AXMIN Inc (TSXV: AXM)
AXMIN Inc. (TSXV:AXM) is a Canadian-based exploration and development company with a strong focus on central and West Africa.
Against the backdrop of escalating global geopolitical tensions, the demand for gold as a safe-haven asset continues to rise, providing strong growth momentum for a gold stock listed on the Toronto Stock Exchange. Lundin Gold (TSX: LUG) is one such undervalued high-potential stock—not only has it delivered impressive returns over the past year, but it also boasts a solid financial foundation and sustainable growth prospects.
Headquartered in Vancouver, Lundin Gold is a gold mining company with a market capitalization of approximately $17.72 billion, operating the high-grade Fruta del Norte mine in Ecuador. Known for its high production volume and low-cost operations, the mine gives Lundin Gold a competitive edge in the gold industry. Amid economic uncertainty, inflationary pressures, and rising geopolitical risks, gold demand has surged, and Lundin Gold has consistently enhanced profitability through efficient operations.
The company’s latest earnings report reveals that the average gold price in Q1 2025 reached $3,081 per ounce, significantly exceeding the industry average. Adjusted EBITDA hit a record high of $242 million, while net income surged to $356 million. Even more impressive is the fact that despite rising costs across the industry, Lundin Gold managed to reduce operating expenses, further expanding profit margins. With gold prices continuing to climb, profitability is expected to strengthen further.
As of the latest data, Lundin Gold’s stock price stands at $73.46, marking an astounding 276.72% gain over the past year—far outpacing the broader market’s 23% return during the same period. Additionally, the company pays a quarterly dividend, demonstrating strong cash flow and shareholder returns. Management is actively exploring new investment opportunities to drive further growth.
Though Lundin Gold may not match the scale of some industry giants, its high profitability and stable operations make it a standout choice in the gold sector. Of course, investors should remain cautious of commodity price volatility risks. However, given the current market environment, this gold stock still holds significant potential to continue outperforming the market.
