
Lundin Gold Inc. (TSE:LUG – Free Report) – Research analysts at Scotiabank raised their FY2026 earnings per share estimates for Lundin Gold in a report released on Thursday, February 19th. Scotiabank analyst O. Habib now anticipates that the company will post earnings of $4.54 per share for the year, up from their prior forecast of $4.53. The consensus estimate for Lundin Gold’s current full-year earnings is $2.56 per share.
Several other equities analysts have also commented on LUG. Canaccord Genuity Group upped their price objective on shares of Lundin Gold from C$103.00 to C$108.00 in a report on Wednesday, November 12th. Cormark upped their price target on Lundin Gold from C$100.00 to C$115.00 in a research note on Wednesday, January 14th. Canadian Imperial Bank of Commerce raised their price target on Lundin Gold from C$123.00 to C$141.00 in a research report on Wednesday, February 4th. BMO Capital Markets cut their price objective on Lundin Gold from C$128.00 to C$119.00 in a report on Monday. Finally, TD Securities increased their target price on Lundin Gold from C$95.00 to C$114.00 in a research note on Thursday, January 22nd. Five research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Reduce” and an average target price of C$93.25.
Lundin Gold Price Performance
Shares of LUG stock opened at C$116.00 on Monday. Lundin Gold has a 1-year low of C$37.86 and a 1-year high of C$125.75. The firm has a market cap of C$28.04 billion, a PE ratio of 40.99 and a beta of 1.02. The company has a 50-day moving average of C$113.73 and a two-hundred day moving average of C$102.57.
Lundin Gold (TSE:LUG – Get Free Report) last issued its quarterly earnings data on Thursday, February 19th. The company reported C$1.33 earnings per share (EPS) for the quarter. The firm had revenue of C$697.82 million during the quarter. Lundin Gold had a return on equity of 29.88% and a net margin of 29.56%.
Lundin Gold Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, December 22nd. Stockholders of record on Monday, December 22nd were paid a $0.7058 dividend. This represents a $2.82 annualized dividend and a dividend yield of 2.4%. The ex-dividend date was Friday, December 5th. This is a boost from Lundin Gold’s previous quarterly dividend of $0.68. Lundin Gold’s dividend payout ratio (DPR) is 61.48%.
Lundin Gold Company Profile
Lundin Gold, headquartered in Vancouver, Canada, owns the Fruta del Norte gold mine in southeast Ecuador. Fruta del Norte is among the highest-grade operating gold mines in the world. The Company’s board and management team have extensive expertise and are dedicated to operating Fruta del Norte responsibly. The Company operates with transparency and in accordance with international best practices. Lundin Gold is committed to delivering value to its shareholders through operational excellence and growth, while simultaneously providing economic and social benefits to impacted communities, fostering a healthy and safe workplace and minimizing the environmental impact.
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