FY2026 EPS Estimates for Lundin Gold Lowered by Scotiabank

Lundin Gold Inc. (TSE:LUG) – Analysts at Scotiabank lowered their FY2026 earnings per share estimates for Lundin Gold in a research report issued to clients and investors on Wednesday, April 1st. Scotiabank analyst O. Habib now expects that the company will earn $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.

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

Several other research analysts have also issued reports on the company. Canadian Imperial Bank of Commerce upped their target price on Lundin Gold from C$123.00 to C$141.00 in a research report on Wednesday, February 4th. Cormark upped their price objective on shares of Lundin Gold from C$100.00 to C$115.00 in a report on Wednesday, January 14th. TD Securities upped their target price on Lundin Gold from C$95.00 to C$114.00 in a research note on Thursday, January 22nd. Royal Bank Of Canada increased their target price on shares of Lundin Gold from C$91.00 to C$113.00 in a research note on Thursday, March 12th. Finally, Jefferies Financial Group raised their price objective on Lundin Gold from C$96.00 to C$111.00 in a report on Monday, December 8th. Four research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Reduce” and an average price target of C$98.17.

Lundin Gold Price Performance

Shares of TSE LUG opened at C$111.41 on Thursday. The stock has a market capitalization of C$26.93 billion, a P/E ratio of 34.07 and a beta of 1.30. The business has a fifty day moving average price of C$109.94 and a 200 day moving average price of C$107.28. Lundin Gold has a 1-year low of C$40.71 and a 1-year high of C$130.98.

Lundin Gold Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Thursday, March 26th were given a $1.1642 dividend. This represents a $4.66 annualized dividend and a dividend yield of 4.2%. This is a boost from Lundin Gold’s previous quarterly dividend of $0.71. The ex-dividend date was Wednesday, March 11th. Lundin Gold’s dividend payout ratio (DPR) is 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.