Q3 2017 Earnings Estimate for Lundin Mining Co. (LUN) Issued By Cormark
Lundin Mining Co. (TSE:LUN) – Analysts at Cormark issued their Q3 2017 EPS estimates for shares of Lundin Mining in a report released on Monday. Cormark analyst S. Ioannou expects that the mining company will post earnings of $0.14 per share for the quarter. Cormark also issued estimates for Lundin Mining’s Q4 2017 earnings at $0.14 EPS, Q1 2018 earnings at $0.13 EPS, Q2 2018 earnings at $0.15 EPS, Q3 2018 earnings at $0.15 EPS and Q4 2018 earnings at $0.15 EPS.
LUN has been the topic of several other research reports. Berenberg Bank lowered their price target on shares of Lundin Mining from C$9.00 to C$8.65 in a report on Wednesday, July 12th. National Bank Financial lowered their price target on shares of Lundin Mining from C$10.50 to C$9.50 and set an “outperform” rating on the stock in a report on Monday, July 24th. Scotiabank reissued a “focus stock” rating and issued a C$9.25 price target on shares of Lundin Mining in a report on Thursday, July 27th. TD Securities boosted their price target on shares of Lundin Mining from C$10.00 to C$10.50 and gave the company a “buy” rating in a report on Monday, July 31st. Finally, Eight Capital reissued a “buy” rating on shares of Lundin Mining in a report on Thursday, August 17th. Two research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of C$9.88.
TRADEMARK VIOLATION WARNING: “Q3 2017 Earnings Estimate for Lundin Mining Co. (LUN) Issued By Cormark” was originally posted by American Banking News and is owned by of American Banking News. If you are reading this report on another site, it was illegally copied and reposted in violation of United States & international copyright laws. The original version of this report can be viewed at https://www.americanbankingnews.com/2017/10/25/q3-2017-earnings-estimate-for-lundin-mining-co-lun-issued-by-cormark.html.
Lundin Mining (LUN) opened at 10.00 on Wednesday. Lundin Mining has a one year low of $5.10 and a one year high of $10.22. The firm’s 50-day moving average is $9.20 and its 200 day moving average is $8.21. The firm has a market capitalization of $7.27 billion and a price-to-earnings ratio of 23.09.
Lundin Mining (TSE:LUN) last announced its quarterly earnings data on Wednesday, July 26th. The mining company reported C$0.09 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of C$0.06 by C$0.03. The company had revenue of C$611.61 million during the quarter. Lundin Mining had a net margin of 14.08% and a return on equity of 5.92%.
About Lundin Mining
Lundin Mining Corporation is a diversified base metals mining company. The Company is engaged in mining, exploration and development of mineral properties, primarily in Chile, the United States, Portugal, Sweden and the Democratic Republic of Congo (DRC). Its segments include Candeleria, Eagle, Neves-Corvo, Zinkgruvan, Tenke Fungurume and Other.
Receive News & Ratings for Lundin Mining Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lundin Mining Co. and related companies with MarketBeat.com's FREE daily email newsletter.