Brokers Offer Predictions for Lundin Gold Q2 Earnings

Lundin Gold Inc. (TSE:LUG - Free Report) - Stock analysts at National Bank Financial lifted their Q2 2025 EPS estimates for Lundin Gold in a note issued to investors on Monday, June 23rd. National Bank Financial analyst D. Demarco now forecasts that the company will earn $1.10 per share for the quarter, up from their prior estimate 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.

Other equities research analysts also recently issued research reports about the stock. Jefferies Financial Group raised their price target on shares of Lundin Gold from C$36.00 to C$45.00 in a research report on Friday, April 4th. National Bankshares downgraded shares of Lundin Gold from an "outperform" rating to a "sector perform" rating and raised their price target for the company from C$67.75 to C$89.00 in a research report on Tuesday. Cibc World Mkts downgraded shares of Lundin Gold from a "strong-buy" rating to a "hold" rating in a research report on Thursday, March 20th. CIBC raised their price target on shares of Lundin Gold from C$44.00 to C$46.00 in a research report on Thursday, April 17th. Finally, Veritas downgraded shares of Lundin Gold from a "strong-buy" rating to a "strong sell" rating in a research report on Monday, June 9th. One research analyst has rated the stock with a sell rating, ten have given a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Hold" and an average price target of C$50.91.

Lundin Gold Trading Down 7.9%

LUG traded down C$5.81 during midday trading on Wednesday, reaching C$67.51. The company's stock had a trading volume of 1,273,982 shares, compared to its average volume of 653,348. The firm has a market capitalization of C$11.52 billion, a price-to-earnings ratio of 37.90 and a beta of 1.23. The stock's 50-day moving average is C$64.10 and its 200-day moving average is C$47.57. Lundin Gold has a 1 year low of C$19.48 and a 1 year high of C$75.19.

Lundin Gold Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 25th. Shareholders of record on Wednesday, June 25th were given a $0.2075 dividend. The ex-dividend date of this dividend was Tuesday, June 10th. This represents a $0.83 annualized dividend and a yield of 1.23%. Lundin Gold's payout ratio is presently 60.06%.

Insiders Place Their Bets

In other news, Director Pablo Mir sold 8,000 shares of the firm's stock in a transaction on Tuesday, May 13th. The shares were sold at an average price of C$57.50, for a total transaction of C$460,000.00. Also, Senior Officer Sheila Margaret Colman sold 1,400 shares of the firm's stock in a transaction on Monday, June 23rd. The shares were sold at an average price of C$75.05, for a total transaction of C$105,070.00. Over the last ninety days, insiders have sold 65,056 shares of company stock worth $4,166,044. Company insiders own 58.72% of the company's stock.

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.