LUG is an excellent long term investmentAt current gold prices, with an all inclusive cost around $830/oz and annual production of 400,000 oz Lundin Gold is spitting out ~$360 million USD in annual earnings or $1.56/share USD. Published data is obsolete and does not reflect current reality.
At yesterdays close it was trading at $7.70 USD/share.
That is a P:E ratio of ~5:1 making it one cheap stock!
For comparison purposes Barrick Gold has a P:E ratio of 15. Kirkland Lake has a P:E ratio of 12.7
Eventually the share price and the fundamentals will go back in sync. You should be buying at these prices not panic selling.
...and I do hope Bitcoin crashes and burns! Software programmes are not stores of wealth. Please press <delete> to wipe out your wealth! LOL