The Globe and Mail reports in its Friday edition that CIBC World Markets analyst Anita Soni has lowered her recommendation for Lundin Gold to "neutral" from "outperformer." The Globe's David Leeder writes in the Eye On Equities column that Ms. Soni bumped her share target ahead by $3 to $44. Analysts on average target the shares at $39.37. Ms. Soni says in a note: "With financials, Lundin Gold reiterated its previously issued 2025 production, cash costs, all-in sustaining costs and sustaining capital guidance. We also now model the YE2024 reserve and resource update, which extended mine life at Fruta Del Norte by approximately one year. On capital allocation, Lundin announced an increase to its quarterly dividend from 20 cents/share to 30 cents/share, representing the second increase in less than a year. Over the last 12 months and year-to-date, Lundin has been a top performer amongst its peers. With the strength in gold prices providing a rising tide to all boats, we have seen investor risk appetite has begun to diversify away from marquee names such as Lundin to higher risk, lower valuation stocks. While we are still very positive on the stock, we expect to see Lundin to trade slightly more in line with peers."