Lundin Mining (TSE:LUN – Get Free Report) had its price target increased by equities researchers at Ventum Financial from C$25.00 to C$32.00 in a research note issued to investors on Monday,BayStreet.CA reports. Ventum Financial’s price objective points to a potential upside of 8.40% from the company’s previous close.
LUN has been the topic of a number of other reports. JPMorgan Chase & Co. decreased their price objective on Lundin Mining from C$28.00 to C$25.40 in a report on Wednesday, December 3rd. Haywood Securities upped their price target on Lundin Mining from C$28.00 to C$32.00 in a research note on Tuesday, December 16th. TD Securities increased their price target on Lundin Mining from C$26.00 to C$28.00 and gave the stock a “buy” rating in a report on Friday, November 7th. BMO Capital Markets boosted their price objective on shares of Lundin Mining from C$22.00 to C$25.00 in a report on Thursday, November 6th. Finally, Citigroup set a C$32.00 target price on shares of Lundin Mining and gave the company a “buy” rating in a research report on Monday, December 15th. Three equities research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of C$25.42.
View Our Latest Stock Report on LUN
Lundin Mining Trading Up 0.8%
Lundin Mining (TSE:LUN – Get Free Report) last posted its earnings results on Wednesday, November 5th. The mining company reported C$0.18 earnings per share for the quarter. Lundin Mining had a net margin of 6.63% and a return on equity of 5.55%. The company had revenue of C$1.40 billion for the quarter.
Lundin Mining News Roundup
Here are the key news stories impacting Lundin Mining this week:
- Positive Sentiment: Cormark upgraded Lundin from “market perform”/hold to a buy/moderate buy, signaling improved analyst sentiment that supports buying interest. Cormark Upgrade (via Zacks)
- Positive Sentiment: Ventum Financial raised its price target from C$25.00 to C$32.00, implying additional upside versus recent levels and reinforcing the upgrade-driven momentum. Price Target Raise (TickerReport)
- Positive Sentiment: Coverage in financial press notes Lundin hit a new one‑year high following analyst upgrades — a technical signal that can attract momentum traders and ETF/quant flows. 1‑Year High After Upgrade
- Positive Sentiment: A Seeking Alpha piece recommends considering rotation into Lundin, highlighting investor interest and the narrative that funds may reallocate to base‑metals exposure. Rotation Thesis (Seeking Alpha)
- Neutral Sentiment: Local industry news: the Eagle Mine and Humboldt Mill assets have been sold in Marquette County — sector-level asset transfers can change regional supply dynamics but are not a direct Lundin operational update. Eagle Mine/Humboldt Mill Sale
- Neutral Sentiment: Organizations are responding publicly to the Talon Metals acquisition of Eagle Mine & Humboldt Mill — sector commentary that may influence sentiment in related base‑metals names. Organizations Respond (MSN)
- Negative Sentiment: Coverage about the “Lundin mining verdict” and Canada’s evolving disclosure landscape highlights ongoing regulatory and reputational risks that could affect the company’s cost of capital or lead to increased compliance scrutiny. Verdict / Disclosure Landscape
Lundin Mining Company Profile
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.
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