Brokers Set Expectations for Lundin Mining FY2026 Earnings

Lundin Mining Co. (TSE:LUN) – Research analysts at Scotiabank upped their FY2026 earnings per share estimates for Lundin Mining in a research note issued on Thursday, June 18th. Scotiabank analyst O. Wowkodaw now anticipates that the mining company will earn $1.66 per share for the year, up from their prior estimate of $1.37. Scotiabank currently has a “Sector Outperform” rating and a $42.00 target price on the stock. Scotiabank also issued estimates for Lundin Mining’s FY2027 earnings at $1.75 EPS.

Other research analysts have also recently issued research reports about the stock. Morgan Stanley lowered their target price on shares of Lundin Mining from C$39.70 to C$34.90 in a research note on Thursday, April 9th. National Bank Financial raised their price target on Lundin Mining from C$42.00 to C$43.50 and gave the company a “sector perform” rating in a report on Wednesday, April 15th. BMO Capital Markets boosted their price objective on Lundin Mining from C$36.00 to C$45.00 in a research report on Wednesday, April 22nd. Desjardins upped their price objective on Lundin Mining from C$35.00 to C$42.00 and gave the stock a “buy” rating in a research note on Thursday, March 12th. Finally, Royal Bank Of Canada increased their target price on Lundin Mining from C$29.00 to C$42.00 in a research report on Thursday, March 12th. Seven analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of C$39.73.

Lundin Mining Price Performance

TSE LUN opened at C$37.13 on Monday. The business’s fifty day moving average is C$38.67 and its 200 day moving average is C$35.18. Lundin Mining has a fifty-two week low of C$13.37 and a fifty-two week high of C$45.74. The company has a debt-to-equity ratio of 5.55, a quick ratio of 0.90 and a current ratio of 1.81. The company has a market capitalization of C$31.76 billion, a PE ratio of 22.23, a price-to-earnings-growth ratio of -0.26 and a beta of 2.24.

Lundin Mining (TSE:LUN) last announced its earnings results on Wednesday, May 6th. The mining company reported C$0.43 earnings per share for the quarter. Lundin Mining had a net margin of 35.92% and a return on equity of 23.11%. The business had revenue of C$1.61 billion during the quarter.

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.