Lundin Gold (LUG) Price Target Cut to C$6.00

Lundin Gold (TSE:LUG) had its price objective dropped by research analysts at Scotiabank from C$6.50 to C$6.00 in a report issued on Friday. The firm currently has an “outperform” rating on the stock. Scotiabank’s price target points to a potential upside of 19.52% from the company’s previous close.

Separately, Eight Capital dropped their price objective on Lundin Gold from C$7.75 to C$7.30 and set a “buy” rating on the stock in a report on Tuesday, October 24th.

Shares of Lundin Gold (TSE:LUG) opened at C$5.02 on Friday. Lundin Gold has a twelve month low of C$4.07 and a twelve month high of C$6.50. The stock has a market capitalization of $607.91, a P/E ratio of -6.44 and a beta of -0.28.

Lundin Gold (TSE:LUG) last posted its quarterly earnings data on Tuesday, November 7th. The company reported C($0.17) earnings per share (EPS) for the quarter.

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