CIBC analyst Anita Soni on Wednesday downgraded Lundin Gold (LUGDF) to Neutral from Outperformer with a price target of C$44, up from C$41. With its Q4 results, Lundin Gold reiterated its previously issued 2025 production, cash costs, all-in sustaining costs, and sustaining capital guidance, the analyst tells investors in a research note. While the firm is still very positive on the stock, CIBC expects to see Lundin Gold trade slightly more in line with peers.
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