FY2026 EPS Estimates for Lundin Mining Increased by Analyst

Lundin Mining Co. (TSE:LUN) – Stock analysts at Scotiabank lifted their FY2026 earnings per share (EPS) estimates for shares of Lundin Mining in a report issued on Thursday, March 19th. Scotiabank analyst O. Wowkodaw now forecasts that the mining company will earn $1.36 per share for the year, up from their prior forecast of $1.33. Scotiabank has a “Outperform” rating and a $31.00 price objective on the stock. Scotiabank also issued estimates for Lundin Mining’s FY2027 earnings at $1.35 EPS.

A number of other research firms have also weighed in on LUN. Raymond James Financial reduced their target price on shares of Lundin Mining from C$30.00 to C$27.00 and set a “market perform” rating on the stock in a report on Monday, January 26th. Morgan Stanley lifted their price target on shares of Lundin Mining from C$25.80 to C$29.60 in a report on Tuesday, December 16th. Canadian Imperial Bank of Commerce increased their price objective on Lundin Mining from C$30.00 to C$37.00 in a report on Wednesday, February 4th. JPMorgan Chase & Co. downgraded Lundin Mining from a “neutral” rating to an “underweight” rating and cut their target price for the stock from C$32.90 to C$28.20 in a report on Monday, March 9th. Finally, Stifel Nicolaus upped their price target on Lundin Mining from C$26.00 to C$40.00 and gave the company a “buy” rating in a research report on Wednesday, February 11th. Two analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Lundin Mining presently has a consensus rating of “Moderate Buy” and a consensus price target of C$35.09.

Lundin Mining Stock Down 4.6%

Shares of TSE LUN opened at C$29.43 on Monday. The company has a 50 day simple moving average of C$35.89 and a 200 day simple moving average of C$27.96. The company has a debt-to-equity ratio of 9.31, a current ratio of 1.64 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$45.74. The firm has a market cap of C$25.15 billion, a PE ratio of 19.75, a price-to-earnings-growth ratio of -0.26 and a beta of 2.01.

Lundin Mining (TSE:LUN) last released its quarterly earnings results on Friday, February 20th. The mining company reported C$0.59 earnings per share for the quarter. Lundin Mining had a return on equity of 21.95% and a net margin of 33.65%.The company had revenue of C$1.51 billion for the quarter.

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.