Brokers Issue Forecasts for Lundin Gold FY2026 Earnings

Lundin Gold Inc. (TSE:LUG) – Stock analysts at Scotiabank decreased their FY2026 earnings per share (EPS) estimates for Lundin Gold in a note issued to investors on Wednesday, July 15th. Scotiabank analyst O. Habib now forecasts that the company will post earnings per share of $4.07 for the year, down from their previous forecast of $4.14. The consensus estimate for Lundin Gold’s current full-year earnings is $2.56 per share.

Lundin Gold (TSE:LUG) last announced its quarterly earnings results on Thursday, May 7th. The company reported C$1.57 earnings per share (EPS) for the quarter. The company had revenue of C$788.83 million during the quarter. Lundin Gold had a net margin of 45.73% and a return on equity of 68.29%.

Several other research firms have also recently commented on LUG. ATB Cormark Capital Markets upgraded shares of Lundin Gold from a “sector perform” rating to an “outperform” rating and set a C$130.00 target price for the company in a research report on Friday, May 8th. Jefferies Financial Group cut their price target on Lundin Gold from C$90.00 to C$88.00 in a report on Monday, July 6th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of C$102.36.

Lundin Gold Stock Down 1.0%

Shares of TSE:LUG opened at C$75.26 on Friday. The company has a market cap of C$18.20 billion, a PE ratio of 19.96 and a beta of 1.64. The company’s 50-day moving average price is C$82.73 and its 200 day moving average price is C$100.53. Lundin Gold has a fifty-two week low of C$62.55 and a fifty-two week high of C$130.98.

Lundin Gold Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Thursday, June 25th were paid a dividend of $0.91 per share. This represents a $3.64 dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date was Wednesday, June 10th. Lundin Gold’s payout ratio is currently 84.62%.

Lundin Gold Company Profile

Lundin Gold, headquartered in Vancouver, Canada, owns the Fruta del Norte gold mine in southeast Ecuador. Fruta del Norte is among the highest-grade operating gold mines in the world. The Company’s board and management team have extensive expertise and are dedicated to operating Fruta del Norte responsibly. The Company operates with transparency and in accordance with international best practices. Lundin Gold is committed to delivering value to its shareholders through operational excellence and growth, while simultaneously providing economic and social benefits to impacted communities, fostering a healthy and safe workplace and minimizing the environmental impact.