Lundin Gold Inc. (TSE:LUG – Free Report) – Stock analysts at Raymond James dropped their Q1 2025 earnings estimates for shares of Lundin Gold in a research note issued on Monday, January 6th. Raymond James analyst C. Stanley now expects that the company will post earnings of $0.55 per share for the quarter, down from their prior forecast of $0.62. Raymond James has a “Market Perform” rating and a $29.00 price objective 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 commented on the stock. BMO Capital Markets downgraded shares of Lundin Gold from an “outperform” rating to a “market perform” rating in a research note on Tuesday, December 10th. 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. TD Securities increased their price target on shares of Lundin Gold from C$27.00 to C$38.00 in a research note on Friday, October 18th. Desjardins raised shares of Lundin Gold to a “moderate buy” rating in a research note on Thursday, October 31st. Finally, CIBC increased their price target on shares of Lundin Gold from C$34.00 to C$41.00 in a research note on Monday, December 2nd. Five research analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of C$33.15.
Lundin Gold Stock Performance
TSE LUG opened at C$33.84 on Thursday. The company has a 50-day simple moving average of C$32.00 and a two-hundred day simple moving average of C$28.64. The company has a quick ratio of 1.41, a current ratio of 1.98 and a debt-to-equity ratio of 14.28. Lundin Gold has a 12-month low of C$14.23 and a 12-month high of C$35.89. The firm 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 (TSE:LUG – Get Free Report) last announced its earnings results 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. Lundin Gold had a net margin of 24.30% and a return on equity of 22.88%. The company had revenue of C$440.77 million during the quarter.
Lundin Gold Cuts Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 20th. Shareholders of record on Friday, December 20th were paid a $0.20 dividend. The ex-dividend date of this dividend was Thursday, December 5th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.36%. Lundin Gold’s payout ratio is currently 82.95%.
Insiders Place Their Bets
In related news, Director Pablo Mir sold 11,535 shares of Lundin Gold stock in a transaction dated Tuesday, January 7th. The shares were sold at an average price of C$30.78, for a total transaction of C$355,001.16. Corporate insiders own 58.72% of the company’s stock.
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.
See Also
- Five stocks we like better than Lundin Gold
- Bank Stocks – Best Bank Stocks to Invest In
- Driving Forward: Lucid’s Growing Sales and Gravity SUV’s Impact
- How to Start Investing in Real Estate
- Why Amazon’s Next Earnings Could Trigger a Stock Breakout
- Expert Stock Trading Psychology Tips
- With This Kind of Data, The Fed Isn’t Cutting Rates This Year
Receive News & Ratings for Lundin Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lundin Gold and related companies with MarketBeat.com's FREE daily email newsletter.