FY2026 EPS Estimates for Lundin Gold Cut by Desjardins

Lundin Gold Inc. (TSE:LUG) – Desjardins lowered their FY2026 earnings per share (EPS) estimates for shares of Lundin Gold in a research report issued on Thursday, February 20th. Desjardins analyst A. Carson now anticipates that the company will post earnings per share of $3.00 for the year, down from their previous forecast of $3.05. Desjardins has a “Buy” rating and a $42.00 price target on the stock. The consensus estimate for Lundin Gold’s current full-year earnings is $2.56 per share. Desjardins also issued estimates for Lundin Gold’s FY2027 earnings at $2.60 EPS.

Other equities research analysts have also recently issued research reports about the company. Royal Bank of Canada raised their price objective on Lundin Gold from C$31.00 to C$35.00 and gave the stock a “sector perform” rating in a report on Tuesday, February 11th. Cormark cut Lundin Gold from a “moderate buy” rating to a “hold” rating in a report on Thursday, February 20th. Jefferies Financial Group cut Lundin Gold from a “buy” rating to a “hold” rating and decreased their price objective for the stock from C$37.00 to C$36.00 in a report on Wednesday, December 11th. CIBC raised their price objective on Lundin Gold from C$34.00 to C$41.00 in a report on Monday, December 2nd. Finally, Scotiabank raised their price objective on Lundin Gold from C$30.00 to C$31.50 in a report on Wednesday, January 15th. Seven analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Lundin Gold presently has an average rating of “Moderate Buy” and an average price target of C$34.45.

Lundin Gold Stock Performance

Lundin Gold stock opened at C$41.21 on Monday. The stock has a fifty day moving average of C$34.74 and a two-hundred day moving average of C$31.97. The company has a market capitalization of C$7.03 billion, a price-to-earnings ratio of 23.13 and a beta of 1.23. Lundin Gold has a fifty-two week low of C$15.24 and a fifty-two week high of C$41.28.

Insider Buying and Selling

In other Lundin Gold news, Director Pablo Mir sold 11,535 shares of the company’s stock in a transaction dated Tuesday, January 7th. The shares were sold at an average price of C$30.78, for a total transaction of C$355,001.16. 58.72% of the stock is currently owned by corporate insiders.

Lundin Gold Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 20th. Investors of record on Friday, December 20th were issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 1.94%. The ex-dividend date was Thursday, December 5th. Lundin Gold’s dividend payout ratio is presently 60.06%.

Lundin Gold Company Profile

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.