's market, we take the total number of its shares issued and multiply it by Lundin Gold's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Lundin Gold operates under Metals & Mining sector and is part of Materials industry. The entity has 238.82 M outstanding shares of which 820.45 K shares are now shorted by private and institutional investors with about 2.19 days to cover all short positions.
Lundin Gold has accumulated about 262.61 M in cash with 560.21 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.13.
Check Lundin Gold Probability Of Bankruptcy
Ownership AllocationLundin Gold holds a total of 238.82 Million outstanding shares. Lundin Gold holds significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Lundin Ownership Details
Lundin Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Lundin Gold jumping above the current price in 90 days from now is about 11.11%. The Lundin Gold probability density function shows the probability of Lundin Gold stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon the stock has a beta coefficient of 1.5062. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Lundin Gold will likely underperform. Additionally, lundin Gold has an alpha of 0.3046, implying that it can generate a 0.3 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Lundin Gold to move above the current price in 90 days from now is about 11.11 (This Lundin Gold probability density function shows the probability of Lundin Stock to fall within a particular range of prices over 90 days) .
Lundin Gold Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Lundin Gold market risk premium is the additional return an investor will receive from holding Lundin Gold long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Lundin Gold. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Lundin Gold's alpha and beta are two of the key measurements used to evaluate Lundin Gold's performance over the market, the standard measures of volatility play an important role as well.
Mean Deviation | 2.05 | |||
Semi Deviation | 2.21 | |||
Standard Deviation | 2.67 | |||
Variance | 7.13 |
Lundin Stock Against Markets
Picking the right benchmark for Lundin Gold stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Lundin Gold stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Lundin Gold is critical whether you are bullish or bearish towards Lundin Gold at a given time. Please also check how Lundin Gold's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Lundin Gold without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Lundin Gold Corporate Directors
Lundin Gold corporate directors refer to members of a Lundin Gold board of directors. The board of directors generally takes responsibility for the Lundin Gold's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Lundin Gold's board members must vote for the resolution. The Lundin Gold board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.Ashley Heppenstall | Lead Independent Director | Profile | |
Pablo Mir | Independent Director | Profile | |
Carmela Daniele | Independent Director | Profile | |
Ian Gibbs | Independent Director | Profile |
How to buy Lundin Stock?
Before investing in Lundin Gold, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Lundin Gold. To buy Lundin Gold stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Lundin Gold. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Lundin Gold stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Lundin Gold stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Lundin Gold stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Lundin Gold, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Lundin Gold?
The danger of trading Lundin Gold is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Lundin Gold is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Lundin Gold. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Lundin Gold is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lundin Gold. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Note that the Lundin Gold information on this page should be used as a complementary analysis to other Lundin Gold's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Complementary Tools for Lundin Stock analysis
When running Lundin Gold's price analysis, check to measure Lundin Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lundin Gold is operating at the current time. Most of Lundin Gold's value examination focuses on studying past and present price action to predict the probability of Lundin Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lundin Gold's price. Additionally, you may evaluate how the addition of Lundin Gold to your portfolios can decrease your overall portfolio volatility.
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