Lundin Gold Inc.

Listed on Toronto Stock Exchange (TSX)

Owner and operator of the high-grade Fruta del Norte gold mine in Ecuador.

Company site

Market Cap$14.34B

Enterprise Value$13.64B

Cash$700.61M

Debt--

Listed OnToronto Stock Exchange (TSX)

Shares Outstanding241.83M

Reporting DateJul 31, 2026

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Mine

Latest Coverage

Aug 7, 2026

Lundin Gold’s Cash Returns Now Compete With Fruta del Norte’s Expansion

Lundin Gold generated $96 million of Q2 free cash flow and kept 2026 guidance intact while returning extraordinary capital to shareholders. With FDNS development and a mill expansion moving toward a late-2026 investment decision, the company now faces a more consequential choice between distributions and reinvestment.