FY2026 EPS Estimates for Lundin Gold Cut by Scotiabank

Lundin Gold Inc. (TSE:LUG) – Equities research analysts at Scotiabank reduced their FY2026 earnings estimates for shares of Lundin Gold in a research report issued on Wednesday, July 15th. Scotiabank analyst O. Habib now forecasts that the company will earn $4.07 per share for the year, down from their prior forecast of $4.14. The consensus estimate for Lundin Gold’s current full-year earnings is $2.56 per share.

A number of other analysts have also commented on LUG. Jefferies Financial Group dropped their price target on Lundin Gold from C$90.00 to C$88.00 in a research note on Monday, July 6th. ATB Cormark Capital Markets raised shares of Lundin Gold from a “sector perform” rating to an “outperform” rating and set a C$130.00 target price for the company in a research report on Friday, May 8th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of C$102.36.

Lundin Gold Stock Performance

TSE:LUG opened at C$76.82 on Friday. Lundin Gold has a fifty-two week low of C$62.55 and a fifty-two week high of C$130.98. The company has a market cap of C$18.58 billion, a price-to-earnings ratio of 20.38 and a beta of 1.64. The stock has a fifty day moving average price of C$82.35 and a 200-day moving average price of C$100.37.

Lundin Gold (TSE:LUG) last issued its quarterly earnings results on Thursday, May 7th. The company reported C$1.57 earnings per share (EPS) for the quarter. Lundin Gold had a return on equity of 68.29% and a net margin of 45.73%.The business had revenue of C$788.83 million during the quarter.

Lundin Gold Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Thursday, June 25th were issued a dividend of $0.91 per share. This represents a $3.64 annualized dividend and a yield of 4.7%. The ex-dividend date was Wednesday, June 10th. Lundin Gold’s dividend payout ratio (DPR) is presently 84.62%.

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.