Analysts Issue Forecasts for Lundin Mining FY2026 Earnings

Lundin Mining Corp. (OTCMKTS:LUNMF) – Analysts at Scotiabank lifted their FY2026 earnings estimates for shares of Lundin Mining in a research note issued to investors on Thursday, March 19th. Scotiabank analyst O. Wowkodaw now forecasts that the basic materials company will post earnings per share of $0.99 for the year, up from their previous estimate of $0.97. 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 $0.98 EPS.

Lundin Mining (OTCMKTS:LUNMF) last issued its earnings results on Thursday, February 19th. The basic materials company reported $0.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.30 by $0.12. Lundin Mining had a net margin of 30.48% and a return on equity of 10.02%. The business had revenue of $1.30 billion for the quarter, compared to analysts’ expectations of $1.18 billion.

Several other brokerages also recently commented on LUNMF. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Lundin Mining in a research note on Tuesday, February 24th. Canadian Imperial Bank of Commerce reiterated a “neutral” rating on shares of Lundin Mining in a research report on Wednesday, February 4th. TD Securities reissued a “buy” rating on shares of Lundin Mining in a report on Monday, February 23rd. Citigroup reaffirmed a “buy” rating on shares of Lundin Mining in a research note on Wednesday, February 11th. Finally, Raymond James Financial reaffirmed a “market perform” rating on shares of Lundin Mining in a report on Wednesday, January 14th. Two analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy”.

Lundin Mining Price Performance

Shares of OTCMKTS LUNMF opened at $21.59 on Monday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.17 and a current ratio of 1.64. Lundin Mining has a fifty-two week low of $6.30 and a fifty-two week high of $33.29. The stock has a market cap of $18.45 billion, a PE ratio of 14.39, a price-to-earnings-growth ratio of 1.16 and a beta of 1.15. The stock has a fifty day moving average of $26.22 and a 200-day moving average of $20.26.

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.