FY2025 EPS Estimates for Lundin Gold Lowered by Analyst

Lundin Gold Inc. (TSE:LUG) – Analysts at National Bank Financial decreased their FY2025 earnings per share estimates for shares of Lundin Gold in a research report issued on Wednesday, February 26th. National Bank Financial analyst D. Demarco now expects that the company will earn $3.28 per share for the year, down from their previous forecast of $3.60. 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 $3.12 EPS.

LUG has been the subject of several other reports. BMO Capital Markets cut Lundin Gold from an “outperform” rating to a “market perform” rating in a research report on Tuesday, December 10th. Desjardins upped their price objective on Lundin Gold from C$38.00 to C$42.00 and gave the stock a “buy” rating in a research report on Thursday, February 13th. Jefferies Financial Group cut Lundin Gold from a “buy” rating to a “hold” rating and lowered their price objective for the stock from C$37.00 to C$36.00 in a research report on Wednesday, December 11th. Royal Bank of Canada upped their price objective on Lundin Gold from C$31.00 to C$35.00 and gave the stock a “sector perform” rating in a research report on Tuesday, February 11th. Finally, Scotiabank upped their price objective on Lundin Gold from C$30.00 to C$31.50 in a research report on Wednesday, January 15th. Seven research analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, Lundin Gold currently has an average rating of “Moderate Buy” and an average target price of C$35.18.

Lundin Gold Price Performance

Shares of TSE LUG opened at C$38.61 on Monday. The stock’s 50-day moving average is C$35.65 and its two-hundred day moving average is C$32.54. Lundin Gold has a 1-year low of C$16.77 and a 1-year high of C$41.74. The company has a market cap of C$6.59 billion, a price-to-earnings ratio of 21.67 and a beta of 1.23.

Lundin Gold Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 26th. Investors of record on Wednesday, March 26th will be given a $0.43 dividend. The ex-dividend date of this dividend is Tuesday, March 11th. This is a boost from Lundin Gold’s previous quarterly dividend of $0.20. This represents a $1.72 dividend on an annualized basis and a dividend yield of 4.45%. Lundin Gold’s dividend payout ratio is 60.06%.

Insider Activity at Lundin Gold

In other Lundin Gold news, Senior Officer Sheila Margaret Colman sold 9,900 shares of the stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of C$41.74, for a total transaction of C$413,226.00. Also, Director Pablo Mir sold 11,535 shares of the stock in a transaction that occurred on Tuesday, January 7th. The stock was sold at an average price of C$30.78, for a total value of C$355,001.16. Insiders sold a total of 115,985 shares of company stock valued at $4,681,281 in the last three months. 58.72% of the stock is currently owned by company insiders.

Lundin Gold Company Profile

Lundin Gold Inc operates as a mining company in Canada. The company holds interests in 28 metallic mineral concessions and three construction material concessions covering an area of approximately 64,454 hectares located in Southeast Ecuador. It primary holds 100% interests in the Fruta del Norte gold project that comprising seven concessions covering an area of approximately 5,566 hectares located near the city of Loja in Ecuador.