National Bank Financial Comments on Lundin Gold Q2 Earnings

Lundin Gold Inc. (TSE:LUG - Free Report) - Analysts at National Bank Financial issued their Q2 2025 earnings per share (EPS) estimates for Lundin Gold in a research report issued to clients and investors on Tuesday, May 13th. National Bank Financial analyst D. Demarco forecasts that the company will post earnings per share of $1.04 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 research firms have also commented on LUG. Royal Bank of Canada raised their price objective on Lundin Gold from C$37.00 to C$42.00 in a research report on Friday, April 4th. Veritas raised Lundin Gold to a "strong-buy" rating in a research report on Wednesday, May 14th. TD Securities lifted their target price on Lundin Gold from C$46.00 to C$58.00 in a research report on Tuesday, April 15th. Cibc World Mkts lowered Lundin Gold from a "strong-buy" rating to a "hold" rating in a research report on Thursday, March 20th. Finally, BMO Capital Markets lifted their target price on Lundin Gold from C$45.00 to C$62.00 in a research report on Friday, May 9th. Eight research analysts have rated the stock with a hold rating, three have given a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of C$44.00.

Lundin Gold Trading Up 0.3%

TSE:LUG traded up C$0.17 during mid-day trading on Friday, hitting C$56.61. The company had a trading volume of 503,851 shares, compared to its average volume of 506,535. The business has a fifty day simple moving average of C$51.02 and a 200-day simple moving average of C$40.44. Lundin Gold has a 1 year low of C$18.48 and a 1 year high of C$67.80. The firm has a market capitalization of C$9.66 billion, a price-to-earnings ratio of 31.78 and a beta of 1.23.

Insider Buying and Selling

In other Lundin Gold news, Senior Officer Sheila Margaret Colman sold 9,900 shares of Lundin Gold stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of C$41.74, for a total value of C$413,226.00. Also, Director Pablo Mir sold 8,000 shares of Lundin Gold stock in a transaction that occurred on Tuesday, May 13th. The shares were sold at an average price of C$57.50, for a total value of C$460,000.00. Over the last three months, insiders sold 141,150 shares of company stock worth $5,959,984. Corporate insiders own 58.72% of the company's stock.

Lundin Gold Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 26th. Investors of record on Wednesday, March 26th were paid a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a yield of 3.04%. This is an increase from Lundin Gold's previous quarterly dividend of $0.20. The ex-dividend date of this dividend was Tuesday, March 11th. Lundin Gold's dividend payout ratio (DPR) 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.