Lundin Gold Inc.
Lundin Gold Inc. (TSX: LUG) is trading at CA$87.92, about ₹5,948 at today's CAD/INR rate, as of 30 Sep 2026, 10:06 AM ET, up 0.18% today. Indian residents can buy Lundin Gold from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
CA$87.34
Today's high
CA$88.11
52 week low
CA$71.51
52 week high
CA$130.98
LUG opened at CA$87.34, closed previously at CA$87.76, and has traded between CA$71.51 and CA$130.98 over the past 52 weeks.
About
Lundin Gold Inc. is a Vancouver-based Canadian mining enterprise established in 1986. Its primary focus is on extensive exploration and development assets in Southeast Ecuador, where it controls rights to roughly 64,270 hectares. These holdings include 27 metallic mineral concessions and three construction material concessions. The company's most significant asset is the Fruta del Norte gold project, an operation comprising seven concessions across approximately 5,566 hectares, located near the city of Loja in Ecuador. Originally known as Fortress Minerals Corp., the firm officially changed its name to Lundin Gold Inc. in December 2014.
Key statistics
Avg. volume
625.75K
Market cap
CA$21.26B
P/E Ratio
16.02
Price-to-sales ratio
7.42
Enterprise value
$19.60B
Free cash flow yield
4.82%
Debt-to-equity ratio
0.00
Return on equity
59.19%
ROIC
56.65%
Beta
1.52
Dividend yield
6.46%
Last dividend
CA$5.22
Financial overview
Revenue
$1.81B
Earnings per share
$3.34
Free cash flow
$964.59M
Net profit margin
46.31%
Gross margin
69.36%
EBITDA
$1.28B
Revenue growth
52.06%
Similar securities
This is not an investment recommendation
How to buy Lundin Gold from India
Indian residents can buy Lundin Gold shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars and then to CAD.
Search for Lundin Gold and place an order
Find Lundin Gold by name or by its ticker, LUG, and choose an order type. Lundin Gold trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Lundin Gold position in CAD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in Lundin Gold from India
Trading and taxes when buying Lundin Gold from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. Lundin Gold’s current yield is 6.46%.Dividend tax explained
Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
Can Indian residents buy Lundin Gold stock?
Yes. Lundin Gold (LUG) has been listed on the Toronto Stock Exchange since 1996, in the Gold industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars and then to CAD. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one Lundin Gold share cost in rupees?
One Lundin Gold share is CA$87.92 — about ₹5,948 at a CAD/INR rate of 67.65 on 29 Sep 2026. Both the Lundin Gold price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Lundin Gold from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
How are gains on Lundin Gold shares taxed in India?
Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the CAD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Lundin Gold price. Paasa issues a capital-gains statement for your return.
Does Lundin Gold pay a dividend, and how is it taxed in India?
Yes. Lundin Gold pays a dividend and the current yield is 6.46%; the last declared dividend was CA$5.22 per share, about ₹353.35. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Lundin Gold from India?
The Toronto Stock Exchange trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when Canada is on standard time. Orders can only execute during that window.
Do I have to declare Lundin Gold shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Lundin Gold holding, its cost and its closing value.
How do I sell Lundin Gold and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in CAD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.
Does the rupee rate affect what I make on Lundin Gold?
Yes. Lundin Gold is priced in CAD, so your rupee outcome combines the CAD move with the CAD/INR move between the day you remit and the day you convert back. Both directions are reflected in the capital-gains statement Paasa issues.