FY2026 EPS Estimates for Lundin Gold Decreased by Scotiabank

Key Points

• Scotiabank lowered its FY2026 EPS estimate for Lundin Gold to $4.21 from $4.42, which remains well above the consensus estimate of $2.56 per share.
• Analyst price-targets were mixed—Jefferies, Cormark, TD and RBC raised targets while BMO cut theirs—and MarketBeat shows an average rating of Reduce with an average target of C$98.17.
• Lundin Gold shares trade near C$110 with a market cap of C$26.59 billion; the company reported C$1.33 EPS for the quarter and raised its quarterly dividend to $1.1642 (annualized C$4.66, yield ~4.2%, payout ratio 71.6%).

Lundin Gold Inc. (TSE:LUG - Free Report) - Stock analysts at Scotiabank dropped their FY2026 earnings per share estimates for shares of Lundin Gold in a research note issued on Wednesday, April 1st. Scotiabank analyst O. Habib now forecasts that the company will earn $4.21 per share for the year, down from their previous estimate of $4.42. The consensus estimate for Lundin Gold's current full-year earnings is $2.56 per share.

Other equities analysts also recently issued reports about the company. Jefferies Financial Group raised their price target on Lundin Gold from C$96.00 to C$111.00 in a research note on Monday, December 8th. Cormark upped their price target on shares of Lundin Gold from C$100.00 to C$115.00 in a research report on Wednesday, January 14th. TD Securities increased their price objective on shares of Lundin Gold from C$95.00 to C$114.00 in a research note on Thursday, January 22nd. BMO Capital Markets dropped their price objective on shares of Lundin Gold from C$128.00 to C$119.00 in a report on Monday, February 23rd. Finally, Royal Bank Of Canada boosted their target price on shares of Lundin Gold from C$91.00 to C$113.00 in a research report on Thursday, March 12th. Four equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Reduce" and an average target price of C$98.17.

Lundin Gold Stock Up 3.5%

Shares of LUG stock opened at C$110.00 on Thursday. The firm has a market capitalization of C$26.59 billion, a PE ratio of 33.64 and a beta of 1.30. The company has a 50 day moving average price of C$110.10 and a 200-day moving average price of C$107.25. Lundin Gold has a 52 week low of C$40.71 and a 52 week high of C$130.98.

Lundin Gold (TSE:LUG - Get Free Report) last announced its quarterly earnings results on Friday, February 20th. The company reported C$1.33 earnings per share (EPS) for the quarter. Lundin Gold had a return on equity of 60.01% and a net margin of 44.42%.The firm had revenue of C$697.82 million for the quarter.

Lundin Gold Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Thursday, March 26th were given a dividend of $1.1642 per share. The ex-dividend date was Wednesday, March 11th. This represents a $4.66 annualized dividend and a dividend yield of 4.2%. This is a positive change from Lundin Gold's previous quarterly dividend of $0.71. Lundin Gold's dividend payout ratio is currently 71.56%.

About Lundin Gold

Lundin Gold, headquartered in Vancouver, Canada, owns the Fruta del Norte gold mine in southeast Ecuador. Fruta del Norte is among the highest-grade operating gold mines in the world. The Company's board and management team have extensive expertise and are dedicated to operating Fruta del Norte responsibly. The Company operates with transparency and in accordance with international best practices. Lundin Gold is committed to delivering value to its shareholders through operational excellence and growth, while simultaneously providing economic and social benefits to impacted communities, fostering a healthy and safe workplace and minimizing the environmental impact.

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