Should I buy or sell Lundin Gold stock right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lundin Gold in the last twelve months. There are currently 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" LUG shares. View LUG analyst ratings or view top-rated stocks .

What is Lundin Gold's stock price target for 2024?

8 brokerages have issued 12 month target prices for Lundin Gold's shares. Their LUG share price targets range from C$17.50 to C$28.00. On average, they anticipate the company's stock price to reach C$20.95 in the next year. This suggests a possible upside of 9.4% from the stock's current price. View analysts price targets for LUG or view top-rated stocks among Wall Street analysts .

How have LUG shares performed in 2024?

Lundin Gold's stock was trading at C$16.54 at the beginning of 2024. Since then, LUG shares have increased by 15.8% and is now trading at C$19.15. View the best growth stocks for 2024 here .

When is Lundin Gold's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024. View our LUG earnings forecast .

How were Lundin Gold's earnings last quarter?

Lundin Gold Inc. (TSE:LUG) issued its earnings results on Thursday, February, 22nd. The company reported $0.19 EPS for the quarter, missing analysts' consensus estimates of $0.21 by $0.02. The firm earned $259.63 million during the quarter. Lundin Gold had a trailing twelve-month return on equity of 19.85% and a net margin of 19.88%.

How often does Lundin Gold pay dividends? What is the dividend yield for Lundin Gold?

Lundin Gold announced a quarterly dividend on Thursday, February 22nd. Shareholders of record on Friday, March 8th will be paid a dividend of 0.269 per share on Monday, March 25th. This represents a $1.08 dividend on an annualized basis and a yield of 5.62%. The ex-dividend date of this dividend is Thursday, March 7th. Read our dividend analysis for LUG .

Is Lundin Gold a good dividend stock?

Lundin Gold (TSE:LUG) pays an annual dividend of C$0.54 per share and currently has a dividend yield of 2.88%. The dividend payout ratio is 52.94%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for LUG .

What other stocks do shareholders of Lundin Gold own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Lundin Gold investors own include Kirkland Lake Gold (KL) , Suncor Energy (SU) , First Majestic Silver (FR) , Barrick Gold (ABX) , Enbridge (ENB) , Vermilion Energy (VET) , B2Gold (BTO) , Canadian Natural Resources (CNQ) , Americas Silver (USA) and Yamana Gold (YRI) .

How do I buy shares of Lundin Gold?

Shares of LUG stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

TSE:LUG

Lundin Gold (LUG) Stock Price, News & Analysis

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Free LUG Stock Alerts

C$19.28

+0.13 (+0.68%)

(As of 09:39 AM ET)

Compare

Today's Range: C$19.28
▼
C$19.47
50-Day Range: C$14.46
▼
C$19.45
52-Week Range: C$14.23
▼
C$19.57

Volume: 5,504 shs
Average Volume: 269,043 shs
Market Capitalization: C$4.59 billion

P/E Ratio: 18.90
Dividend Yield: 2.80%
Price Target: C$20.95

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines Insider Trades

Get Lundin Gold alerts:

Lundin Gold MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.63 Rating Score
Upside/Downside: 9.4% Upside
C$20.95 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.70
Based on 6 Articles This Week
Insider Trading: Selling Shares
C$1.67 M Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.41 out of 5 stars

2.3

Analyst's Opinion

Consensus Rating
Lundin Gold has received a consensus rating of Moderate Buy. The company's average rating score is 2.63, and is based on 5 buy ratings, 3 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Lundin Gold has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

N/A

Short Interest

Short Interest
There is no current short interest data available for LUG.

1.7

Dividend Strength

Dividend Yield
Lundin Gold pays a meaningful dividend of 2.88%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Lundin Gold does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Lundin Gold is 52.94%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for LUG.

3.7

News and Social Media Coverage

News Sentiment
Lundin Gold has a news sentiment score of 0.70. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.37 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for Lundin Gold this week, compared to 1 article on an average week.
Search Interest
1 people have searched for LUG on MarketBeat in the last 30 days.
MarketBeat Follows
2 people have added Lundin Gold to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Lundin Gold insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$1,673,330.00 in company stock.
Percentage Held by Insiders
59.46% of the stock of Lundin Gold is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 26.55% of the stock of Lundin Gold is held by institutions.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Lundin Gold is 18.77, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.12.
Price to Earnings Ratio vs. Sector
The P/E ratio of Lundin Gold is 18.77, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 130.49.
Price to Book Value per Share Ratio
Lundin Gold has a P/B Ratio of 4.76. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About Lundin Gold Stock (TSE:LUG)

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. The company was formerly known as Fortress Minerals Corp. and changed its name to Lundin Gold Inc. in December 2014. Lundin Gold Inc. was incorporated in 1986 and is headquartered in Vancouver, Canada.

LUG Stock Price History

30 days | 90 days | 365 days | Advanced Chart

LUG Stock News Headlines

March 28, 2024 | insidertrades.com

Lundin Gold Inc. (TSE:LUG) Director Sells C$87,560.66 in Stock

April 18, 2024 | seekingalpha.com

Lundin Gold: Impressive Cash Flows And Healthy Reserves

April 18, 2024 | DTI (Ad)

This company has increased its dividend every year for 54 years

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April 14, 2024 | americanbankingnews.com

Lundin Gold (TSE:LUG) Rating Increased to Buy at Cormark

April 14, 2024 | americanbankingnews.com

Lundin Gold (TSE:LUG) PT Raised to C$28.00

April 8, 2024 | americanbankingnews.com

Lundin Gold Inc. (TSE:LUG) Receives Consensus Recommendation of "Moderate Buy" from Analysts

April 5, 2024 | finance.yahoo.com

LUNDIN GOLD ANNUAL MEETING OF SHAREHOLDERS TO BE HELD MAY 10, 2024

March 27, 2024 | juniorminingnetwork.com

Lundin Gold Announces Increase in Mineral Reserves to 5.50 Million Ounces at Fruta Del Norte Gold Mine

April 18, 2024 | DTI (Ad)

This company has increased its dividend every year for 54 years

March 11, 2024 | finance.yahoo.com

Here's Why Lundin Gold (TSE:LUG) Has Caught The Eye Of Investors

February 26, 2024 | finance.yahoo.com

Under The Bonnet, Lundin Gold's (TSE:LUG) Returns Look Impressive

February 23, 2024 | msn.com

Canada shares higher at close of trade; S&P/TSX Composite up 0.45%

February 20, 2024 | finance.yahoo.com

NEMESIA S.À R.L. COMPLETES CORPORATE RESTRUCTURING

February 8, 2024 | theglobeandmail.com

Closing Bell: Lundin Gold Inc up on Thursday (LUG)

February 5, 2024 | finance.yahoo.com

While private companies own 27% of Lundin Gold Inc. (TSE:LUG), public companies are its largest shareholders with 32% ownership

January 30, 2024 | wsj.com

Lundin Gold Inc.

January 30, 2024 | msn.com

TSX Today: What to Watch for in Stocks on Monday, January 29

January 26, 2024 | msn.com

Canada shares higher at close of trade; S&P/TSX Composite up 0.11%

January 12, 2024 | markets.businessinsider.com

Analysts Offer Insights on Materials Companies: Solaris Resources (OtherSLSSF) and Lundin Gold (OtherLUGDF)

January 7, 2024 | finance.yahoo.com

Does This Valuation Of Lundin Gold Inc. (TSE:LUG) Imply Investors Are Overpaying?

December 27, 2023 | investing.com

Lundin Gold Inc (LUG)

November 30, 2023 | finance.yahoo.com

The 7.7% return this week takes Lundin Gold's (TSE:LUG) shareholders five-year gains to 263%

November 14, 2023 | finance.yahoo.com

LUNDIN GOLD REPAYS IN FULL ITS SENIOR DEBT FACILITY

November 9, 2023 | juniorminingnetwork.com

Lundin Gold Reports Third Quarter 2023 Results and Elects to Fully Repay Senior Debt Facility

November 8, 2023 | finance.yahoo.com

LUNDIN GOLD REPORTS THIRD QUARTER 2023 RESULTS AND ELECTS TO FULLY REPAY ITS SENIOR DEBT FACILITY

November 4, 2023 | morningstar.com

Lundin Gold Inc LUG

October 26, 2023 | finance.yahoo.com

LUNDIN GOLD TO RELEASE 2023 THIRD QUARTER RESULTS NOVEMBER 8, 2023

See More Headlines

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Company Calendar

Last Earnings: 2/22/2024
Ex-Dividend for 3/25 Dividend: 3/07/2024
Dividend Payable: 3/25/2024
Today: 4/18/2024
Next Earnings (Confirmed): 5/08/2024

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Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Basic Materials
Industry: Gold
Sub-Industry: N/A
Current Symbol: TSE:LUG
CUSIP: N/A
CIK: N/A
Web: www.lundingold.com
Phone: 604-689-7842
Fax: N/A
Employees: 1,645
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$20.95
High Stock Price Target: C$28.00
Low Stock Price Target: C$17.50
Potential Upside/Downside: +8.7%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.63
Research Coverage: 8 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$1.02
Trailing P/E Ratio: 18.90
Forward P/E Ratio: 14.15
P/E Growth: N/A
Net Income: C$179.46 million
Net Margins: 19.88%
Pretax Margin: N/A
Return on Equity: 19.85%
Return on Assets: 15.56%

Debt

Debt-to-Equity Ratio: 31.98
Current Ratio: 2.86
Quick Ratio: 1.41

Sales & Book Value

Annual Sales: C$902.52 million
Price / Sales: 5.09
Cash Flow: C$1.78 per share
Price / Cash Flow: 10.81
Book Value: C$4.02 per share
Price / Book: 4.80

Miscellaneous

Outstanding Shares: 238,150,000
Free Float: N/A
Market Cap: C$4.59 billion
Optionable: Not Optionable
Beta: 1.10

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Key Executives

Mr. Ronald F. Hochstein B.Sc. (Age 63)
MBA, P.Eng., President, CEO & Director
Comp: $1.87M
Ms. Sheila Margaret Colman L.L.B.
Vice President of Legal & Sustainability and Corporate Secretary
Mr. Christopher Kololian
Chief Financial Officer
Mr. Terrence F. D. Smith P.Eng. (Age 47)
Chief Operating Officer
Finlay Heppenstall
Director of Investor Relations & Corporate Development
Mr. Chester See
Senior Vice President of Finance
Mr. Andre Oliveira P.Geo.
Vice President of Exploration

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

LUG Stock Analysis - Frequently Asked Questions

Should I buy or sell Lundin Gold stock right now?: 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lundin Gold in the last twelve months. There are currently 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" LUG shares.
View LUG analyst ratings or view top-rated stocks.
What is Lundin Gold's stock price target for 2024?: 8 brokerages have issued 12 month target prices for Lundin Gold's shares. Their LUG share price targets range from C$17.50 to C$28.00. On average, they anticipate the company's stock price to reach C$20.95 in the next year. This suggests a possible upside of 9.4% from the stock's current price.
View analysts price targets for LUG or view top-rated stocks among Wall Street analysts.
How have LUG shares performed in 2024?: Lundin Gold's stock was trading at C$16.54 at the beginning of 2024. Since then, LUG shares have increased by 15.8% and is now trading at C$19.15.
View the best growth stocks for 2024 here.
When is Lundin Gold's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our LUG earnings forecast.
How were Lundin Gold's earnings last quarter?: Lundin Gold Inc. (TSE:LUG) issued its earnings results on Thursday, February, 22nd. The company reported $0.19 EPS for the quarter, missing analysts' consensus estimates of $0.21 by $0.02. The firm earned $259.63 million during the quarter. Lundin Gold had a trailing twelve-month return on equity of 19.85% and a net margin of 19.88%.

How often does Lundin Gold pay dividends? What is the dividend yield for Lundin Gold?: Lundin Gold announced a quarterly dividend on Thursday, February 22nd. Shareholders of record on Friday, March 8th will be paid a dividend of 0.269 per share on Monday, March 25th. This represents a $1.08 dividend on an annualized basis and a yield of 5.62%. The ex-dividend date of this dividend is Thursday, March 7th.
Read our dividend analysis for LUG.
Is Lundin Gold a good dividend stock?: Lundin Gold (TSE:LUG) pays an annual dividend of C$0.54 per share and currently has a dividend yield of 2.88%. The dividend payout ratio is 52.94%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for LUG.
What other stocks do shareholders of Lundin Gold own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Lundin Gold investors own include Kirkland Lake Gold (KL), Suncor Energy (SU), First Majestic Silver (FR), Barrick Gold (ABX), Enbridge (ENB), Vermilion Energy (VET), B2Gold (BTO), Canadian Natural Resources (CNQ), Americas Silver (USA) and Yamana Gold (YRI).
How do I buy shares of Lundin Gold?: Shares of LUG stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:LUG) was last updated on 4/18/2024 by MarketBeat.com Staff

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Lundin Gold (LUG) Stock Price, News & Analysis

Lundin Gold MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Lundin Gold Stock (TSE:LUG)

LUG Stock Price History

LUG Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

LUG Stock Analysis - Frequently Asked Questions

Overall MarketRank^™