Lundin Gold Inc. (TSE:LUG) Declares Quarterly Dividend of $1.16

Lundin Gold Inc. (TSE:LUG) declared a quarterly dividend on Wednesday, March 11th, TickerTech Dividends reports. Investors of record on Thursday, March 26th will be given a dividend of 1.1642 per share on Thursday, March 26th. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend is Wednesday, March 11th. This is a 64.9% increase from Lundin Gold’s previous quarterly dividend of $0.71.

Lundin Gold Trading Up 2.0%

Shares of TSE:LUG opened at C$114.62 on Monday. Lundin Gold has a 1-year low of C$39.34 and a 1-year high of C$130.98. The stock has a market capitalization of C$27.71 billion, a P/E ratio of 35.05 and a beta of 1.30. The business has a 50-day moving average price of C$114.37 and a two-hundred day moving average price of C$105.21.

Lundin Gold (TSE:LUG) last issued its quarterly earnings results on Friday, February 20th. The company reported C$1.33 EPS for the quarter. Lundin Gold had a net margin of 44.42% and a return on equity of 60.01%. The company had revenue of C$697.82 million during the quarter. As a group, equities analysts predict that Lundin Gold will post 2.5603448 EPS for the current year.

About Lundin Gold

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.