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Lundin Gold (TSE:LUG)
TSX:LUG
Earnings Data
Report Date
Aug 07, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.91Last Year’s EPS
0.56Same Quarter Last Year
Moderate Buy
Based on 9 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:May 07, 2025
|% Change Since: -6.51%
|Next Earnings Date:Aug 07, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted strong financial results driven by increased gold production and high gold prices, complemented by strategic dividend initiatives. The expansion of the exploration program and improved safety performance further contributed to a positive outlook. However, some uncertainties remain regarding the timing and integration of new exploration findings into the mine plan. Overall, the positive aspects significantly outweigh the challenges.Company Guidance
During Lundin Gold's Q1 2025 financial results call, the company provided robust guidance supported by strong performance metrics. Lundin Gold achieved gold production and sales of over 117,000 ounces in the first quarter, with a cash operating cost per ounce sold of $792 and an all-in sustaining cost (AISC) of $909 per ounce. The company reaffirmed its 2025 production guidance of 475,000 to 525,000 ounces and an AISC of $935 to $995 per ounce, assuming an average gold price of $2,500 per ounce. The company noted that a $100 increase in the gold price could potentially increase its cash operating costs and AISC by approximately $10 per ounce. Lundin Gold generated over $194 million in operating cash flow and nearly $171 million in free cash flow in Q1, allowing the introduction of a new quarterly variable dividend of $0.15 per share, complementing the existing fixed dividend of $0.30 per share, and a special dividend of $0.41 per share. Additionally, Lundin Gold announced an increase in its 2025 exploration drill program to a minimum of 108,000 meters, with several promising targets. The company also reported a 57% year-over-year revenue increase to $356 million, a net income rise of 266% to $154 million, and an all-in sustaining cost margin per ounce increase of 71% to $2,172.Strong Gold Production and Financial Performance
Lundin Gold achieved gold production and sales of over 117,000 ounces. Revenue increased by 57% year-over-year to $356 million, with net income reaching a record $154 million, up 266%. Earnings per share increased by 256% to $0.64, and EBITDA rose by 116% to $242 million.
Introduction of Variable Dividend
Lundin Gold introduced a new quarterly variable dividend of $0.15 per share, complementing the existing sustainable fixed dividend of $0.30 per share, resulting in a total quarterly dividend of $0.45 per share.
Special Dividend Announcement
A special dividend of $100 million or $0.41 per share was announced, highlighting the strong cash flow generation and commitment to shareholder returns.
Exploration Program Expansion
The 2025 exploration drill program was increased to a minimum of 108,000 meters, the largest in South America this year, reflecting success in exploration results.
Improved Safety Performance
A significant improvement in safety was noted with a reduction in the total recordable incident rate to 0.21 from 0.66 in Q4 2024.
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TSE:LUG Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TSE:LUG Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2025 | C$60.55 | C$59.39 | -1.92% |
Feb 21, 2025 | C$37.96 | C$39.24 | +3.39% |
Nov 08, 2024 | C$31.31 | C$32.06 | +2.38% |
Aug 08, 2024 | C$21.36 | C$22.37 | +4.73% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Lundin Gold (TSE:LUG) report earnings?
Lundin Gold (TSE:LUG) is schdueled to report earning on Aug 07, 2025, TBA Not Confirmed.
What is Lundin Gold (TSE:LUG) earnings time?
Lundin Gold (TSE:LUG) earnings time is at Aug 07, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:LUG EPS forecast?
TSE:LUG EPS forecast for the fiscal quarter 2025 (Q2) is 0.91.
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