Q2 EPS Estimates for Lundin Gold Boosted by Analyst

Lundin Gold Inc. (TSE:LUG - Free Report) - Stock analysts at National Bank Financial boosted their Q2 2025 earnings estimates for Lundin Gold in a research report issued on Monday, June 23rd. National Bank Financial analyst D. Demarco now forecasts that the company will post earnings of $1.10 per share for the quarter, up from their prior forecast of $1.04. National Bank Financial 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 Q3 2025 earnings at $1.12 EPS, Q4 2025 earnings at $1.03 EPS and FY2025 earnings at $4.11 EPS.

LUG has been the subject of a number of other reports. CIBC upped their price objective on Lundin Gold from C$44.00 to C$46.00 in a research note on Thursday, April 17th. BMO Capital Markets upped their price target on shares of Lundin Gold from C$45.00 to C$62.00 in a research report on Friday, May 9th. National Bankshares cut shares of Lundin Gold from an "outperform" rating to a "sector perform" rating and increased their price objective for the stock from C$67.75 to C$89.00 in a report on Tuesday. TD Securities boosted their target price on shares of Lundin Gold from C$58.00 to C$65.00 and gave the company a "buy" rating in a research note on Thursday, May 22nd. Finally, Royal Bank Of Canada upped their target price on shares of Lundin Gold from C$50.00 to C$54.00 in a research report on Wednesday, June 4th. One analyst has rated the stock with a sell rating, ten have given a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of C$50.91.

Lundin Gold Trading Down 3.3%

Shares of Lundin Gold stock opened at C$70.75 on Wednesday. The stock has a market capitalization of C$12.08 billion, a price-to-earnings ratio of 39.71 and a beta of 1.23. Lundin Gold has a twelve month low of C$19.48 and a twelve month high of C$75.19. The business's 50 day simple moving average is C$63.29 and its 200-day simple moving average is C$46.90.

Insider Buying and Selling

In related news, Director Pablo Mir sold 8,000 shares of Lundin Gold stock in a transaction dated Tuesday, May 13th. The stock was sold at an average price of C$57.50, for a total transaction of C$460,000.00. Also, Senior Officer Terrence Smith sold 40,656 shares of the business's stock in a transaction dated Wednesday, May 28th. The stock was sold at an average price of C$64.06, for a total transaction of C$2,604,423.36. Insiders have sold a total of 65,056 shares of company stock valued at $4,166,044 over the last quarter. Corporate insiders own 58.72% of the company's stock.

Lundin Gold Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 25th. Investors of record on Wednesday, June 25th will be issued a dividend of $0.2075 per share. The ex-dividend date is Tuesday, June 10th. This represents a $0.83 annualized dividend and a yield of 1.17%. Lundin Gold's payout ratio is 60.06%.

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.

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.