Lundin Gold (TSE:LUG) Issues Quarterly Earnings Results

Posted by Brian Himes on Aug 7th, 2026

Lundin Gold (TSE:LUG – Get Free Report) issued its quarterly earnings results on Thursday. The company reported C$1.19 EPS for the quarter, FiscalAI reports. Lundin Gold had a return on equity of 68.29% and a net margin of 45.73%.The company had revenue of C$678.70 million during the quarter.

Lundin Gold Trading Up 0.2%

LUG opened at C$86.70 on Friday. The stock has a market cap of C$20.97 billion, a PE ratio of 23.00 and a beta of 1.62. Lundin Gold has a 1 year low of C$71.51 and a 1 year high of C$130.98. The stock’s 50 day simple moving average is C$80.03 and its 200-day simple moving average is C$96.84.

Lundin Gold Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Thursday, June 25th were issued a dividend of $0.91 per share. This represents a $3.64 annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend was Wednesday, June 10th. Lundin Gold’s dividend payout ratio (DPR) is presently 84.62%.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the stock. Desjardins dropped their target price on shares of Lundin Gold from C$105.00 to C$100.00 and set a “buy” rating on the stock in a research report on Monday, July 27th. Jefferies Financial Group reduced their price target on shares of Lundin Gold from C$90.00 to C$88.00 in a report on Monday, July 6th. Finally, ATB Cormark Capital Markets upgraded 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 research report on Friday, May 8th. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of C$102.17.

Read Our Latest Stock Analysis on LUG

Lundin Gold Company Profile

(Get Free Report)

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.