What is Raymond James' Forecast for Lundin Gold Q1 Earnings?

Lundin Gold Inc. (TSE:LUG - Free Report) - Equities research analysts at Raymond James lowered their Q1 2025 EPS estimates for Lundin Gold in a report issued on Monday, January 6th. Raymond James analyst C. Stanley now forecasts that the company will post earnings of $0.55 per share for the quarter, down from their previous 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.

Lundin Gold (TSE:LUG - Get Free Report) last issued its earnings results on Thursday, November 7th. The company reported C$0.76 earnings per share for the quarter, beating the consensus estimate of C$0.60 by C$0.16. The company had revenue of C$440.77 million during the quarter. Lundin Gold had a return on equity of 22.88% and a net margin of 24.30%.

A number of other research firms have also weighed in on LUG. Canaccord Genuity Group lowered shares of Lundin Gold from a "strong-buy" rating to a "hold" rating in a report on Tuesday, October 22nd. Desjardins upgraded Lundin Gold to a "moderate buy" rating in a report on Thursday, October 31st. CIBC boosted their target price on Lundin Gold from C$34.00 to C$41.00 in a research note on Monday, December 2nd. Cormark raised their price target on Lundin Gold from C$27.00 to C$32.00 and gave the stock a "hold" rating in a research note on Thursday, October 10th. Finally, Royal Bank of Canada lifted their price target on shares of Lundin Gold from C$27.00 to C$31.00 in a report on Friday, December 6th. Six investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of C$32.55.

Lundin Gold Trading Up 5.9 %

LUG traded up C$1.83 during trading on Thursday, hitting C$32.87. 297,599 shares of the stock traded hands, compared to its average volume of 288,531. The firm has a market capitalization of C$7.89 billion, a P/E ratio of 25.48 and a beta of 1.23. Lundin Gold has a 12-month low of C$14.23 and a 12-month high of C$35.89. The company has a debt-to-equity ratio of 14.28, a current ratio of 1.98 and a quick ratio of 1.41. The firm has a 50-day moving average of C$32.02 and a 200 day moving average of C$28.61.

Lundin Gold Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 20th. Investors of record on Friday, December 20th were given a dividend of $0.20 per share. The ex-dividend date of this dividend was Thursday, December 5th. This represents a $0.80 dividend on an annualized basis and a yield of 2.43%. Lundin Gold's dividend payout ratio (DPR) is currently 82.95%.

Insider Activity at Lundin Gold

In other Lundin Gold news, Director Pablo Mir sold 11,535 shares of Lundin Gold stock in a transaction on Tuesday, January 7th. The stock was sold at an average price of C$30.78, for a total transaction of C$355,001.16. 58.72% of the stock is currently owned by corporate insiders.

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.