Q2 EPS Estimates for Lundin Gold Boosted by Analyst

Lundin Gold Inc. (TSE:LUG - Free Report) - Investment analysts at National Bank Financial lifted their Q2 2025 earnings per share estimates for Lundin Gold in a research report issued on Tuesday, July 15th. National Bank Financial analyst D. Demarco now expects that the company will post earnings per share of $1.11 for the quarter, up from their prior estimate of $1.10. National Bank Financial currently has a "Hold" rating on the stock. The consensus estimate for Lundin Gold's current full-year earnings is $2.56 per share. National Bank Financial also issued estimates for Lundin Gold's FY2026 earnings at $4.33 EPS.

A number of other brokerages have also commented on LUG. BMO Capital Markets raised their price target on Lundin Gold from C$45.00 to C$62.00 in a report on Friday, May 9th. National Bankshares lowered 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. Royal Bank Of Canada lifted their price target on Lundin Gold from C$50.00 to C$54.00 in a research note on Wednesday, June 4th. Desjardins cut Lundin Gold from a "moderate buy" rating to a "hold" rating and lifted their price target for the stock from C$62.00 to C$70.00 in a research note on Thursday. Finally, Veritas cut Lundin Gold from a "strong-buy" rating to a "strong sell" rating in a research note on Monday, June 9th. One analyst has rated the stock with a sell rating and twelve have issued a hold rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of C$54.18.

Lundin Gold Price Performance

Shares of LUG traded down C$0.10 during trading hours on Thursday, reaching C$64.08. 690,923 shares of the company's stock traded hands, compared to its average volume of 673,223. The firm has a market capitalization of C$10.94 billion, a price-to-earnings ratio of 35.97 and a beta of 1.23. Lundin Gold has a twelve month low of C$21.51 and a twelve month high of C$75.19. The business's fifty day simple moving average is C$67.52 and its two-hundred day simple moving average is C$51.68.

Lundin Gold Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 25th. Shareholders of record on Wednesday, June 25th were given a dividend of $0.2075 per share. The ex-dividend date of this dividend was Tuesday, June 10th. This represents a $0.83 dividend on an annualized basis and a yield of 1.30%. Lundin Gold's payout ratio is presently 60.06%.

Insiders Place Their Bets

In other Lundin Gold news, Senior Officer Sheila Margaret Colman sold 1,400 shares of the firm's stock in a transaction dated Monday, June 23rd. The stock was sold at an average price of C$75.05, for a total transaction of C$105,070.00. Also, 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 value of C$996,550.50. In the last ninety days, insiders sold 65,056 shares of company stock worth $4,166,044. 58.72% of the stock is currently owned by company insiders.

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.