FY2025 EPS Forecast for Lundin Gold Increased by Analyst

Lundin Gold Inc. (TSE:LUG) – Investment analysts at National Bank Financial increased their FY2025 EPS estimates for shares of Lundin Gold in a research report issued on Tuesday, September 23rd. National Bank Financial analyst D. Demarco now anticipates that the company will earn $4.03 per share for the year, up from their prior estimate of $3.92. National Bank Financial currently has a “Hold” rating on the stock. The consensus estimate for Lundin Gold’s current full-year earnings is $2.56 per share. National Bank Financial also issued estimates for Lundin Gold’s FY2026 earnings at $4.54 EPS.

Several other analysts have also recently issued reports on LUG. National Bankshares cut shares of Lundin Gold from an “outperform” rating to a “sector perform” rating and increased their target price for the stock from C$67.75 to C$89.00 in a research note on Tuesday, June 24th. Royal Bank Of Canada raised their price objective on shares of Lundin Gold from C$50.00 to C$54.00 in a research report on Wednesday, June 4th. Veritas cut shares of Lundin Gold from a “strong-buy” rating to a “strong sell” rating in a research report on Monday, June 9th. TD Securities cut shares of Lundin Gold from a “strong-buy” rating to a “hold” rating and raised their price objective for the company from C$65.00 to C$73.00 in a research report on Wednesday, July 16th. Finally, Desjardins cut shares of Lundin Gold from a “moderate buy” rating to a “hold” rating and raised their price objective for the company from C$62.00 to C$70.00 in a research report on Thursday, July 17th. Eleven equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Lundin Gold currently has an average rating of “Reduce” and an average price target of C$58.95.

Lundin Gold Price Performance

TSE LUG opened at C$87.03 on Friday. Lundin Gold has a 1 year low of C$28.64 and a 1 year high of C$97.67. The stock has a market capitalization of C$21.00 billion, a PE ratio of 34.26 and a beta of 1.15. The company’s 50 day simple moving average is C$79.31 and its two-hundred day simple moving average is C$66.02.

Lundin Gold Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 25th. Investors of record on Thursday, September 25th were given a dividend of $0.675 per share. This is an increase from Lundin Gold’s previous quarterly dividend of $0.21. The ex-dividend date of this dividend was Wednesday, September 10th. This represents a $2.70 dividend on an annualized basis and a yield of 3.1%. Lundin Gold’s dividend payout ratio is 45.28%.

Insider Activity

In related news, insider Chester See sold 20,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 26th. The shares were sold at an average price of C$83.30, for a total transaction of C$1,666,000.00. Following the completion of the sale, the insider directly owned 132,571 shares in the company, valued at approximately C$11,043,164.30. The trade was a 13.11% decrease in their ownership of the stock. Also, insider Sheila Margaret Colman sold 14,600 shares of the business’s stock in a transaction that occurred on Tuesday, August 26th. The shares were sold at an average price of C$81.49, for a total transaction of C$1,189,754.00. Following the sale, the insider owned 37,068 shares of the company’s stock, valued at C$3,020,671.32. This trade represents a 28.26% decrease in their ownership of the stock. 58.72% of the stock is currently owned by insiders.

Lundin Gold Company Profile

Lundin Gold Inc is a Canada based company focused on its Fruta del Norte gold operation and developing its portfolio of mineral concessions in Ecuador. The Fruta del Norte deposit is located within a 150 km long copper-gold metallogenic sub-province located in the Cordillera del Condor region in southeastern Ecuador.