The Globe and Mail reports in its Tuesday, June 20, edition that Canaccord Genuity analyst Jeremy Hoy is sticking with his $21 share target and "buy" recommendation for Lundin Gold after assuming coverage. The Globe's David Leeder writes in the Eye On Equities column that analysts on average target the shares at $20.64. Mr. Hoy says in a note: "In our view, LUG presents a combination of substantial low-cost production paired with promising exploration and M&A potential under a proven management team, all while also offering investors an attractive 3.4-per-cent dividend yield. The current management team led by CEO Ron Hochstein successfully brought FDN into production on time and under budget in early 2020 and has since established the gold mine as one of the top globally, ranking in the bottom quartile for AISC and top 15 per cent of production for all primary gold mines last year." The Globe reported on March 1 that Canaccord analyst Michael Fairbairn had reaffirmed his "buy" recommendation for Lundin Gold when it could be had for $14.10. The Globe reported on April 11 that Haywood Securities analyst Kerry Smith had downgraded his recommendation for Lundin Gold to "hold" from "buy." It was then worth $16.71.