FY2025 Earnings Estimate for Lundin Gold Inc. (TSE:LUG) Issued By National Bank Financial

Lundin Gold Inc. (TSE:LUG) – Investment analysts at National Bank Financial raised their FY2025 EPS estimates for Lundin Gold in a report released on Thursday, April 18th. National Bank Financial analyst D. Demarco now expects that the company will earn $2.20 per share for the year, up from their prior estimate of $2.11. The consensus estimate for Lundin Gold’s current full-year earnings is $1.36 per share.

Several other analysts have also recently issued reports on LUG. Veritas Investment Research upped their price objective on Lundin Gold from C$20.90 to C$28.00 in a report on Friday, April 12th. National Bankshares upped their price target on shares of Lundin Gold from C$24.50 to C$24.75 in a research note on Friday. Scotiabank lifted their price objective on shares of Lundin Gold from C$20.00 to C$21.00 and gave the stock a “sector perform” rating in a research note on Thursday, March 28th. Jefferies Financial Group boosted their target price on shares of Lundin Gold from C$19.00 to C$23.00 and gave the stock a “buy” rating in a report on Monday. Finally, Cormark increased their price target on shares of Lundin Gold from C$22.00 to C$23.00 in a report on Friday. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of C$21.84.

Lundin Gold Price Performance

Shares of Lundin Gold stock opened at C$18.91 on Monday. The firm has a market cap of C$4.50 billion, a PE ratio of 18.54 and a beta of 1.10. The stock has a 50 day moving average of C$17.54 and a 200 day moving average of C$16.60. The company has a current ratio of 2.86, a quick ratio of 1.41 and a debt-to-equity ratio of 31.98. Lundin Gold has a 12 month low of C$14.23 and a 12 month high of C$20.36.

Lundin Gold (TSE:LUG) last released its quarterly earnings data on Thursday, February 22nd. The company reported C$0.19 EPS for the quarter, missing the consensus estimate of C$0.21 by C($0.02). Lundin Gold had a net margin of 19.88% and a return on equity of 19.85%. The company had revenue of C$259.63 million for the quarter.

Insider Transactions at Lundin Gold

In related news, Director Ronald F. Hochstein sold 100,000 shares of the business’s stock in a transaction on Monday, March 4th. The stock was sold at an average price of C$16.73, for a total transaction of C$1,673,330.00. Company insiders own 59.46% of the company’s stock.

Lundin Gold Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 25th. Stockholders of record on Friday, March 8th were paid a dividend of $0.269 per share. The ex-dividend date was Thursday, March 7th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 5.69%. Lundin Gold’s dividend payout ratio is 52.94%.

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.