Lundin Gold Ratios and Metrics

Market cap in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 26, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	31,080	27,528	7,364	3,934	3,118	2,432
Market Cap Growth	237.02%	273.80%	87.19%	26.19%	28.21%	-3.31%
Enterprise Value	30,216	26,840	7,059	4,014	3,511	3,098
Last Close Price	128.57	114.02	29.14	15.21	11.74	8.99
PE Ratio	28.68	25.35	12.01	16.60	31.32	8.68
Forward PE	20.38	21.27	10.63	15.80	15.81	11.43
PS Ratio	12.71	11.26	4.29	3.30	2.82	2.62
PB Ratio	16.62	14.72	4.21	3.12	2.70	2.36
P/TBV Ratio	16.62	14.72	4.21	3.12	2.70	2.36
P/FCF Ratio	24.19	21.43	8.82	6.32	6.19	5.33
P/OCF Ratio	22.16	19.63	7.73	5.74	5.41	4.60
EV/Sales Ratio	12.36	10.98	4.11	3.37	3.18	3.34
EV/EBITDA Ratio	17.81	15.82	6.40	5.77	5.57	5.71
EV/EBIT Ratio	19.99	17.76	7.79	7.78	7.75	7.62
EV/FCF Ratio	23.52	20.89	8.46	6.45	6.97	6.79
Debt / Equity Ratio	-	-	-	0.32	0.78	0.91
Debt / EBITDA Ratio	-	-	-	0.58	1.43	1.73
Debt / FCF Ratio	-	-	-	0.65	1.80	2.05
Net Debt / Equity Ratio	-0.46	-0.46	-0.29	0.04	0.36	0.59
Net Debt / EBITDA Ratio	-0.51	-0.51	-0.46	0.07	0.65	1.11
Net Debt / FCF Ratio	-0.67	-0.67	-0.60	0.08	0.82	1.32
Asset Turnover	1.08	1.08	0.80	0.57	0.49	0.46
Inventory Turnover	4.66	4.66	3.97	3.69	3.61	3.73
Quick Ratio	2.24	2.24	2.61	2.06	1.16	1.32
Current Ratio	2.53	2.53	3.13	2.86	1.44	1.70
Return on Equity (ROE)	61.40%	61.40%	39.23%	19.85%	8.83%	31.60%
Return on Assets (ROA)	41.57%	41.57%	26.27%	15.56%	12.48%	12.58%
Return on Invested Capital (ROIC)	99.55%	97.09%	45.47%	22.86%	11.35%	20.83%
Return on Capital Employed (ROCE)	78.80%	78.80%	48.00%	30.50%	27.30%	23.40%
Earnings Yield	3.49%	3.95%	8.32%	6.02%	3.19%	11.52%
FCF Yield	4.13%	4.67%	11.33%	15.82%	16.16%	18.77%
Dividend Yield	3.38%	3.31%	2.96%	3.47%	2.31%	-
Payout Ratio	83.80%	83.80%	33.76%	52.89%	63.94%	-
Buyback Yield / Dilution	-0.45%	-0.45%	-0.95%	-1.03%	-0.91%	-3.11%
Total Shareholder Return	3.05%	2.86%	2.01%	2.44%	1.40%	-3.11%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.