Analysts Set Expectations for Lundin Gold FY2026 Earnings

Lundin Gold Inc. (TSE:LUG - Free Report) - Equities research analysts at National Bank Financial raised their FY2026 earnings per share (EPS) estimates for Lundin Gold in a report issued on Monday, June 23rd. National Bank Financial analyst D. Demarco now forecasts that the company will post earnings per share of $4.30 for the year, up from their previous forecast of $3.71. 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 FY2027 earnings at $3.84 EPS and FY2028 earnings at $3.14 EPS.

A number of other research analysts have also recently commented on LUG. National Bankshares cut Lundin Gold from an "outperform" rating to a "sector perform" rating and boosted their price target for the stock from C$67.75 to C$89.00 in a report on Tuesday. Raymond James Financial increased their target price on Lundin Gold from C$32.00 to C$43.00 in a research note on Friday, April 4th. Royal Bank Of Canada increased their price target on Lundin Gold from C$50.00 to C$54.00 in a research report on Wednesday, June 4th. BMO Capital Markets increased their price target on Lundin Gold from C$45.00 to C$62.00 in a research report on Friday, May 9th. Finally, TD Securities raised their price objective on Lundin Gold from C$58.00 to C$65.00 and gave the company a "buy" rating in a research report on Thursday, May 22nd. One analyst has rated the stock with a sell rating, ten have issued a hold rating and two have assigned a buy rating to the company. According to MarketBeat, Lundin Gold presently has an average rating of "Hold" and an average price target of C$50.91.

Lundin Gold Trading Up 2.9%

Shares of TSE:LUG opened at C$72.82 on Thursday. The stock has a 50 day moving average of C$63.60 and a 200 day moving average of C$47.08. Lundin Gold has a 12-month low of C$19.48 and a 12-month high of C$75.19. The company has a market cap of C$12.43 billion, a PE ratio of 40.88 and a beta of 1.23.

Insider Activity

In related news, Senior Officer Sheila Margaret Colman sold 1,400 shares of Lundin Gold stock in a transaction on Monday, June 23rd. The shares were sold at an average price of C$75.05, for a total value of C$105,070.00. Also, Director Pablo Mir sold 8,000 shares of Lundin Gold stock in a transaction on Tuesday, May 13th. The stock was sold at an average price of C$57.50, for a total transaction of C$460,000.00. Insiders sold a total of 65,056 shares of company stock valued at $4,166,044 in the last three months. 58.72% of the stock is currently owned by corporate insiders.

Lundin Gold Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 25th. Shareholders of record on Wednesday, June 25th were given a dividend of $0.2075 per share. This represents a $0.83 dividend on an annualized basis and a yield of 1.14%. The ex-dividend date of this dividend was Tuesday, June 10th. Lundin Gold's dividend payout ratio is presently 60.06%.

About Lundin Gold

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.

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