Q3 Earnings Forecast for Lundin Gold Issued By Cormark

Lundin Gold Inc. (TSE:LUG) – Research analysts at Cormark issued their Q3 2025 earnings estimates for Lundin Gold in a research note issued on Wednesday, October 29th. Cormark analyst N. Dion forecasts that the company will earn $1.05 per share for the quarter. The consensus estimate for Lundin Gold’s current full-year earnings is $2.56 per share.

Other equities analysts have also issued research reports about the stock. TD Securities lowered shares of Lundin Gold from a “strong-buy” rating to a “hold” rating and lifted their price target for the company from C$65.00 to C$73.00 in a report on Wednesday, July 16th. Canaccord Genuity Group lifted their price target on shares of Lundin Gold from C$60.00 to C$78.00 in a report on Thursday, October 2nd. CIBC lifted their price target on shares of Lundin Gold from C$85.00 to C$116.00 in a report on Friday, October 10th. BMO Capital Markets lifted their price target on shares of Lundin Gold from C$93.00 to C$104.00 in a report on Thursday, October 9th. Finally, Desjardins lowered shares of Lundin Gold from a “moderate buy” rating to a “hold” rating and lifted their target price for the company from C$62.00 to C$70.00 in a report on Thursday, July 17th. Ten 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 a consensus price target of C$72.88.

Lundin Gold Stock Up 2.7%

LUG stock opened at C$96.31 on Thursday. Lundin Gold has a 52-week low of C$29.42 and a 52-week high of C$116.20. The stock’s fifty day simple moving average is C$91.80 and its 200-day simple moving average is C$75.23. The stock has a market capitalization of C$23.24 billion, a price-to-earnings ratio of 37.92 and a beta of 1.26.

Insider Buying and Selling at Lundin Gold

In related news, insider Chester See sold 20,000 shares of Lundin Gold stock in a transaction on Tuesday, August 26th. The shares were sold at an average price of C$83.30, for a total transaction of C$1,666,000.00. Following the sale, the insider owned 132,571 shares of the company’s stock, valued at C$11,043,164.30. The trade was a 13.11% decrease in their position. Also, insider Sheila Margaret Colman sold 14,600 shares of Lundin Gold stock in a transaction on Tuesday, August 26th. The stock was sold at an average price of C$81.49, for a total transaction of C$1,189,754.00. Following the sale, the insider directly owned 37,068 shares in the company, valued at C$3,020,671.32. This trade represents a 28.26% decrease in their position. Insiders own 58.72% of the company’s stock.

Lundin Gold Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, September 25th. Investors of record on Thursday, September 25th were paid a dividend of $0.675 per share. This is a positive change from Lundin Gold’s previous quarterly dividend of $0.21. The ex-dividend date of this dividend was Wednesday, September 10th. This represents a $2.70 annualized dividend and a yield of 2.8%. Lundin Gold’s payout ratio is presently 45.28%.

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.