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 (EPS) 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 post earnings of $4.07 per share for the year, down from their previous forecast of $4.14. The consensus estimate for Lundin Gold’s current full-year earnings is $2.56 per share.

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

Several other research firms have also weighed in on LUG. Jefferies Financial Group cut their target price on shares of Lundin Gold from C$90.00 to C$88.00 in a report 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 price target on the stock in a report on Friday, May 8th. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of C$102.36.

Lundin Gold Trading Up 2.1%

Lundin Gold stock opened at C$76.82 on Friday. Lundin Gold has a 12 month low of C$62.55 and a 12 month high of C$130.98. The stock’s 50 day simple moving average is C$82.35 and its two-hundred day simple moving average is C$100.37. The firm has a market cap of C$18.58 billion, a PE ratio of 20.38 and a beta of 1.64.

Lundin Gold Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Thursday, June 25th were issued a $0.91 dividend. The ex-dividend date of this dividend was Wednesday, June 10th. This represents a $3.64 dividend on an annualized basis and a yield of 4.7%. Lundin Gold’s dividend payout ratio 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.