Lundin Gold (TSE:LUG) has released an update.
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Lundin Gold Inc. reported a record-breaking second quarter in 2024 with soaring revenues of $301 million and an adjusted EBITDA of $195 million, driven by a strong gold market and sales of over 129,000 ounces. The company also announced a debt-free status after buying out the Stream Facility and Offtake, and intends to leverage this financial health to double the quarterly dividend to $0.20 per share.
For further insights into TSE:LUG stock, check out TipRanks’ Stock Analysis page.
