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Lundin Gold Inc. (T:LUG)

Business Focus: Gold Mining

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Sector:  Basic Materials Industry:  Gold
 
See Regulatory Filings on SEDAR
Company Contact
Address: 885 Georgia St W Suite 2000
VANCOUVER BC V6C 3E8
Tel: N/A
Website: https://www.lundingold.com
IR: See website
Key People
Ronald F. Hochstein
President, Chief Executive Officer, Director
Alessandro Bitelli
Chief Financial Officer, Executive Vice President - Finance
Chester See
Vice President - Finance
Sheila M. Colman
Vice President - Legal, Corporate Secretary
Anthony P George
Vice President - Project Development
Nathan Monash
Vice President - Business Sustainability
Nicholas Teasdale
Vice President - Exploration
   
Business Overview
Lundin Gold Inc (Lundin Gold), formerly Fortress Minerals Corp, is a Canada-based gold mining company. The Company owns the Fruta del Norte Project located in southeast Ecuador, which is an undeveloped gold project. The Company's Fruta del Norte Project is located in the Cordillera del Condor region of Zamora, Chinchipe province, southeastern Ecuador. The Fruta del Norte Project consists of approximately 30 mining concessions, which cover an area of approximately 75,000 hectares located in southeastern Ecuador, in the Province of Zamora and in Morona Santiago province. The Fruta del Norte Project is consist of over three concessions and covers an area of approximately 4,660 hectares located in the Province of Zamora Chinchipe. The Company's subsidiaries include Aurelian Resources Inc, Aurelian Resources Corporation Ltd, Aurelian Ecuador S.A. and Ecoaurelian Agricola S.A. The Company's Aurelian Ecuador S.A. holds the concessions underlying the Fruta del Norte Project.
Financial Overview
For the three months ended 31 March 2019, Lundin Gold Inc revenues was not reported. Net loss decreased 70% to $7.7M. Lower net loss reflects Derivative loss (gain) increase from $24M (expense) to $468K (income), Exploration decrease of 49% to $1.4M (expense), Corporate social responsibility decrease of 21% to $294K (expense). Basic Earnings per Share excluding Extraordinary Items increased from -$0.20 to -$0.04.
Reporting Currency: U.S. Dollars
Enterprise value: $1,410M as of Mar 31, 2019
Annual revenue (TTM): $0.00M as of Mar 31, 2019
EBITDA (TTM): -$36.15M as of Mar 31, 2019
Net annual income (TTM): -$5.64M as of Mar 31, 2019
Free cash flow (TTM): -$471.67M as of Mar 31, 2019
Net Debt Last Fiscal Year: $410.57M as of Mar 31, 2019
Shares outstanding: 222,382,422 as of May 2, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization