Research Analysts’ Recent Ratings Updates for Lundin Gold (LUG)

A number of firms have modified their ratings and price targets on shares of Lundin Gold (TSE: LUG) recently:

• 4/15/2025 – Lundin Gold had its price target raised by analysts at TD Securities from C$46.00 to C$58.00.
• 4/14/2025 – Lundin Gold was upgraded by analysts at Cormark from a “market perform” rating to a “buy” rating. They now have a C$54.00 price target on the stock, up previously from C$42.00.
• 4/4/2025 – Lundin Gold had its price target raised by analysts at Raymond James from C$32.00 to C$43.00.
• 4/4/2025 – Lundin Gold had its price target raised by analysts at Jefferies Financial Group Inc. from C$36.00 to C$45.00.
• 4/4/2025 – Lundin Gold had its price target raised by analysts at Royal Bank of Canada from C$37.00 to C$42.00.
• 3/20/2025 – Lundin Gold was downgraded by analysts at CIBC from an “outperform” rating to a “neutral” rating. They now have a C$44.00 price target on the stock, up previously from C$41.00.
• 3/20/2025 – Lundin Gold was downgraded by analysts at Cibc World Mkts from a “strong-buy” rating to a “hold” rating.
• 2/27/2025 – Lundin Gold had its price target raised by analysts at TD Securities from C$40.00 to C$46.00. They now have a “buy” rating on the stock.
• 2/20/2025 – Lundin Gold was downgraded by analysts at Cormark from a “moderate buy” rating to a “hold” rating.

Lundin Gold Stock Performance

LUG traded up C$2.01 on Tuesday, hitting C$53.87. The company had a trading volume of 891,403 shares, compared to its average volume of 438,803. The stock has a market capitalization of C$9.20 billion, a price-to-earnings ratio of 30.24 and a beta of 1.23. The stock has a fifty day moving average price of C$42.15 and a 200-day moving average price of C$36.08. Lundin Gold Inc. has a 12-month low of C$18.14 and a 12-month high of C$53.99.

Lundin Gold Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 26th. Investors of record on Wednesday, March 26th were paid a $0.43 dividend. The ex-dividend date of this dividend was Tuesday, March 11th. This is a boost from Lundin Gold’s previous quarterly dividend of $0.20. This represents a $1.72 dividend on an annualized basis and a yield of 3.19%. Lundin Gold’s dividend payout ratio (DPR) is 60.06%.

Insider Activity

In related news, Director Ronald F. Hochstein sold 88,750 shares of the firm’s stock in a transaction on Wednesday, February 26th. The shares were sold at an average price of C$41.42, for a total transaction of C$3,675,732.13. Also, Senior Officer Sheila Margaret Colman sold 14,500 shares of the business’s stock in a transaction on Wednesday, March 5th. The shares were sold at an average price of C$40.40, for a total transaction of C$585,824.65. Over the last three months, insiders have sold 133,150 shares of company stock valued at $5,499,984. Company insiders own 58.72% of the company’s stock.

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.