Lundin Gold Inc. operates as a mining company in Canada. The company holds interests in 27 metallic mineral concessions and three construction material concessions covering an area of approximately 64,270 hectares located in Southeast Ecuador. It primary holds interests in the Fruta del Norte gold project comprising seven concessions covering an area of approximately 5,566 hectares located near the city of Loja in Ecuador. The company was formerly known as Fortress Minerals Corp. and changed its name to Lundin Gold Inc. in December 2014. Lundin Gold Inc. was incorporated in 1986 and is headquartered in Vancouver, Canada.
P/B ratio for Lundin Gold Inc. (LUG.TO)
P/B ratio as of 2023: 3.05
According to Lundin Gold Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 3.05. At the end of 2022 the company had a P/B ratio of 2.69.
P/B ratio history for Lundin Gold Inc. from 1998 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 3.05 |
| 2022 | 2.69 |
| 2021 | 2.35 |
| 2020 | 3.28 |
| 2019 | 3.04 |
| 2018 | 1.17 |
| 2017 | 1.84 |
| 2016 | 1.57 |
| 2015 | 1.06 |
| 2014 | 0.21 |
| 2013 | 2.48 |
| 2012 | 2.76 |
| 2011 | 2.58 |
| 2010 | 4.35 |
| 2009 | 3.67 |
| 2008 | 1.05 |
| 2007 | 32.52 |
| 2006 | 3.22 |
| 2005 | 8.34 |
| 2004 | 2.56 |
| 2003 | 8.72 |
| 2002 | 3.24 |
| 2001 | 1.48 |
| 2000 | 4.55 |
| 1999 | -5.12 |
| 1998 | 11.21 |