Brokers Set Expectations for Lundin Gold Q2 Earnings

Lundin Gold Inc. (TSE:LUG - Free Report) - Equities research analysts at National Bank Financial issued their Q2 2025 EPS estimates for shares of Lundin Gold in a note issued to investors on Tuesday, May 13th. National Bank Financial analyst D. Demarco forecasts that the company will post earnings of $1.04 per share for the quarter. 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 FY2027 earnings at $3.40 EPS and FY2028 earnings at $2.74 EPS.

Several other brokerages have also recently weighed in on LUG. Cormark cut shares of Lundin Gold from a "moderate buy" rating to a "hold" rating in a research report on Tuesday, April 22nd. Desjardins boosted their target price on Lundin Gold from C$38.00 to C$42.00 and gave the company a "buy" rating in a research note on Thursday, February 13th. Jefferies Financial Group raised their price objective on shares of Lundin Gold from C$36.00 to C$45.00 in a report on Friday, April 4th. TD Securities increased their target price on shares of Lundin Gold from C$46.00 to C$58.00 in a research note on Tuesday, April 15th. Finally, Raymond James raised their target price on shares of Lundin Gold from C$32.00 to C$43.00 in a research note on Friday, April 4th. Eight investment analysts have rated the stock with a hold rating, three have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, Lundin Gold currently has a consensus rating of "Moderate Buy" and a consensus target price of C$44.00.

Lundin Gold Trading Up 3.7%

TSE LUG traded up C$2.20 during trading hours on Friday, hitting C$62.43. 739,304 shares of the company's stock were exchanged, compared to its average volume of 516,299. The firm has a market cap of C$10.66 billion, a price-to-earnings ratio of 35.04 and a beta of 1.23. Lundin Gold has a 1-year low of C$18.48 and a 1-year high of C$67.80. The stock has a 50-day simple moving average of C$51.35 and a 200 day simple moving average of C$40.58.

Lundin Gold Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 26th. Shareholders of record on Wednesday, March 26th were issued a $0.43 dividend. The ex-dividend date was Tuesday, March 11th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 2.76%. This is a boost from Lundin Gold's previous quarterly dividend of $0.20. Lundin Gold's dividend payout ratio (DPR) is currently 60.06%.

Insider Buying and Selling at Lundin Gold

In related news, Senior Officer Sheila Margaret Colman sold 9,900 shares of the business's stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of C$41.74, for a total transaction of C$413,226.00. Also, Director Ronald F. Hochstein sold 88,750 shares of the company's stock in a transaction that occurred on Wednesday, February 26th. The shares were sold at an average price of C$41.42, for a total value of C$3,675,732.13. In the last 90 days, insiders have sold 141,150 shares of company stock worth $5,959,984. 58.72% of the stock is currently owned by insiders.

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.