Q1 Earnings Estimate for Lundin Mining Issued By Desjardins

Lundin Mining Co. (TSE:LUN) – Analysts at Desjardins issued their Q1 2025 EPS estimates for shares of Lundin Mining in a research report issued on Tuesday, April 22nd. Desjardins analyst B. Adams forecasts that the mining company will earn $0.18 per share for the quarter. Desjardins has a “Moderate Buy” rating on the stock.

Several other equities analysts have also commented on LUN. Raymond James reduced their price objective on Lundin Mining from C$15.00 to C$14.00 and set a “market perform” rating on the stock in a research report on Thursday, January 16th. UBS Group decreased their price target on shares of Lundin Mining from C$14.50 to C$13.50 in a research note on Wednesday. National Bankshares lowered their price objective on shares of Lundin Mining from C$17.50 to C$15.50 and set an “outperform” rating for the company in a report on Wednesday, April 16th. TD Securities raised shares of Lundin Mining from a “hold” rating to a “buy” rating and set a C$13.00 target price on the stock in a report on Tuesday, April 15th. Finally, Morgan Stanley lowered their price target on shares of Lundin Mining from C$14.80 to C$12.00 in a research note on Wednesday, April 9th. Five investment analysts have rated the stock with a hold rating, seven have given a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of C$16.02.

Lundin Mining Trading Up 0.2 %

Shares of Lundin Mining stock opened at C$12.05 on Friday. The company has a debt-to-equity ratio of 41.58, a current ratio of 1.40 and a quick ratio of 0.90. Lundin Mining has a 1 year low of C$8.94 and a 1 year high of C$17.97. The firm has a market cap of C$7.36 billion, a PE ratio of 23.91, a PEG ratio of -0.26 and a beta of 1.66. The company has a 50 day simple moving average of C$11.61 and a two-hundred day simple moving average of C$12.59.

Insider Transactions at Lundin Mining

In related news, Director Adam Ian Lundin purchased 150,000 shares of Lundin Mining stock in a transaction dated Thursday, April 3rd. The stock was purchased at an average cost of C$10.82 per share, with a total value of C$1,623,000.00. Also, insider Nemesia S.a.r.l. purchased 2,000,000 shares of the stock in a transaction dated Thursday, April 3rd. The stock was purchased at an average price of C$11.35 per share, for a total transaction of C$22,700,000.00. Corporate insiders own 15.70% of the company’s stock.

About Lundin Mining

Lundin Mining Corp is a diversified Canadian base metals mining company with operations in Brazil Chile Portugal Sweden and the United States of America producing copper zinc gold and nickel. Its material mineral properties include Candelaria Chapada Eagle and Neves-Corvo.