Lundin Gold Inc

Latest Results (30.09.2025):

In the first quarter of 2025, Lundin Gold Inc. reported record revenues of $356 million and a net income of $154 million, driven by strong gold production and elevated gold prices. The company also enhanced shareholder returns through an amended dividend policy and the declaration of a special dividend.

Strong Financial Performance

Lundin Gold Inc. achieved revenues of $356 million and a net income of $154 million ($0.64 per share) in Q1 2025. Free cash flow reached $171 million ($0.71 per share), supported by robust gold production of 117,313 ounces and an average realized gold price of $3,081 per ounce.

Efficient Production Metrics

The company produced 117,313 ounces of gold, with 117,641 ounces sold. Operating costs were maintained at $792 per ounce sold, and all-in sustaining costs were $909 per ounce. High mill throughput and improved recovery rates contributed to the strong production results.

Enhanced Shareholder Returns

Lundin Gold Inc. increased shareholder returns by amending its dividend policy and declaring a special dividend. The company anticipates continuing quarterly fixed dividends of $0.30 per share, supplemented by a variable dividend based on normalized free cash flow.

Positive Outlook and Expansion

With the completion of the process plant expansion, Lundin Gold Inc. is on track to meet its full-year production guidance of 475,000 to 525,000 ounces and all-in sustaining costs of $935 to $995 per ounce sold. The company plans to expand its exploration programs and sustain capital expenditures to support future growth.

Strong Liquidity Position

As of March 31, 2025, Lundin Gold Inc. maintained a cash balance of $452 million and a working capital of $551 million. The strong cash flow from operations and prudent capital management ensure a solid financial foundation for ongoing and future projects.