FY2027 EPS Estimates for Lundin Mining Increased by Analyst

Lundin Mining Corp. (OTCMKTS:LUNMF) – Scotiabank raised their FY2027 earnings estimates for shares of Lundin Mining in a research note issued on Thursday, February 19th. Scotiabank analyst O. Wowkodaw now expects that the basic materials company will post earnings of $0.96 per share for the year, up from their previous forecast of $0.95. Scotiabank currently has a “Outperform” rating on the stock. The consensus estimate for Lundin Mining’s current full-year earnings is $0.53 per share.

A number of other equities research analysts have also recently commented on the company. Cormark upgraded Lundin Mining from a “hold” rating to a “moderate buy” rating in a research report on Monday, December 22nd. Canadian Imperial Bank of Commerce reissued a “neutral” rating on shares of Lundin Mining in a report on Wednesday, February 4th. Raymond James Financial restated a “market perform” rating on shares of Lundin Mining in a research report on Wednesday, January 14th. Citigroup reiterated a “buy” rating on shares of Lundin Mining in a research report on Wednesday, February 11th. Finally, Wall Street Zen lowered shares of Lundin Mining from a “buy” rating to a “hold” rating in a report on Monday, November 3rd. Four equities research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Lundin Mining has an average rating of “Moderate Buy”.

Lundin Mining Stock Up 11.1%

LUNMF opened at $28.91 on Monday. The company has a fifty day moving average of $23.89 and a two-hundred day moving average of $18.01. The stock has a market capitalization of $24.70 billion, a price-to-earnings ratio of 19.27, a PEG ratio of 0.59 and a beta of 1.24. Lundin Mining has a fifty-two week low of $6.30 and a fifty-two week high of $28.95. 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 (OTCMKTS:LUNMF) last announced its quarterly earnings results on Thursday, February 19th. The basic materials company reported $0.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.30 by $0.12. The firm had revenue of $1.30 billion for the quarter, compared to the consensus estimate of $1.18 billion. Lundin Mining had a net margin of 30.48% and a return on equity of 10.45%.

Lundin Mining Company Profile

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.