FY2025 EPS Estimates for Lundin Gold Increased by Analyst

Key Points

• Analysts at Raymond James Financial have increased their FY2025 earnings per share (EPS) estimate for Lundin Gold from $3.66 to $3.80, while the consensus estimate for the current full-year earnings is $2.56 per share.
• The company has seen a mix of ratings from research firms, with a recent downgrade from National Bank Financial, while BMO Capital Markets raised its price target for Lundin Gold from C$45.00 to C$62.00.
• Lundin Gold also reported recent insider selling activities, with directors and senior officers selling a total of 57,056 shares valued at over $3.7 million in the last quarter.

Lundin Gold Inc. (TSE:LUG - Free Report) - Analysts at Raymond James Financial lifted their FY2025 earnings per share (EPS) estimates for Lundin Gold in a note issued to investors on Wednesday, August 20th. Raymond James Financial analyst C. Stanley now expects that the company will earn $3.80 per share for the year, up from their prior forecast of $3.66. 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 Q1 2026 earnings at $0.92 EPS, Q2 2026 earnings at $0.94 EPS, Q3 2026 earnings at $0.94 EPS, Q4 2026 earnings at $0.94 EPS and FY2026 earnings at $3.75 EPS.

A number of other research firms also recently weighed in on LUG. National Bank Financial downgraded Lundin Gold from a "strong-buy" rating to a "hold" rating in a research report on Monday, June 23rd. BMO Capital Markets upped their price target on Lundin Gold from C$45.00 to C$62.00 in a report on Friday, May 9th. Desjardins cut Lundin Gold from a "moderate buy" rating to a "hold" rating and upped their price target for the company from C$62.00 to C$70.00 in a report on Thursday, July 17th. Royal Bank Of Canada upped their price target on Lundin Gold from C$50.00 to C$54.00 in a report on Wednesday, June 4th. Finally, Veritas cut Lundin Gold from a "strong-buy" rating to a "strong sell" rating in a report on Monday, June 9th. Twelve equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, Lundin Gold currently has a consensus rating of "Reduce" and a consensus target price of C$58.95.

Lundin Gold Price Performance

LUG opened at C$79.54 on Monday. The company has a market capitalization of C$13.58 billion, a price-to-earnings ratio of 44.65 and a beta of 1.23. Lundin Gold has a 1-year low of C$25.76 and a 1-year high of C$83.78. The business has a 50 day moving average price of C$71.20 and a two-hundred day moving average price of C$58.31.

Insider Transactions at Lundin Gold

In related news, Director Pablo Mir sold 15,000 shares of the company's stock in a transaction on 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 Terrence Smith sold 40,656 shares of the company's stock in a transaction on Wednesday, May 28th. The shares were sold at an average price of C$64.06, for a total value of C$2,604,423.36. Insiders sold a total of 57,056 shares of company stock valued at $3,706,044 over the last quarter. Company insiders own 58.72% of the company's stock.

Lundin Gold Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 25th. Shareholders of record on Wednesday, June 25th were paid a dividend of $0.2075 per share. This represents a $0.83 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend was Tuesday, June 10th. Lundin Gold's 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.