Scotiabank Issues Positive Outlook for Lundin Gold Earnings

Lundin Gold Inc. (TSE:LUG) – Stock analysts at Scotiabank boosted their FY2026 EPS estimates for shares of Lundin Gold in a note issued to investors on Thursday, February 19th. Scotiabank analyst O. Habib now expects that the company will earn $4.54 per share for the year, up from their prior forecast of $4.53. The consensus estimate for Lundin Gold’s current full-year earnings is $2.56 per share.

Other equities analysts have also recently issued reports about the stock. BMO Capital Markets raised their target price on shares of Lundin Gold from C$118.00 to C$125.00 in a research note on Tuesday, January 13th. Jefferies Financial Group increased their price target on shares of Lundin Gold from C$96.00 to C$111.00 in a research note on Monday, December 8th. Cormark boosted their price objective on shares of Lundin Gold from C$100.00 to C$115.00 in a research note on Wednesday, January 14th. Canadian Imperial Bank of Commerce upped their target price on shares of Lundin Gold from C$123.00 to C$141.00 in a report on Wednesday, February 4th. Finally, TD Securities raised their target price on shares of Lundin Gold from C$95.00 to C$114.00 in a research note on Thursday, January 22nd. Five research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Reduce” and a consensus price target of C$93.75.

Lundin Gold Stock Down 0.8%

TSE:LUG opened at C$108.16 on Monday. The firm has a market capitalization of C$26.14 billion, a price-to-earnings ratio of 38.22 and a beta of 1.02. Lundin Gold has a twelve month low of C$37.86 and a twelve month high of C$125.75. The stock’s 50 day moving average price is C$113.63 and its two-hundred day moving average price is C$102.27.

Lundin Gold (TSE:LUG) last released its earnings results on Thursday, February 19th. The company reported C$1.33 earnings per share (EPS) for the quarter. Lundin Gold had a return on equity of 29.88% and a net margin of 29.56%.The business had revenue of C$697.82 million for the quarter.

Lundin Gold Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 22nd. Shareholders of record on Monday, December 22nd were given a dividend of $0.7058 per share. This represents a $2.82 annualized dividend and a yield of 2.6%. This is a boost from Lundin Gold’s previous quarterly dividend of $0.68. The ex-dividend date was Friday, December 5th. Lundin Gold’s dividend payout ratio (DPR) is 61.48%.

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.