National Bank Financial Predicts Lundin Gold Q1 Earnings

Lundin Gold Inc. (TSE:LUG - Free Report) - Equities researchers at National Bank Financial issued their Q1 2025 earnings estimates for shares of Lundin Gold in a research report issued on Tuesday, April 22nd. National Bank Financial analyst D. Demarco expects that the company will post earnings per share of $0.90 for the quarter. The consensus estimate for Lundin Gold's current full-year earnings is $2.56 per share. National Bank Financial also issued estimates for Lundin Gold's FY2025 earnings at $3.78 EPS and FY2026 earnings at $3.71 EPS.

A number of other brokerages have also recently issued reports on LUG. CIBC lifted their price target on shares of Lundin Gold from C$44.00 to C$46.00 in a research report on Thursday, April 17th. TD Securities lifted their price target on shares of Lundin Gold from C$46.00 to C$58.00 in a research report on Tuesday, April 15th. Scotiabank lifted their price target on shares of Lundin Gold from C$30.00 to C$31.50 in a research report on Wednesday, January 15th. Cibc World Mkts cut shares of Lundin Gold from a "strong-buy" rating to a "hold" rating in a research report on Thursday, March 20th. Finally, Jefferies Financial Group lifted their price target on shares of Lundin Gold from C$36.00 to C$45.00 in a research report on Friday, April 4th. Eight research analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Lundin Gold currently has an average rating of "Hold" and an average price target of C$42.20.

Lundin Gold Price Performance

TSE LUG traded down C$2.20 during trading hours on Friday, reaching C$55.94. 767,421 shares of the company's stock traded hands, compared to its average volume of 474,764. Lundin Gold has a 52-week low of C$18.14 and a 52-week high of C$60.35. The firm has a market cap of C$9.55 billion, a PE ratio of 31.40 and a beta of 1.23. The firm has a 50-day simple moving average of C$45.86 and a 200 day simple moving average of C$37.94.

Insider Buying and Selling at Lundin Gold

In other news, Senior Officer Chester See sold 5,800 shares of the firm's stock in a transaction on Friday, February 28th. The stock was sold at an average price of C$40.92, for a total value of C$237,321.50. Also, Senior Officer Sheila Margaret Colman sold 9,900 shares of the firm's stock in a transaction on Wednesday, February 26th. The stock was sold at an average price of C$41.74, for a total value of C$413,226.00. In the last three months, insiders have sold 133,150 shares of company stock worth $5,499,984. Insiders own 58.72% of the company's stock.

Lundin Gold Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 26th. Shareholders of record on Wednesday, March 26th were paid a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a yield of 3.07%. This is an increase from Lundin Gold's previous quarterly dividend of $0.20. The ex-dividend date of this dividend was Tuesday, March 11th. Lundin Gold's dividend payout ratio (DPR) is currently 60.06%.

Lundin Gold Company Profile

Lundin Gold Inc is a Canada based company focused on its Fruta del Norte gold operation and developing its portfolio of mineral concessions in Ecuador. The Fruta del Norte deposit is located within a 150 km long copper-gold metallogenic sub-province located in the Cordillera del Condor region in southeastern Ecuador.