TSE:LUG

Lundin Gold - LUG Stock Forecast, Price & News

C$15.51

+0.32 (+2.11%)

(As of 03/28/2023 12:00 AM ET)

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Today's Range: C$15.15
▼
C$15.57
50-Day Range: C$13.04
▼
C$15.60
52-Week Range: C$7.80
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C$16.00

Volume: 402,776 shs
Average Volume: 544,601 shs
Market Capitalization: C$3.66 billion

P/E Ratio: 36.07
Dividend Yield: 3.55%
Price Target: C$16.07

Lundin Gold MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.80 Rating Score
Upside/Downside: 3.6% Upside
C$16.07 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Selling Shares
C$784,420 Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.43 out of 5 stars

1.4

Analyst's Opinion

Consensus Rating
Lundin Gold has received a consensus rating of Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$16.07, Lundin Gold has a forecasted upside of 3.6% from its current price of C$15.51.
Amount of Analyst Coverage
Lundin Gold has only been the subject of 3 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for LUG.

1.7

Dividend Strength

Dividend Leadership
Lundin Gold is a leading dividend payer. It pays a dividend yield of 3.64%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Lundin Gold does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Lundin Gold is 127.91%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for LUG.

0.6

News and Social Media Coverage

MarketBeat Follows
1 people have added Lundin Gold to their MarketBeat watchlist in the last 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In 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$784,420.00 in company stock.
Percentage Held by Insiders
63.06% 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 Institutions
Only 23.90% of the stock of Lundin Gold is held by institutions.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Lundin Gold is 36.07, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.89.
Price to Earnings Ratio vs. Sector
The P/E ratio of Lundin Gold is 36.07, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 88.72.
Price to Book Value per Share Ratio
Lundin Gold has a P/B Ratio of 4.28. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Lundin Gold (TSE:LUG) Stock

Lundin Gold Inc. operates as a mining company in Canada. The company holds interests in 27 metallic mineral concessions and three construction material concessions covering an area of approximately 64,270 hectares located in Southeast Ecuador. It primary holds interests in the Fruta del Norte gold project comprising seven 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.

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LUG Stock News Headlines

February 27, 2023 | finance.yahoo.com

LUNDIN 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 OPERATIONS

February 20, 2023 | finance.yahoo.com

A Look At The Intrinsic Value Of Lundin Gold Inc. (TSE:LUG)

March 29, 2023 | Weiss Ratings (Ad)

Urgent Warning

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February 16, 2023 | finance.yahoo.com

LUNDIN GOLD TO RELEASE FOURTH QUARTER AND FULL YEAR 2022 RESULTS FEBRUARY 23, 2023

January 26, 2023 | finance.yahoo.com

LUNDIN GOLD REPORTS PROMISING RESULTS FROM THE FIRST ROUND OF NEAR-MINE EXPLORATION DRILLING AT FRUTA DEL NORTE

January 18, 2023 | seekingalpha.com

Lundin Gold: Time To Take Some Profits

January 14, 2023 | finance.yahoo.com

Lundin Gold (TSE:LUG) advances 8.3% this week, taking five-year gains to 219%

December 12, 2022 | finance.yahoo.com

Is Lundin Gold Inc.'s (TSE:LUG) Recent Stock Performance Tethered To Its Strong Fundamentals?

March 29, 2023 | Weiss Ratings (Ad)

Urgent Warning

December 6, 2022 | finance.yahoo.com

Metals & Mining Virtual Investor Conference Agenda Announced for December 7th and 8th

November 21, 2022 | finance.yahoo.com

LUNDIN GOLD REPORTS SIGNIFICANT DRILLING INTERCEPTS FROM ITS CONVERSION PROGRAM AT THE FRUTA DEL NORTE DEPOSIT

November 11, 2022 | finance.yahoo.com

Lundin Gold Third Quarter 2022 Earnings: EPS: US$0.27 (vs US$0.24 in 3Q 2021)

November 10, 2022 | finance.yahoo.com

LUNDIN GOLD TO PRESENT AT TOWN HALL MEETING ON NOVEMBER 14, 2022

November 8, 2022 | finance.yahoo.com

LUNDIN GOLD ANNOUNCES STRONG THIRD QUARTER RESULTS AND IS FIRMLY ON TRACK TO ACHIEVE HIGH END OF GOLD PRODUCTION GUIDANCE FOR 2022

October 27, 2022 | finance.yahoo.com

Lundin Gold (TSE:LUG) Could Become A Multi-Bagger

October 25, 2022 | finance.yahoo.com

LUNDIN GOLD TO RELEASE THIRD QUARTER OF 2022 RESULTS NOVEMBER 8, 2022

October 24, 2022 | finance.yahoo.com

LUNDIN GOLD ANNOUNCES THE COMPLETION OF THE SOUTH VENTILATION RAISE AT ITS FRUTA DEL NORTE GOLD MINE

October 24, 2022 | seekingalpha.com

Lundin Gold: Another Blowout Quarter

October 12, 2022 | finance.yahoo.com

Lundin Gold Inc.'s (TSE:LUG) market cap dropped CA$127m last week; individual investors who hold 32% were hit as were institutions

October 5, 2022 | finance.yahoo.com

LUNDIN GOLD ANNOUNCES ANOTHER STRONG QUARTER WITH PRODUCTION OF 121,635 OUNCES OF GOLD

September 18, 2022 | finance.yahoo.com

Lundin Gold Inc. (LUG.ST)

August 3, 2022 | theglobeandmail.com

Lundin Gold Inc stock dipped on Tuesday.

August 2, 2022 | theglobeandmail.com

Lundin Gold Inc stock advanced on Friday.

July 27, 2022 | theglobeandmail.com

Lundin Gold Inc stock boosted on Tuesday.

July 27, 2022 | finance.yahoo.com

LUNDIN GOLD FOUNDER AND FORMER CHAIRMAN LUKAS H. LUNDIN PASSES AWAY

July 26, 2022 | finance.yahoo.com

LUNDIN GOLD TO RELEASE SECOND QUARTER OF 2022 RESULTS AUGUST 9, 2022

July 19, 2022 | finance.yahoo.com

LUNDIN GOLD ANNOUNCES DTC ELIGIBILITY

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LUG Company Calendar

Last Earnings: 2/23/2023
Ex-Dividend for 3/31 Dividend: 3/10/2023
Today: 3/28/2023
Dividend Payable: 3/31/2023
Next Earnings (Estimated): 5/02/2023

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Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Industrial Metals & Minerals
Sub-Industry: N/A
Sector: Basic Materials
Current Symbol: TSE:LUG
CUSIP: N/A
CIK: N/A
Web: www.lundingold.com
Phone: 604-689-7842
Fax: N/A
Employees: 1,645
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: C$16.07
High Stock Price Forecast: C$20.00
Low Stock Price Forecast: C$13.00
Forecasted Upside/Downside: +3.4%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.80
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$0.43
Trailing P/E Ratio: 36.14
Forward P/E Ratio: 14.17
P/E Growth: N/A
Net Income: C$73.56 million
Net Margins: 9.02%
Pretax Margin: N/A
Return on Equity: 8.83%
Return on Assets: 12.48%

Debt

Debt-to-Equity Ratio: 78.39
Current Ratio: 1.44
Quick Ratio: 1.41

Sales & Book Value

Annual Sales: C$815.67 million
Price / Sales: 4.50
Cash Flow: C$1.44 per share
Price / Cash Flow: 10.81
Book Value: C$3.62 per share
Price / Book: 4.29

Miscellaneous

Outstanding Shares: 236,000,000
Free Float: N/A
Market Cap: C$3.67 billion
Optionable: Not Optionable
Beta: 1.11

Key Executives

Mr. Ronald F. Hochstein B.Sc. (Age 62)
MBA, P.Eng., Pres, CEO & Director
Comp: $1.2M

Mr. Alessandro Bitelli (Age 65)
Exec. VP & CFO
Comp: $595k

Ms. Sheila Margaret Colman
VP of Legal & Corp. Sec.

Mr. Nathan Monash
VP of Bus. Sustainability

Mr. David Dicaire (Age 64)
GM & VP of Projects
Comp: $599.59k

Finlay Heppenstall
Director of Investor Relations

Ms. Iliana Rodriguez
VP of HR

Mr. Andre Oliveira
VP of Exploration

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

LUG Stock - Frequently Asked Questions

Should I buy or sell Lundin Gold stock right now?: 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Lundin Gold in the last year. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" LUG shares.
View LUG analyst ratings or view top-rated stocks.
What is Lundin Gold's stock price forecast for 2023?: 5 Wall Street analysts have issued 12 month price objectives for Lundin Gold's stock. Their LUG share price forecasts range from C$13.00 to C$20.00. On average, they anticipate the company's share price to reach C$16.07 in the next year. This suggests a possible upside of 3.4% 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 on January 1st, 2023. Since then, LUG stock has increased by 17.5% and is now trading at C$15.54.
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, May 2nd 2023.
View our LUG earnings forecast.
How were Lundin Gold's earnings last quarter?: Lundin Gold Inc. (TSE:LUG) posted its quarterly earnings data on Thursday, February, 23rd. The company reported $0.19 earnings per share for the quarter, topping analysts' consensus estimates of $0.16 by $0.03. The business earned $286.42 million during the quarter. Lundin Gold had a net margin of 9.02% and a trailing twelve-month return on equity of 8.83%.
How often does Lundin Gold pay dividends? What is the dividend yield for Lundin Gold?: Lundin Gold declared a quarterly dividend on Friday, March 10th. Stockholders of record on Friday, March 31st will be given a dividend of 0.133 per share on Friday, March 31st. This represents a $0.53 dividend on an annualized basis and a dividend yield of 3.42%. The ex-dividend date of this dividend is Friday, March 10th.
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 3.64%. The dividend payout ratio is 127.91%. 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$15.54.
How much money does Lundin Gold make?: Lundin Gold (TSE:LUG) has a market capitalization of C$3.67 billion and generates C$815.67 million in revenue each year. The company earns C$73.56 million in net income (profit) each year or C$0.43 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?: 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 3/29/2023 by MarketBeat.com Staff

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Lundin Gold - LUG Stock Forecast, Price & News

Lundin Gold MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Lundin Gold (TSE:LUG) Stock

LUG Stock News Headlines

LUG Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

LUG Stock - Frequently Asked Questions

Overall MarketRank^™