Lundin Gold Inc. (TSE:LUG – Free Report) – Equities research analysts at Raymond James reduced their Q1 2025 earnings estimates for Lundin Gold in a research note issued on Monday, January 6th. Raymond James analyst C. Stanley now expects that the company will earn $0.55 per share for the quarter, down from their previous estimate of $0.62. Raymond James currently has a “Market Perform” rating and a $29.00 price target on the stock. The consensus estimate for Lundin Gold’s current full-year earnings is $2.56 per share. Raymond James also issued estimates for Lundin Gold’s Q3 2025 earnings at $0.72 EPS.
Several other equities research analysts have also recently issued reports on LUG. BMO Capital Markets cut shares of Lundin Gold from an “outperform” rating to a “market perform” rating in a research report on Tuesday, December 10th. Jefferies Financial Group cut shares of Lundin Gold from a “buy” rating to a “hold” rating and lowered their price objective for the company from C$37.00 to C$36.00 in a research note on Wednesday, December 11th. Canaccord Genuity Group cut Lundin Gold from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 22nd. TD Securities upped their price target on Lundin Gold from C$27.00 to C$38.00 in a research note on Friday, October 18th. Finally, Cormark lifted their price objective on Lundin Gold from C$27.00 to C$32.00 and gave the company a “hold” rating in a research note on Thursday, October 10th. Six equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Lundin Gold presently has a consensus rating of “Moderate Buy” and a consensus price target of C$32.55.
Lundin Gold Stock Up 1.3 %
Shares of TSE:LUG opened at C$31.04 on Thursday. Lundin Gold has a 12-month low of C$14.23 and a 12-month high of C$35.89. The stock’s 50-day moving average price is C$32.08 and its two-hundred day moving average price is C$28.53. The company has a current ratio of 1.98, a quick ratio of 1.41 and a debt-to-equity ratio of 14.28. The firm has a market cap of C$7.45 billion, a price-to-earnings ratio of 24.06 and a beta of 1.23.
Lundin Gold (TSE:LUG – Get Free Report) last posted its quarterly earnings data on Thursday, November 7th. The company reported C$0.76 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.60 by C$0.16. The business had revenue of C$440.77 million for the quarter. Lundin Gold had a return on equity of 22.88% and a net margin of 24.30%.
Lundin Gold Cuts Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, December 20th. Investors of record on Friday, December 20th were issued a $0.20 dividend. The ex-dividend date was Thursday, December 5th. This represents a $0.80 annualized dividend and a yield of 2.58%. Lundin Gold’s dividend payout ratio is presently 82.95%.
Insider Buying and Selling at Lundin Gold
In other Lundin Gold news, Director Pablo Mir sold 11,535 shares of the stock in a transaction that occurred on Tuesday, January 7th. The stock was sold at an average price of C$30.78, for a total transaction of C$355,001.16. 58.72% of the stock is currently owned by insiders.
Lundin Gold Company Profile
Lundin Gold Inc operates as a mining company in Canada. The company holds interests in 28 metallic mineral concessions and three 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 seven concessions covering an area of approximately 5,566 hectares located near the city of Loja in Ecuador.
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