Q2 Earnings Estimate for Lundin Gold Issued By Desjardins

Lundin Gold Inc. (TSE:LUG - Free Report) - Equities researchers at Desjardins issued their Q2 2025 earnings per share (EPS) estimates for shares of Lundin Gold in a report released on Thursday, July 17th. Desjardins analyst A. Carson anticipates that the company will post earnings of $1.05 per share for the quarter. Desjardins currently has a "Hold" rating and a $70.00 price target 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.

A number of other research firms have also recently weighed in on LUG. Raymond James Financial upped their price objective on shares of Lundin Gold from C$32.00 to C$43.00 in a research report on Friday, April 4th. BMO Capital Markets upped their target price on shares of Lundin Gold from C$45.00 to C$62.00 in a research note on Friday, May 9th. Jefferies Financial Group upped their target price on shares of Lundin Gold from C$36.00 to C$45.00 in a research note on Friday, April 4th. Cormark lowered shares of Lundin Gold from a "moderate buy" rating to a "hold" rating in a research note on Tuesday, April 22nd. Finally, Royal Bank Of Canada upped their target price on shares of Lundin Gold from C$50.00 to C$54.00 in a research note on Wednesday, June 4th. One investment analyst has rated the stock with a sell rating and twelve have given a hold rating to the stock. According to MarketBeat, the stock currently has an average rating of "Hold" and an average price target of C$54.18.

Lundin Gold Stock Down 0.2%

Shares of TSE LUG traded down C$0.10 during trading on Friday, hitting C$64.08. 690,923 shares of the company traded hands, compared to its average volume of 673,223. Lundin Gold has a 1 year low of C$21.51 and a 1 year high of C$75.19. The company has a 50-day moving average price of C$67.52 and a 200-day moving average price of C$51.54. The firm has a market capitalization of C$10.94 billion, a P/E ratio of 35.97 and a beta of 1.23.

Insider Buying and Selling

In other Lundin Gold news, 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. Also, Senior Officer Terrence Smith sold 40,656 shares of the stock in a transaction that occurred on Wednesday, May 28th. The stock was sold at an average price of C$64.06, for a total transaction of C$2,604,423.36. In the last 90 days, insiders sold 65,056 shares of company stock valued at $4,166,044. Company 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 $0.2075 dividend. This represents a $0.83 dividend on an annualized basis and a yield of 1.30%. The ex-dividend date was Tuesday, June 10th. Lundin Gold's dividend payout ratio is 60.06%.

Lundin Gold Company Profile

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.