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FY2017 Annual Report: Lundin Gold reports Loss of $US41.1m Corporate Wire Date: 20 November 2018 02:35 EST

Nov 20, 2018 - News Bites Canadian Markets

CANADIAN RESULTS

Lundin Gold (TSX:LUG) reported a loss for the year-ended 31 December 2017 of $US41.1m.

Highlights

- Working capital to total assets of 5.6%

- Operating Cash Flow is negative

- Net tangible assets per share of $US0.08

- Current ratio of 2.3

- Total liabilities to Total assets of 0.5

- Debt to Equity of 22.8

- Total debt to net tangible assets of 2,282.8%

- Losses in all of the last 5 years

- EPS of -35.0c

- L...