TSE:LUG Lundin Gold (LUG) Stock Forecast, Price & News C$16.11 +0.47 (+3.01%) (As of 09/20/2023 ET) Add Compare Share Share Today's RangeC$15.63▼C$16.3650-Day RangeC$14.90▼C$18.6852-Week RangeC$8.50▼C$19.42Volume396,840 shsAverage Volume373,496 shsMarket CapitalizationC$3.83 billionP/E Ratio26.41Dividend Yield3.41%Price TargetC$18.69 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesSocial Media Lundin Gold MarketRank™ ForecastAnalyst RatingHold2.40 Rating ScoreUpside/Downside16.0% UpsideC$18.69 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingSelling SharesC$403,795 Sold Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.66 out of 5 stars 2.2 Analyst's Opinion Consensus RatingLundin Gold has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$18.69, Lundin Gold has a forecasted upside of 16.0% from its current price of C$16.11.Amount of Analyst CoverageLundin Gold has only been the subject of 2 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for LUG. Previous Next 1.7 Dividend Strength Dividend LeadershipLundin Gold is a leading dividend payer. It pays a dividend yield of 3.60%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthLundin Gold does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Lundin Gold is 90.16%. Payout ratios above 75% are not desirable because they may not be sustainable. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for LUG. Previous Next 0.0 News and Social Media Coverage Search InterestOnly 3 people have searched for LUG on MarketBeat in the last 30 days. This is a decrease of -40% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Lundin Gold insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$403,795.00 in company stock.Percentage Held by Insiders59.39% of the stock of Lundin Gold is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 26.91% of the stock of Lundin Gold is held by institutions. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Lundin Gold is 26.41, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.14.Price to Earnings Ratio vs. SectorThe P/E ratio of Lundin Gold is 26.41, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 96.51.Price to Book Value per Share RatioLundin Gold has a P/B Ratio of 4.13. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Lundin Gold (TSE:LUG) StockLundin Gold Inc. operates as a mining company in Canada. The company holds interests in metallic mineral concessions and construction material concessions covering an area of approximately 64,454 hectares located in Southeast Ecuador. It primary holds 100% interests in the Fruta del Norte gold project that comprising concessions covering an area of approximately 5,566 hectares located near the city of Loja in Ecuador. The company was formerly known as Fortress Minerals Corp. and changed its name to Lundin Gold Inc. in December 2014. Lundin Gold Inc. was incorporated in 1986 and is headquartered in Vancouver, Canada.Read More LUG Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart LUG Stock News HeadlinesSeptember 12, 2023 | americanbankingnews.comLundin Gold (TSE:LUG) Reaches New 12-Month High After Dividend AnnouncementSeptember 7, 2023 | juniorminingnetwork.comLundin Gold Expands 2023 Near-Mine Exploration ProgramSeptember 21, 2023 | Edge On The Street (Ad)Is Gold Really Boring?Many investors perceive gold as a "boring" investment. But according to MoneyWeek, that's a good thing. Gold helps investors sleep soundly as it preserves wealth and creates a hedge against inflation. Today, there's a unique way to invest in gold, with real advantages over coins and mining stocks. September 7, 2023 | finance.yahoo.comLUNDIN GOLD EXPANDS ITS 2023 NEAR-MINE EXPLORATION PROGRAMAugust 9, 2023 | finance.yahoo.comLUNDIN GOLD REPORTS SECOND QUARTER 2023 RESULTS AND UPDATES 2023 GUIDANCEJuly 26, 2023 | finance.yahoo.comLUNDIN GOLD TO RELEASE 2023 SECOND QUARTER RESULTS AUGUST 9, 2023July 6, 2023 | finance.yahoo.comLUNDIN GOLD REPORTS PRODUCTION OF 129,731 OUNCES OF GOLD IN THE SECOND QUARTER OF 2023June 7, 2023 | seekingalpha.comLUG:CA Lundin Gold Inc.September 21, 2023 | Wall Street Fundamentals (Ad)How is This "Hidden Gem" Thriving in a Turbulent Market?While Wall Street flounders and giants like Amazon & Microsoft lay off thousands... One overlooked company has been quietly achieving over 400% growth. How? By buying, building, and scaling a portfolio of promising brands in high-margin, recession-resistant verticals.May 24, 2023 | finance.yahoo.comLUNDIN GOLD TO HOST INVESTOR DAY ON JUNE 7, 2023May 5, 2023 | finance.yahoo.comLUNDIN GOLD TO RELEASE 2023 FIRST QUARTER RESULTS MAY 10, 2023April 25, 2023 | theglobeandmail.comClosing Bell: Lundin Gold Inc up on Monday (LUG)April 19, 2023 | theglobeandmail.comClosing Bell: Lundin Gold Inc down on Wednesday (LUG)April 17, 2023 | theglobeandmail.comClosing Bell: Lundin Gold Inc down on Monday (LUG)April 12, 2023 | theglobeandmail.comClosing Bell: Lundin Gold Inc up on Tuesday (LUG)April 12, 2023 | finance.yahoo.comLUNDIN GOLD ANNOUNCES APPOINTMENT OF CHIEF FINANCIAL OFFICERMarch 31, 2023 | finance.yahoo.comLUNDIN GOLD FILES AMENDED FRUTA DEL NORTE TECHNICAL REPORTMarch 30, 2023 | finance.yahoo.comLUNDIN GOLD FILES UPDATED TECHNICAL REPORT FOR FRUTA DEL NORTEFebruary 27, 2023 | finance.yahoo.comLUNDIN GOLD ADDS 1.58 MILLION OUNCES OF GOLD TO FRUTA DEL NORTE ORIGINAL MINERAL RESERVES, MORE THAN REPLACING MINED MINERAL RESERVES SINCE THE BEGINNING OF OPERATIONSFebruary 20, 2023 | finance.yahoo.comA Look At The Intrinsic Value Of Lundin Gold Inc. (TSE:LUG)February 16, 2023 | finance.yahoo.comLUNDIN GOLD TO RELEASE FOURTH QUARTER AND FULL YEAR 2022 RESULTS FEBRUARY 23, 2023January 26, 2023 | finance.yahoo.comLUNDIN GOLD REPORTS PROMISING RESULTS FROM THE FIRST ROUND OF NEAR-MINE EXPLORATION DRILLING AT FRUTA DEL NORTEJanuary 18, 2023 | seekingalpha.comLundin Gold: Time To Take Some ProfitsJanuary 14, 2023 | finance.yahoo.comLundin Gold (TSE:LUG) advances 8.3% this week, taking five-year gains to 219%December 12, 2022 | finance.yahoo.comIs Lundin Gold Inc.'s (TSE:LUG) Recent Stock Performance Tethered To Its Strong Fundamentals?December 6, 2022 | finance.yahoo.comMetals & Mining Virtual Investor Conference Agenda Announced for December 7th and 8thNovember 21, 2022 | finance.yahoo.comLUNDIN GOLD REPORTS SIGNIFICANT DRILLING INTERCEPTS FROM ITS CONVERSION PROGRAM AT THE FRUTA DEL NORTE DEPOSITSee More Headlines Receive LUG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Lundin Gold and its competitors with MarketBeat's FREE daily newsletter. Email Address LUG Company Calendar Ex-Dividend for 6/27 Dividend6/12/2023Dividend Payable6/27/2023Ex-Dividend for 9/26 Dividend9/08/2023Today9/21/2023Dividend Payable9/26/2023Next Earnings (Estimated)11/14/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Gold Sub-IndustryN/A SectorBasic Materials Current SymbolTSE:LUG CUSIPN/A CIKN/A Webwww.lundingold.com Phone604-689-7842FaxN/AEmployees1,645Year FoundedN/APrice Target and Rating Average Stock Price ForecastC$18.69 High Stock Price ForecastC$21.00 Low Stock Price ForecastC$13.50 Forecasted Upside/Downside+16.0%Consensus RatingHold Rating Score (0-4)2.40 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)C$0.61 Trailing P/E Ratio26.41 Forward P/E Ratio12.09 P/E GrowthN/ANet IncomeC$109.03 million Net Margins11.82% Pretax MarginN/A Return on Equity11.88% Return on Assets15.47% Debt Debt-to-Equity Ratio42.85 Current Ratio1.99 Quick Ratio1.41 Sales & Book Value Annual SalesC$922.04 million Price / Sales4.15 Cash FlowC$1.49 per share Price / Cash Flow10.81 Book ValueC$3.90 per share Price / Book4.13Miscellaneous Outstanding Shares237,560,000Free FloatN/AMarket CapC$3.83 billion OptionableNot Optionable Beta1.11 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Key ExecutivesMr. Ronald F. Hochstein B.Sc. (Age 62)MBA, P.Eng., Pres, CEO & Director Comp: $1.38MMs. Sheila Margaret Colman L.L.B.VP of Legal & Corp. Sec.Mr. Nathan MonashVP of Bus. SustainabilityMr. Christopher KololianChief Financial OfficerMr. Terrence F. D. Smith P.Eng. (Age 46)Chief Operating Officer Finlay HeppenstallDirector of Investor RelationsMr. Chester SeeSr. VP of Fin.Mr. Andre Oliveira P.Geo.VP of ExplorationMore ExecutivesKey CompetitorsSSR MiningTSE:SSRMOsisko Gold RoyaltiesTSE:ORAlacer GoldTSE:ASREldorado GoldTSE:ELDPerseus MiningTSE:PRUView All CompetitorsInsidersNathan Saul MonashSold 25,000 sharesTotal: C$403,795.00 ($16.15/share)Chantal GosselinSold 34,500 sharesTotal: C$518,238.30 ($15.02/share)Nathan Saul MonashSold 11,000 sharesTotal: C$168,911.60 ($15.36/share)Sheila Margaret ColmanSold 6,500 sharesTotal: C$97,269.90 ($14.96/share)Nathan Saul MonashSold 22,600 sharesTotal: C$326,095.40 ($14.43/share)View All Insider Transactions LUG Stock - Frequently Asked Questions Should I buy or sell Lundin Gold stock right now? 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. What is Lundin Gold's stock price forecast for 2023? 5 brokers have issued 12 month target prices 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 twelve months. This suggests a possible upside of 16.0% from the stock's current price. View analysts price targets for LUG or view top-rated stocks among Wall Street analysts. How have LUG shares performed in 2023? Lundin Gold's stock was trading at C$13.23 at the beginning of 2023. Since then, LUG shares have increased by 21.8% and is now trading at C$16.11. View the best growth stocks for 2023 here. When is Lundin Gold's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 14th 2023. View our LUG earnings forecast. How often does Lundin Gold pay dividends? What is the dividend yield for Lundin Gold? Lundin Gold announced 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 annualized dividend and a yield of 6.63%. The ex-dividend date of this dividend 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. Is Lundin Gold a good dividend stock? Lundin Gold (TSE:LUG) pays an annual dividend of C$0.55 per share and currently has a dividend yield of 3.60%. The dividend payout ratio is 90.16%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for LUG. What other stocks do shareholders of Lundin Gold own? 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). What is Lundin Gold's stock symbol? Lundin Gold trades on the Toronto Stock Exchange (TSX) under the ticker symbol "LUG." How do I buy shares of Lundin Gold? 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.Compare Top Brokerages Here. What is Lundin Gold's stock price today? One share of LUG stock can currently be purchased for approximately C$16.11. How much money does Lundin Gold make? Lundin Gold (TSE:LUG) has a market capitalization of C$3.83 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. How many employees does Lundin Gold have? The company employs 1,645 workers across the globe. How can I contact Lundin Gold? 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. This page (TSE:LUG) was last updated on 9/21/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Lundin Gold Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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