Lundin Gold Inc. (LUG) to Distribute Quarterly Dividend of $1.09 on September 25th

Lundin Gold Inc. (TSE:LUG) declared a quarterly dividend on Thursday, September 10th. Shareholders of record on Friday, September 25th will be given a dividend of 1.0934 per share on Friday, September 25th. This represents a c) annualized dividend and a yield of 4.4%. The ex-dividend date is Thursday, September 10th. This is a 20.2% increase from Lundin Gold’s previous quarterly dividend of $0.91.

Lundin Gold Price Performance

Shares of TSE LUG opened at C$99.88 on Tuesday. Lundin Gold has a twelve month low of C$71.51 and a twelve month high of C$130.98. The firm has a market cap of C$24.15 billion, a PE ratio of 25.94 and a beta of 1.64. The business has a fifty day simple moving average of C$87.37 and a two-hundred day simple moving average of C$94.58.

Lundin Gold (TSE:LUG) last announced its quarterly earnings results on Thursday, August 6th. The company reported C$1.19 EPS for the quarter. The firm had revenue of C$678.70 million for the quarter. Lundin Gold had a return on equity of 81.63% and a net margin of 46.31%. On average, research analysts expect that Lundin Gold will post 2.5603448 earnings per share for the current year.

Lundin Gold Company Profile

Lundin Gold, headquartered in Vancouver, Canada, owns the Fruta del Norte gold mine in southeast Ecuador. Fruta del Norte is among the highest-grade operating gold mines in the world. The Company’s board and management team have extensive expertise and are dedicated to operating Fruta del Norte responsibly. The Company operates with transparency and in accordance with international best practices. Lundin Gold is committed to delivering value to its shareholders through operational excellence and growth, while simultaneously providing economic and social benefits to impacted communities, fostering a healthy and safe workplace and minimizing the environmental impact.