Lundin Gold (LUG) Stock Forecast, Price & News

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lundin Gold in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" LUG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LUG, but not buy additional shares or sell existing shares.
View LUG analyst ratings or view top-rated stocks.

5 analysts have issued 12 month price objectives for Lundin Gold's shares. Their LUG share price forecasts range from C$13.50 to C$21.00. On average, they anticipate the company's share price to reach C$18.69 in the next year. This suggests a possible upside of 22.5% from the stock's current price.
View analysts price targets for LUG or view top-rated stocks among Wall Street analysts.

Lundin Gold's stock was trading at C$13.23 at the beginning of the year. Since then, LUG stock has increased by 15.3% and is now trading at C$15.25.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 14th 2023.
View our LUG earnings forecast.

Lundin Gold Inc. (TSE:LUG) issued its quarterly earnings data on Wednesday, August, 9th. The company reported $0.34 earnings per share for the quarter, missing analysts' consensus estimates of $0.36 by $0.02. The firm earned $327.66 million during the quarter. Lundin Gold had a trailing twelve-month return on equity of 11.88% and a net margin of 11.82%.

Lundin Gold declared a quarterly dividend on Friday, September 8th. Investors of record on Tuesday, September 26th will be given a dividend of 0.267 per share on Tuesday, September 26th. This represents a $1.07 dividend on an annualized basis and a yield of 7.00%. The ex-dividend date is Friday, September 8th. This is a boost from the stock's previous quarterly dividend of C$0.10.
Read our dividend analysis for LUG.

Lundin Gold (TSE:LUG) pays an annual dividend of C$0.54 per share and currently has a dividend yield of 3.35%. The dividend payout ratio is 88.52%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for LUG.

Based on aggregate information from My MarketBeat watchlists, some companies that other Lundin Gold investors own include Kirkland Lake Gold (KL), Suncor Energy (SU), First Majestic Silver (FR), Barrick Gold (ABX), Enbridge (ENB), Vermilion Energy (VET), B2Gold (BTO), Canadian Natural Resources (CNQ), Americas Silver (USA) and Yamana Gold (YRI).

Lundin Gold trades on the Toronto Stock Exchange (TSX) under the ticker symbol "LUG."

Shares of LUG stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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One share of LUG stock can currently be purchased for approximately C$15.25.

Lundin Gold (TSE:LUG) has a market capitalization of C$3.62 billion and generates C$922.04 million in revenue each year. The company earns C$109.03 million in net income (profit) each year or C$0.61 on an earnings per share basis.

The company employs 1,645 workers across the globe.

Lundin Gold's mailing address is 885 West Georgia Street, Suite 2000, Vancouver, BC V6C 3E8, Canada. The official website for the company is www.lundingold.com. The company can be reached via phone at 604-689-7842.