Q2 Earnings Estimate for Lundin Gold Issued By Desjardins

Lundin Gold Inc. (TSE:LUG - Free Report) - Desjardins issued their Q2 2025 EPS estimates for shares of Lundin Gold in a research note issued on Thursday, July 17th. Desjardins analyst A. Carson forecasts that the company will post earnings of $1.05 per share for the quarter. Desjardins has a "Hold" rating and a $70.00 price objective on the stock. The consensus estimate for Lundin Gold's current full-year earnings is $2.56 per share. Desjardins also issued estimates for Lundin Gold's Q2 2025 earnings at $1.05 EPS.

Several other research analysts also recently commented on the stock. CIBC lifted their target price on shares of Lundin Gold from C$44.00 to C$46.00 in a report on Thursday, April 17th. Cormark downgraded shares of Lundin Gold from a "moderate buy" rating to a "hold" rating in a research note on Tuesday, April 22nd. National Bankshares downgraded Lundin Gold from an "outperform" rating to a "sector perform" rating and lifted their target price for the stock from C$67.75 to C$89.00 in a report on Tuesday, June 24th. Jefferies Financial Group boosted their price target on shares of Lundin Gold from C$36.00 to C$45.00 in a report on Friday, April 4th. Finally, National Bank Financial cut Lundin Gold from a "strong-buy" rating to a "hold" rating in a research report on Monday, June 23rd. One equities research analyst has rated the stock with a sell rating and twelve have given a hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of C$54.18.

Lundin Gold Stock Up 1.9%

Shares of TSE LUG traded up C$1.22 during trading on Friday, reaching C$65.30. 857,357 shares of the stock were exchanged, compared to its average volume of 674,548. Lundin Gold has a twelve month low of C$21.51 and a twelve month high of C$75.19. The business's 50-day moving average price is C$67.52 and its 200 day moving average price is C$51.82. The company has a market capitalization of C$11.15 billion, a price-to-earnings ratio of 36.66 and a beta of 1.23.

Insider Activity

In other Lundin Gold news, Director Pablo Mir sold 15,000 shares of the firm's stock in a transaction dated Tuesday, June 10th. The stock was sold at an average price of C$66.44, for a total transaction of C$996,550.50. Also, Senior Officer Sheila Margaret Colman sold 1,400 shares of the stock in a transaction that occurred 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. Insiders sold 65,056 shares of company stock worth $4,166,044 in the last three months. Corporate insiders own 58.72% of the company's stock.

Lundin Gold Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 25th. Investors of record on Wednesday, June 25th were paid a dividend of $0.2075 per share. The ex-dividend date of this dividend was Tuesday, June 10th. This represents a $0.83 annualized dividend and a yield of 1.27%. Lundin Gold's dividend payout ratio is currently 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.