Kepler Capital analyst Ola Soedermark maintained a Hold rating on Lundin Gold (OTC:FTMNF) on Monday, setting a price target of SEK80, which is approximately 789.88% above the present share price of $8.99.
Soedermark expects Lundin Gold to post earnings per share (EPS) of $0.00 for the second quarter of 2020.
The current consensus among 5 TipRanks analysts is for a Strong Buy rating of shares in Lundin Gold, with an average price target of $9.18.
The analysts price targets range from a high of $10.2 to a low of $6.56.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $36.86 million and a net profit of $279 thousand. The company's market cap is $1.99 billion.
According to TipRanks.com, Kepler Capital analyst Ola Soedermark is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 3.5% and a 50.00% success rate.
Lundin Gold, Inc. is a natural resource mining company, which engages in the acquisition, exploration, and development of gold, base, and precious metal properties. It focuses on the operation of Fruta del Norte project. The company was founded on July 25, 1986 and is headquartered in Vancouver, Canada.