FY2026 EPS Estimates for Lundin Gold Cut by Scotiabank

Lundin Gold Inc. (TSE:LUG) – Equities research analysts at Scotiabank reduced their FY2026 earnings per share estimates for shares of Lundin Gold in a report issued on Wednesday, April 1st. Scotiabank analyst O. Habib now expects that the company will post earnings of $4.21 per share for the year, down from their prior estimate of $4.42. The consensus estimate for Lundin Gold’s current full-year earnings is $2.56 per share.

Several other equities research analysts also recently weighed in on the stock. BMO Capital Markets reduced their target price on shares of Lundin Gold from C$128.00 to C$119.00 in a research note on Monday, February 23rd. Canadian Imperial Bank of Commerce lifted their price target on shares of Lundin Gold from C$123.00 to C$141.00 in a research note on Wednesday, February 4th. Royal Bank Of Canada lifted their price target on shares of Lundin Gold from C$91.00 to C$113.00 in a research note on Thursday, March 12th. Jefferies Financial Group increased their price objective on shares of Lundin Gold from C$96.00 to C$111.00 in a research report on Monday, December 8th. Finally, Cormark raised their price objective on shares of Lundin Gold from C$100.00 to C$115.00 in a research note on Wednesday, January 14th. Four analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Lundin Gold presently has an average rating of “Reduce” and an average target price of C$98.17.

Lundin Gold Stock Up 3.5%

TSE LUG opened at C$110.00 on Thursday. The company has a fifty day moving average of C$110.10 and a two-hundred day moving average of C$107.25. The firm has a market capitalization of C$26.59 billion, a price-to-earnings ratio of 33.64 and a beta of 1.30. Lundin Gold has a 52 week low of C$40.71 and a 52 week high of C$130.98.

Lundin Gold (TSE:LUG) last released its earnings results on Friday, February 20th. The company reported C$1.33 earnings per share for the quarter. Lundin Gold had a return on equity of 60.01% and a net margin of 44.42%.The firm had revenue of C$697.82 million for the quarter.

Lundin Gold Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Thursday, March 26th were paid a dividend of $1.1642 per share. This is an increase from Lundin Gold’s previous quarterly dividend of $0.71. This represents a $4.66 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend was Wednesday, March 11th. Lundin Gold’s payout ratio is presently 71.56%.

About Lundin Gold

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.