Lundin Gold Q2 EPS Boosted by Raymond James Financial

Key Points

• Raymond James Financial has increased its Q2 2025 earnings estimate for Lundin Gold to $1.12 per share, up from a previous estimate of $0.92, while the consensus for the full year is $2.56 per share.
• Recent analyst ratings for Lundin Gold show mixed reviews, with Jefferies increasing their price target to C$45.00, while Veritas downgraded their rating from "strong-buy" to "strong sell."
• Lundin Gold's stock has experienced significant insider sales, with directors selling a total of over C$4 million worth of shares in the last ninety days.

Lundin Gold Inc. (TSE:LUG - Free Report) - Raymond James Financial upped their Q2 2025 earnings per share (EPS) estimates for shares of Lundin Gold in a research report issued on Monday, July 28th. Raymond James Financial analyst C. Stanley now anticipates that the company will post earnings per share of $1.12 for the quarter, up from their previous forecast of $0.92. The consensus estimate for Lundin Gold's current full-year earnings is $2.56 per share. Raymond James Financial also issued estimates for Lundin Gold's FY2025 earnings at $3.66 EPS.

Several other equities research analysts have also commented on LUG. Royal Bank Of Canada boosted their price objective on shares of Lundin Gold from C$50.00 to C$54.00 in a research report on Wednesday, June 4th. BMO Capital Markets upped their price target on shares of Lundin Gold from C$45.00 to C$62.00 in a report on Friday, May 9th. Veritas cut shares of Lundin Gold from a "strong-buy" rating to a "strong sell" rating in a research note on Monday, June 9th. CIBC lifted their price objective on Lundin Gold from C$44.00 to C$46.00 in a research report on Thursday, April 17th. Finally, National Bankshares cut Lundin Gold from an "outperform" rating to a "sector perform" rating and increased their target price for the company from C$67.75 to C$89.00 in a report on Tuesday, June 24th. One investment analyst has rated the stock with a sell rating and twelve have issued a hold rating to the company. Based on data from MarketBeat.com, Lundin Gold presently has an average rating of "Hold" and an average price target of C$54.18.

Lundin Gold Price Performance

Lundin Gold stock traded up C$0.85 during trading hours on Thursday, hitting C$64.98. The stock had a trading volume of 687,716 shares, compared to its average volume of 667,352. Lundin Gold has a 1-year low of C$21.51 and a 1-year high of C$75.19. The stock has a market capitalization of C$11.09 billion, a price-to-earnings ratio of 36.48 and a beta of 1.23. The stock's fifty day moving average is C$68.70 and its two-hundred day moving average is C$54.05.

Insider Transactions at Lundin Gold

In related news, Senior Officer Sheila Margaret Colman sold 1,400 shares of the company's stock in a transaction on Monday, June 23rd. The stock was sold at an average price of C$75.05, for a total value of C$105,070.00. Also, Senior Officer Terrence Smith sold 40,656 shares of the firm's stock in a transaction dated Wednesday, May 28th. The stock was sold at an average price of C$64.06, for a total value of C$2,604,423.36. Insiders have sold 65,056 shares of company stock worth $4,166,044 over the last quarter. 58.72% of the stock is currently owned by insiders.

Lundin Gold Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 25th. Stockholders of record on Wednesday, June 25th were issued a dividend of $0.2075 per share. The ex-dividend date was Tuesday, June 10th. This represents a $0.83 annualized dividend and a dividend yield of 1.3%. Lundin Gold's dividend payout ratio (DPR) 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.