Lundin Gold Inc. (TSE:LUG – Free Report) – Analysts at Raymond James dropped their Q1 2025 earnings estimates for Lundin Gold in a report released on Monday, January 6th. Raymond James analyst C. Stanley now anticipates that the company will earn $0.55 per share for the quarter, down from their prior forecast of $0.62. Raymond James currently has a “Market Perform” rating and a $29.00 target price 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 analysts also recently issued reports on LUG. Jefferies Financial Group downgraded shares of Lundin Gold from a “buy” rating to a “hold” rating and decreased their price objective for the company from C$37.00 to C$36.00 in a report on Wednesday, December 11th. BMO Capital Markets downgraded shares of Lundin Gold from an “outperform” rating to a “market perform” rating in a report on Tuesday, December 10th. Canaccord Genuity Group downgraded shares of Lundin Gold from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 22nd. Scotiabank decreased their price target on shares of Lundin Gold from C$31.50 to C$30.00 in a research note on Tuesday, December 10th. Finally, Royal Bank of Canada raised their price target on shares of Lundin Gold from C$27.00 to C$31.00 in a research note on Friday, December 6th. Five research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of C$33.15.
Lundin Gold Stock Performance
LUG opened at C$33.84 on Thursday. The company has a quick ratio of 1.41, a current ratio of 1.98 and a debt-to-equity ratio of 14.28. The company has a market cap of C$8.12 billion, a price-to-earnings ratio of 26.23 and a beta of 1.23. Lundin Gold has a 52-week low of C$14.23 and a 52-week high of C$35.89. The firm’s fifty day simple moving average is C$32.00 and its two-hundred day simple moving average is C$28.64.
Lundin Gold (TSE:LUG – Get Free Report) last released its quarterly earnings results on Thursday, November 7th. The company reported C$0.76 EPS for the quarter, beating the consensus estimate of C$0.60 by C$0.16. The company had revenue of C$440.77 million for the quarter. Lundin Gold had a net margin of 24.30% and a return on equity of 22.88%.
Insider Buying and Selling at Lundin Gold
In related news, Director Pablo Mir sold 11,535 shares of Lundin Gold stock in a transaction that occurred on Tuesday, January 7th. The shares were sold at an average price of C$30.78, for a total value of C$355,001.16. Company insiders own 58.72% of the company’s stock.
Lundin Gold Cuts Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, December 20th. Shareholders of record on Friday, December 20th were given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.36%. The ex-dividend date of this dividend was Thursday, December 5th. Lundin Gold’s dividend payout ratio is presently 82.95%.
About Lundin Gold
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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