OTCMKTS:LUNMF

Lundin Mining (LUNMF) Stock Price, News & Analysis

$11.64
+0.10 (+0.87%)
(As of 05/9/2024 ET)
Today's Range
$11.34
$11.76
50-Day Range
$7.94
$12.00
52-Week Range
$5.91
$12.17
Volume
31,968 shs
Average Volume
185,045 shs
Market Capitalization
$9.02 billion
P/E Ratio
77.60
Dividend Yield
2.23%
Price Target
$11.50

Lundin Mining MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.63 Rating Score
Upside/​Downside
1.2% Downside
$11.50 Price Target
Short Interest
Healthy
1.68% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.46mentions of Lundin Mining in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
30.00%
From $0.80 to $1.04 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.20 out of 5 stars

LUNMF stock logo

About Lundin Mining Stock (OTCMKTS:LUNMF)

Lundin Mining Corporation, a diversified base metals mining company, engages in the exploration, development, and mining of mineral properties in Chile, Brazil, the United States, Portugal, Sweden, and Argentina. It primarily produces copper, zinc, gold, nickel, and molybdenum, as well as lead, silver, and other metals. The company holds 100% interests in the Chapada mine located in Brazil; the Eagle mine located in the United States; the Neves-Corvo mine located in Portugal; and the Zinkgruvan mine located in Sweden. It also holds 80% interests in the Candelaria and Ojos del Salado mining complex; and 51% interest in the Caserones copper-molybdenum mine located in Chile, as well as owns the copper gold Josemaria project located in Argentina. The company was formerly known as South Atlantic Ventures Ltd. and changed its name to Lundin Mining Corporation in August 2004. Lundin Mining Corporation was incorporated in 1994 and is headquartered in Vancouver, Canada.

LUNMF Stock Price History

LUNMF Stock News Headlines

Biggest hedge fund manager has huge warning for U.S. dollar
Prescient CEO Makes Shocking New Prediction Known for his eerily accurate market calls over the years, this CEO has just revealed his newest prediction about "America's New Money."
Lundin: Q1 Earnings Snapshot
Lundin Mining First Quarter 2024 Results
Biggest hedge fund manager has huge warning for U.S. dollar
Prescient CEO Makes Shocking New Prediction Known for his eerily accurate market calls over the years, this CEO has just revealed his newest prediction about "America's New Money."
Lundin Mining Corporation (LUNMF)
National Bank Keeps Their Buy Rating on Lundin Mining (LUNMF)
Jefferies Reaffirms Their Buy Rating on Lundin Mining (LUNMF)
See More Headlines
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Company Calendar

Ex-Dividend for 4/10 Dividend
3/21/2024
Dividend Payable
4/10/2024
Last Earnings
5/01/2024
Today
5/10/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Metal mining
Sub-Industry
N/A
Current Symbol
OTCMKTS:LUNMF
Employees
6,019
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$11.50
High Stock Price Target
$16.00
Low Stock Price Target
$6.50
Potential Upside/Downside
-1.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.63
Research Coverage
8 Analysts

Profitability

Net Income
$241.56 million
Pretax Margin
15.68%

Debt

Sales & Book Value

Annual Sales
$3.39 billion
Cash Flow
$1.35 per share
Book Value
$8.30 per share

Miscellaneous

Free Float
772,084,000
Market Cap
$9.02 billion
Optionable
Not Optionable
Beta
1.60
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Key Executives

  • Mr. Jack O. A. Lundin (Age 35)
    President, CEO & Director
    Comp: $714.3k
  • Mr. Teitur Poulsen (Age 50)
    Executive VP & CFO
    Comp: $1.06M
  • Mr. Juan Andres Morel
    Executive VP & COO
  • Mr. Quinn Yong
    Vice President of Corporate Development & Strategy
  • Ms. Jacinta Zaleski
    Vice President of Human Resources
  • Mr. Patrick James Merrin
    Executive Vice President of Technical Services
  • Mr. Nathan Monash
    Vice President of Sustainability
  • Ms. Annie Laurenson
    Director of Governance & Corporate Secretary

LUNMF Stock Analysis - Frequently Asked Questions

Should I buy or sell Lundin Mining stock right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Lundin Mining in the last twelve months. There are currently 1 sell rating, 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" LUNMF shares.
View LUNMF analyst ratings
or view top-rated stocks.

What is Lundin Mining's stock price target for 2024?

8 Wall Street analysts have issued 1 year price objectives for Lundin Mining's stock. Their LUNMF share price targets range from $6.50 to $16.00. On average, they expect the company's share price to reach $11.50 in the next twelve months. This suggests that the stock has a possible downside of 1.2%.
View analysts price targets for LUNMF
or view top-rated stocks among Wall Street analysts.

How have LUNMF shares performed in 2024?

Lundin Mining's stock was trading at $8.20 at the beginning of the year. Since then, LUNMF stock has increased by 42.0% and is now trading at $11.64.
View the best growth stocks for 2024 here
.

Are investors shorting Lundin Mining?

Lundin Mining saw a drop in short interest in April. As of April 30th, there was short interest totaling 13,051,900 shares, a drop of 18.1% from the April 15th total of 15,937,300 shares. Based on an average daily trading volume, of 238,700 shares, the days-to-cover ratio is presently 54.7 days.
View Lundin Mining's Short Interest
.

How were Lundin Mining's earnings last quarter?

Lundin Mining Co. (OTCMKTS:LUNMF) released its earnings results on Wednesday, May, 1st. The basic materials company reported $0.06 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.10 by $0.04. The basic materials company earned $937 million during the quarter. Lundin Mining had a net margin of 3.04% and a trailing twelve-month return on equity of 3.70%.

How often does Lundin Mining pay dividends? What is the dividend yield for Lundin Mining?

Lundin Mining announced a dividend on Saturday, March 16th. Stockholders of record on Friday, March 22nd will be paid a dividend of $0.0666 per share on Wednesday, April 10th. This represents a dividend yield of 2.78%. The ex-dividend date is Thursday, March 21st. This is a boost from the stock's previous dividend of $0.07.
Read our dividend analysis for LUNMF
.

Is Lundin Mining a good dividend stock?

Lundin Mining (OTCMKTS:LUNMF) pays an annual dividend of $0.26 per share and currently has a dividend yield of 2.39%. The dividend payout ratio is 173.33%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, LUNMF will have a dividend payout ratio of 25.00% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LUNMF.

How do I buy shares of Lundin Mining?

Shares of LUNMF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:LUNMF) was last updated on 5/10/2024 by MarketBeat.com Staff

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