Lundin Gold stock
LUG.TOTSXLundin Gold Inc., Basic MaterialsISIN CA5503711080
72Score 72 out of 100, Strong
Price and trend
65 / 100
Price history
−12% in one yearThe chart shows daily closes over 20 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Above the 200-day line: the price is 1.8% above it.
Since May 2026 the 50-day line has been below the 200-day line; the trend has turned down.
Normal: the price is neither overheated nor sold off (RSI 66).
The price is 25% below its 52-week high. Largest decline in 20 years: 95% (October 2007 to August 2010).
Chart figures for advanced users
- SMA 50$64.18
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$66.61
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)66
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDabove the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$51.35
- The lowest closing price of the last twelve months.
- Resistance$90.32
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- Lundin Gold Inc. belongs to the Gold industry (Canada) and, with a market value of $16.39B, is number 13 of 53 companies in its industry on MEQIRI.
- In fiscal 2025 it reported revenue of $1.81B (up 52.1% year on year) and earnings of $806.02M (up 89.2%).
- MEQIRI Score 72 out of 100 (Strong): rank 67 of 467 in Basic Materials, median 58.
Show more
- The P/E is 16.1 (Gold median 18.8, own median of recent years 16.6).
- Our model puts fair value at $76.26, with the price 11% below it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- High return on capitalReturn on invested capital 98.9% in fiscal 2025, Gold median 15.5%.Profitability 97
- Growing faster than its industryRevenue up 38.3% a year since 2020, Gold median 17.2%.Growth 83
- High marginNet margin 46.3% over the last 12 months, Gold median 24.4%.Profitability 97
Weaknesses
- Volatile share priceVolatility 56% a year over the last 12 months.
Its standout strengths are profitability and growth, while momentum holds the score back.
Daily figure as of 12 Nov 2026
How the score is calculatedScore overview
Score since yesterday from 73 to 72.
The fundamentals are in the middle range.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk not measured
How well MEQIRI warnsFor stocks from Japan, China, Hong Kong, Taiwan, Korea, Canada, India and Brazil we only show crash risk once a separate backtest shows that it warns as well there as in the US and Europe.
Valuation
Valuation signal
Fairly valuedIn our model the price counts as cheap below $54.47 and expensive above $127.10 (uncertainty high, based on the price swings of the past year).
The two parts of the fair value come to $73.07 (cash-flow model) and $79.44 (industry comparison), and the gap between them shows how uncertain the estimate is. The price is slightly below both parts; given how much the stock swings, that still counts as fair.
Calculated with a cost of equity of 8.8%. At 9.8% the fair value would be $70.64, at 7.8% it would be $84.65.
Valuation metrics
Half from the cash-flow model, half from earnings times the industry P/E (18.8).
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 30 Sep 2026, revenue rose 38.9% on the twelve months before. Revenue turned from negative at the start of the period to positive ($1.81B in the latest year).
Margins
- Gross margin
- Operating margin
- Net margin
In fiscal 2025: gross 65%, operating 62%, net 44%.
Debt & balance sheet
latest quarterNo financial debt is reported on the balance sheet.
Earnings
- Next earnings
- 25 Feb 2027in 105 days
- Last reported
- 4 Nov 2026EPS reported 1.7 (expected 1.6)above expectations
Analyst estimates
Earnings estimates have barely changed since 28 Oct 2026.
- Earnings per share
- 4.04+2.3%
- Revenue
- $2.23B−0.3%
- Earnings per share
- 4.16+0.2%
- Revenue
- $2.41B−0.3%
MEQIRI has stored the estimates since 28 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
What happened at Lundin Gold
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
467 rated companies in Basic Materials
- This company
- 72
- Sector median
- 58
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Gold
The next larger and next smaller companies by market value
- Gold FieldsGFI $33.3B77
- Kinross GoldKGC $25.29B71
- Royal GoldRGLD $22.82B77
- Shandong Gold Mining600547.SS $18.42B49
- Pan American SilverPAAS $16.28B68
- Coeur MiningCDE $15.55B57
- Zhongjin Gold Corp.,Ltd600489.SS $15.17B65
- Equinox GoldEQX $12.61B46
ETFs that hold Lundin Gold
Held by 71 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| UBS Solactive Global Pure Gold Miners UCITS ETF USD disUBUD | 4.19% | 0.43% | €479.28M |
| VanEck Junior Gold Miners UCITS ETFG2XJ | 2.14% | 0.55% | €1.08B |
| L&G Gold Mining UCITS ETFETLX | 1.72% | 0.55% | €762.65M |
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| Amundi Gold Miners UCITS ETF USD DistributingCD91 | 1.30% | 0.65% | €770.49M |
| iShares Gold Producers UCITS ETF USD (Acc)IS0E | 0.86% | 0.55% | €3.87B |
| VanEck S&P Global Mining UCITS ETF A USDWMIN | 0.36% | 0.50% | €1.98B |
| Xtrackers MSCI Canada Screened UCITS ETF 1CD5BH | 0.27% | 0.35% | €1.2B |
| Xtrackers MSCI World Materials UCITS ETF 1CXDWM | 0.24% | 0.25% | €715.95M |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 12 Nov 2026, recalculated nightly
- Price
- Closing price of 11 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 11 Nov 2026 ($1 = CA$1.4235)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong, published since 7 Nov 2026 (in the score history since 5 Nov 2026)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.