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Lundin Gold Inc T.LUG

Alternate Symbol(s):  LUGDF

Lundin Gold Inc. is a Canada-based mining company. The Company owns the Fruta del Norte gold mine in southeast Ecuador and a large exploration land package that hosts the Fruta del Norte deposit at its northern edge. The deposit is hosted in the La Zarza concession, located in the 38 square kilometers (km2) Suarez Pull-Apart Basin. Fruta del Norte deposit is located within a 150 kilometers (km) long copper-gold metallogenic sub-province in the Cordillera del Condor region in southeastern Ecuador. The Company’s properties in Southeast Ecuador consists of over 28 metallic mineral concessions and three construction materials concessions covering an area of approximately 64,454 hectares. From this, Fruta del Norte is comprised of seven concessions covering an area of approximately 5,566 hectares and is located approximately 142 km east-northeast of the City of Loja in southeastern Ecuador. Fruta del Norte deposit is an intermediate sulphidation epithermal gold-silver deposit.


TSX:LUG - Post by User

Post by bossuon Jul 10, 2023 4:12pm
199 Views
Post# 35534216

New recommandation to $ 21...

New recommandation to $ 21...

Lundin Gold (LUG, 16,20 $): la direction devrait rviser la hausse ses prvisions pour l’anne 2023

Le producteur d’or dont le sige social est situ Vancouver a annonc de solides rsultats de production au 2e trimestre, soit 129 700 onces d’or, qui, bien qu’infrieurs ceux du 1er trimestre, ont facilement surpass la prvision de 111 800 onces de Brian Quast, analyste chez BMO Marchs des capitaux.

Pour la premire moiti de l’anne, la production totalise 269 700 onces d’or alors que la prvision des dirigeants de la firme pour l’ensemble de l’anne 2023 se situe dans une fourchette de 425 000 475 000 onces.

L’analyste prvoit que les dirigeants rpteront ce qu’ils avaient fait en 2022 et rajusteront la hausse leurs prvisions pour l’ensemble de l’anne 2023. Ils devraient en faire l’annonce lors de la divulgation des rsultats financiers du 2e trimestre le 9 aot.

Pour sa part, l’analyste de la BMO estime maintenant que la production de l’anne atteindra 493 300 onces.

Bien que la production de Lundin soit concentre la mine Fruta del Norte en quateur qu’elle dtient 100%, le titre se ngocie 1,3 fois sa valeur actuelle nette comparativement 1,1 fois pour ses concurrents, soit les producteurs de moyenne taille.

L’analyste croit que cette prime est justifie compte tenu de la haute qualit de ses actifs et de son excellence oprationnelle. Consquemment, l’analyste ritre sa recommandation de «surperformance», et il maintient son cours cible de 21 $.

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