Brokers Set Expectations for Lundin Gold FY2025 Earnings

Key Points

• Raymond James Financial raised its FY2025 earnings per share estimate for Lundin Gold to $4.17, significantly higher than the previous estimate of $3.80, while the current consensus sits at $2.56 per share.
• Lundin Gold has seen price target upgrades from multiple analysts, with CIBC increasing its target from C$85.00 to C$116.00, while TD Securities downgraded their rating but raised the target from C$65.00 to C$73.00.
• The company announced a quarterly dividend increase to $0.675 per share, marking a yield of 2.9%, up from the prior dividend of $0.21.

Lundin Gold Inc. (TSE:LUG - Free Report) - Equities researchers at Raymond James Financial boosted their FY2025 earnings per share estimates for Lundin Gold in a research note issued to investors on Thursday, October 9th. Raymond James Financial analyst C. Stanley now anticipates that the company will post earnings per share of $4.17 for the year, up from their previous estimate of $3.80. The consensus estimate for Lundin Gold's current full-year earnings is $2.56 per share. Raymond James Financial also issued estimates for Lundin Gold's Q4 2025 earnings at $1.10 EPS, Q1 2026 earnings at $1.08 EPS, Q2 2026 earnings at $1.08 EPS, Q3 2026 earnings at $1.08 EPS and Q4 2026 earnings at $1.09 EPS.

A number of other research firms also recently commented on LUG. CIBC raised their target price on shares of Lundin Gold from C$85.00 to C$116.00 in a research report on Friday. National Bankshares lowered shares of Lundin Gold from an "outperform" rating to a "sector perform" rating and lifted their price objective for the company from C$67.75 to C$89.00 in a report on Tuesday, June 24th. BMO Capital Markets lifted their price objective on shares of Lundin Gold from C$93.00 to C$104.00 in a report on Thursday. TD Securities downgraded Lundin Gold from a "strong-buy" rating to a "hold" rating and lifted their price target for the company from C$65.00 to C$73.00 in a report on Wednesday, July 16th. Finally, JPMorgan Chase & Co. lifted their price target on Lundin Gold from C$16.00 to C$28.00 in a report on Friday. Eleven equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Reduce" and an average target price of C$68.54.

Lundin Gold Trading Down 1.4%

Shares of Lundin Gold stock opened at C$93.06 on Monday. The firm has a market cap of C$22.46 billion, a P/E ratio of 36.64 and a beta of 1.26. The stock's fifty day moving average price is C$85.39 and its 200-day moving average price is C$70.11. Lundin Gold has a 12 month low of C$29.42 and a 12 month high of C$99.18.

Insider Activity at Lundin Gold

In other news, insider Chester See sold 20,000 shares of the business's stock in a transaction 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 sale, the insider directly owned 132,571 shares of the company's stock, valued at 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 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 directly owned 37,068 shares in the company, 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 Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, September 25th. Shareholders of record on Thursday, September 25th were given a dividend of $0.675 per share. The ex-dividend date of this dividend was Wednesday, September 10th. This represents a $2.70 annualized dividend and a yield of 2.9%. This is a boost from Lundin Gold's previous quarterly dividend of $0.21. Lundin Gold's payout ratio is presently 45.28%.

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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