Scotiabank Lowers Earnings Estimates for Lundin Mining

Lundin Mining Corp. (OTCMKTS:LUNMF) – Research analysts at Scotiabank reduced their FY2025 EPS estimates for shares of Lundin Mining in a research note issued to investors on Friday, January 23rd. Scotiabank analyst O. Wowkodaw now anticipates that the basic materials company will earn $0.66 per share for the year, down from their previous estimate of $0.67. Scotiabank has a “Outperform” rating on the stock. The consensus estimate for Lundin Mining’s current full-year earnings is $0.53 per share. Scotiabank also issued estimates for Lundin Mining’s FY2027 earnings at $0.87 EPS.

Other research analysts have also issued reports about the company. CIBC reaffirmed a “neutral” rating on shares of Lundin Mining in a research report on Friday, December 12th. Wall Street Zen cut Lundin Mining from a “buy” rating to a “hold” rating in a research note on Monday, November 3rd. Cormark upgraded Lundin Mining from a “hold” rating to a “moderate buy” rating in a research report on Monday, December 22nd. Citigroup began coverage on Lundin Mining in a report on Monday, December 15th. They issued a “buy” rating on the stock. Finally, Raymond James Financial reissued a “market perform” rating on shares of Lundin Mining in a research report on Wednesday, January 14th. Four analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

Lundin Mining Price Performance

Shares of OTCMKTS:LUNMF opened at $24.89 on Monday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.96 and a current ratio of 1.51. Lundin Mining has a 52 week low of $6.30 and a 52 week high of $26.92. The firm has a market cap of $21.26 billion, a PE ratio of 622.25, a price-to-earnings-growth ratio of 0.52 and a beta of 1.23. The firm’s fifty day moving average is $20.97 and its 200-day moving average is $15.81.

About Lundin Mining

Lundin Mining Corporation is a Canada-based diversified base metals mining company engaged in the acquisition, exploration, development, and operation of mines. The company’s portfolio encompasses copper, nickel, zinc, and lead, with by-products including gold and silver. Through its technical expertise and focus on cost-effective operations, Lundin Mining aims to maximize long-term value while meeting industry standards for safety and environmental stewardship.

Operationally, Lundin Mining holds interests in several producing assets across the Americas and Europe.