Lundin Gold Inc (LUG) Financings
TSX: LUG · Gold · Production stage
- Market cap$23.24B
- Share price$96.10
- 52-week range$71.51 – $130.98
- Shares outstanding241,781,911
- ExchangeTSX
- Websitelundingold.com
Lundin Gold, headquartered in Vancouver, Canada, owns the Fruta del Norte gold mine in southeast Ecuador. Fruta del Norte is among the highest-grade operating gold mines in the world. The Company's board and management team have extensive expertise and are dedicated to operating Fruta del Norte responsibly. The Company operates with transparency and in accordance with international best practices. Lundin Gold is committed to delivering value to its shareholders through operational excellence and growth, while simultaneously providing economic and social benefits to impacted communities, fostering a healthy and safe workplace and minimizing the environmental impact. Furthermore, Lundin Gold is focused on continued exploration on its extensive and highly prospective land package to identify and develop new resource opportunities to ensure long-term sustainability and growth for the Company and its stakeholders.
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Lundin Gold Inc financial statements
Key figures read from 39 of 39 financial statement filings, Nov 9, 2016 to Aug 6, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
US dollars (US$), in thousands, figures as printed in the statements. Losses and cash outflows are in brackets.
| Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|---|---|
| Cash and equivalents | US$630,181 | US$349,200 | US$268,025 | US$363,400 | US$262,608 |
| Total current assets | US$983,164* | US$674,459* | US$533,887* | US$635,321* | US$528,237* |
| Total current liabilities | US$388,510 | US$215,515 | US$187,028 | US$440,517 | US$311,016 |
| Working capital | US$594,654 | US$458,944 | US$346,859 | US$194,804 | US$217,221 |
| Exploration and evaluation assets | US$110,144 | US$133,032 | US$160,028 | US$183,507 | US$207,146 |
| Property, plant and equipment | US$664,622 | US$695,703 | US$718,896 | US$781,299 | US$835,074 |
| Total assets | US$1,787,158 | US$1,527,481 | US$1,468,209 | US$1,668,865 | US$1,685,113 |
| Debt | — | US$0 | US$305,647 | US$667,966 | US$739,977 |
| Total liabilities | US$423,029 | US$311,182 | US$512,403 | US$816,784 | US$870,636 |
| Shareholders' equity | US$1,364,129 | US$1,216,299 | US$955,806 | US$852,081 | US$814,477 |
* Calculated from the statement's own lines: the company did not print this total with a label.
Income statement: annual key figures
US dollars (US$), in thousands, figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | FY Dec 2021 | |
|---|---|---|---|---|---|
| Revenue | US$1,782,940 | US$1,193,050 | US$902,518 | US$815,666 | US$733,329 |
| Exploration and evaluation expense | US$59,523 | US$41,168 | US$23,720 | US$15,450 | US$9,065 |
| Net income (loss) | US$792,151 | US$426,050 | US$179,457 | US$73,558 | US$221,426 |
Cash flow statement: annual key figures
US dollars (US$), in thousands, figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | FY Dec 2021 | |
|---|---|---|---|---|---|
| Operating cash flow | US$1,023,029 | US$662,390 | US$519,395 | US$426,145 | US$417,752 |
| Investing cash flow | (US$97,230) | (US$93,504) | (US$53,483) | (US$60,068) | (US$63,109) |
| Financing cash flow | (US$644,863) | (US$487,489) | (US$561,230) | (US$264,099) | (US$171,426) |
| Property, plant and equipment spending | (US$85,977) | (US$82,398) | (US$48,235) | (US$54,020) | (US$56,991) |
| Change in cash | US$280,981 | US$81,175 | — | US$100,792 | US$183,016 |
| Cash at end of period | US$630,181 | US$349,200 | — | US$363,400 | US$262,608 |
Lundin Gold Inc financings
1 financing announced or closed by Lundin Gold Inc, read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2026-02-22 | Lundin Gold Inc (LUG) | Stream | Closed, 1 tranche | $670.0M | — | Lundin Gold Announces $ 670 Million Silver Stream –for–Equity Transaction with LunR Royalties |
Lundin Gold Inc debt and credit facilities
Convertible debentures and notes, loans, credit facilities, bonds, gold loans and prepayments Lundin Gold Inc has announced, read by Mining News Terminal. A debt reported in several releases is listed once, at its latest stage.
| Date | Debt | Lender | Amount | Terms |
|---|---|---|---|---|
| 2023-11-14 | Credit facility, repaid / settled | ING | C$350M | matures 2026-06 |
| 2023-11-08 | Credit facility, repaid / settled | — | US$500M | matures 2026-06 |
| 2023-01-05 | Prepayment, repaid / settled | Orion | US$207.5M | — |