Should I buy or sell Lundin Mining stock right now?

18 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Lundin Mining in the last year. There are currently 1 sell rating, 9 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" LUN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LUN, but not buy additional shares or sell existing shares. View LUN analyst ratings or view top-rated stocks .

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

18 equities research analysts have issued 1-year price targets for Lundin Mining's shares. Their LUN share price targets range from C$10.00 to C$20.00. On average, they predict the company's share price to reach C$14.48 in the next year. This suggests that the stock has a possible downside of 9.4%. View analysts price targets for LUN or view top-rated stocks among Wall Street analysts .

How have LUN shares performed in 2024?

Lundin Mining's stock was trading at C$10.84 at the beginning of 2024. Since then, LUN shares have increased by 47.5% and is now trading at C$15.99. View the best growth stocks for 2024 here .

When is Lundin Mining's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024. View our LUN earnings forecast .

How were Lundin Mining's earnings last quarter?

Lundin Mining Co. (TSE:LUN) issued its quarterly earnings results on Wednesday, February, 21st. The mining company reported $0.14 EPS for the quarter, missing analysts' consensus estimates of $0.15 by $0.01. The mining company earned $1.44 billion during the quarter, compared to analysts' expectations of $1.39 billion. Lundin Mining had a trailing twelve-month return on equity of 5.32% and a net margin of 7.12%.

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

Lundin Mining announced a quarterly dividend on Wednesday, February 21st. Shareholders of record on Friday, March 22nd will be given a dividend of 0.09 per share on Wednesday, April 10th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 2.25%. The ex-dividend date is Thursday, March 21st. Read our dividend analysis for LUN .

Is Lundin Mining a good dividend stock?

Lundin Mining (TSE:LUN) pays an annual dividend of C$0.36 per share and currently has a dividend yield of 2.25%. The dividend payout ratio is 85.71%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for LUN .

What other stocks do shareholders of Lundin Mining own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Lundin Mining investors own include Lam Research (LRCX) , Viavi Solutions (VIAV) , (CXRX) (CXRX) , First Quantum Minerals (FM) , Hudbay Minerals (HBM) , Crescent Point Energy (CPG) , Magna International (MGA) , Teck Resources (TECK.B) and Sherritt International (S) .

How do I buy shares of Lundin Mining?

Shares of LUN stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

TSE:LUN

Lundin Mining (LUN) Stock Price, News & Analysis

→ Biden’s $374B Giveaway Into This Sector (From DTI) (Ad)

Free LUN Stock Alerts

C$15.97

+0.33 (+2.11%)

(As of 02:57 PM ET)

Compare

Today's Range: C$15.64
▼
C$16.15
50-Day Range: C$10.59
▼
C$16.47
52-Week Range: C$8.18
▼
C$16.51

Volume: 1.46 million shs
Average Volume: 2.29 million shs
Market Capitalization: C$12.38 billion

P/E Ratio: 38.02
Dividend Yield: 2.25%
Price Target: C$14.48

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines Insider Trades

Get Lundin Mining alerts:

Lundin Mining MarketRank™ Stock Analysis

Analyst Rating: Hold
2.39 Rating Score
Upside/Downside: 9.4% Downside
C$14.48 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.48
Based on 18 Articles This Week
Insider Trading: Selling Shares
C$69,160 Sold Last Quarter
Proj. Earnings Growth: N/A

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.

1.66 out of 5 stars

2.2

Analyst's Opinion

Consensus Rating
Lundin Mining has received a consensus rating of Hold. The company's average rating score is 2.39, and is based on 8 buy ratings, 9 hold ratings, and 1 sell rating.
Amount of Analyst Coverage
Lundin Mining has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

N/A

Short Interest

Short Interest
There is no current short interest data available for LUN.

0.8

Dividend Strength

Dividend Yield
Lundin Mining pays a meaningful dividend of 2.25%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Lundin Mining does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Lundin Mining is 85.71%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for LUN.

3.0

News and Social Media Coverage

News Sentiment
Lundin Mining has a news sentiment score of 0.48. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 18 news articles for Lundin Mining this week, compared to 3 articles on an average week.
Search Interest
5 people have searched for LUN on MarketBeat in the last 30 days. This is an increase of 400% compared to the previous 30 days.
MarketBeat Follows
8 people have added Lundin Mining to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Lundin Mining insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$69,160.00 in company stock.
Percentage Held by Insiders
15.70% of the stock of Lundin Mining is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
55.94% of the stock of Lundin Mining is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Lundin Mining is 38.07, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.35.
Price to Earnings Ratio vs. Sector
The P/E ratio of Lundin Mining is 38.07, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 131.60.
Price to Earnings Growth Ratio
Due to a projected decrease in earnings for Lundin Mining, their PEG ratio cannot be calculated.
Price to Book Value per Share Ratio
Lundin Mining has a P/B Ratio of 2.49. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Ad Weiss Ratings

This Little-Known Stock Controls the Future of AI

#1 AI Stock for 2024 Revealed In "AI Town Hall" This AI company just signed a deal with NVIDIA that went unreported by the media. Find out how you can get in on what is being dubbed 'the #1 AI stock for 2024 to buy now'

If You Missed Out On The AI Boom, Take These 3 Steps

About Lundin Mining Stock (TSE:LUN)

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.

LUN Stock Price History

30 days | 90 days | 365 days | Advanced Chart

LUN Stock News Headlines

March 23, 2024 | insidertrades.com

Lundin Mining Co. (TSE:LUN) Senior Officer Annie Laurenson Sells 5,200 Shares

April 18, 2024 | americanbankingnews.com

Lundin Mining (TSE:LUN) Price Target Increased to C$15.50 by Analysts at JPMorgan Chase & Co.

April 18, 2024 | Weiss Ratings (Ad)

Nvidia Has a BIG Problem — Here’s Who Benefits MOST

April 18, 2024 | americanbankingnews.com

Lundin Mining (TSE:LUN) Given New C$16.50 Price Target at Canaccord Genuity Group

April 18, 2024 | americanbankingnews.com

Lundin Mining (TSE:LUN) Given New C$15.00 Price Target at CIBC

April 17, 2024 | finanznachrichten.de

Lundin Mining Corporation: Lundin Mining Pre-Announces Items Impacting the First Quarter 2024 Results

April 17, 2024 | baystreet.ca

Toronto Stocks Rebound with Gold, Materials

April 14, 2024 | markets.businessinsider.com

Jefferies Keeps Their Buy Rating on Lundin Mining (LUNMF)

April 18, 2024 | Weiss Ratings (Ad)

Nvidia Has a BIG Problem — Here’s Who Benefits MOST

April 14, 2024 | americanbankingnews.com

Lundin Mining (TSE:LUN) PT Raised to C$20.00 at Jefferies Financial Group

April 12, 2024 | finanznachrichten.de

Lundin Mining Corporation: Lundin Mining Announces Dates of Annual and Special Meeting of Shareholders and First Quarter 2024 Results

April 12, 2024 | finance.yahoo.com

Lundin Mining Announces Dates of Annual and Special Meeting of Shareholders and First Quarter 2024 Results

April 11, 2024 | americanbankingnews.com

Lundin Mining (TSE:LUN) Reaches New 12-Month High on Analyst Upgrade

April 11, 2024 | americanbankingnews.com

Lundin Mining (TSE:LUN) Hits New 1-Year High After Analyst Upgrade

April 11, 2024 | americanbankingnews.com

UBS Group Increases Lundin Mining (TSE:LUN) Price Target to C$18.25

April 10, 2024 | theglobeandmail.com

Canadian mining stocks feature in Wall Street’s new love for copper

April 10, 2024 | americanbankingnews.com

Lundin Mining (TSE:LUN) Price Target Raised to C$18.50 at Bank of America

April 10, 2024 | americanbankingnews.com

Lundin Mining (TSE:LUN) Price Target Increased to C$18.25 by Analysts at UBS Group

April 10, 2024 | americanbankingnews.com

Lundin Mining (TSE:LUN) Downgraded by Deutsche Bank Aktiengesellschaft to Hold

April 8, 2024 | americanbankingnews.com

Lundin Mining Co. to Post FY2024 Earnings of $0.82 Per Share, National Bank Financial Forecasts (TSE:LUN)

April 4, 2024 | markets.businessinsider.com

Freeport-McMoRan (FCX) Receives a Hold from RBC Capital

April 3, 2024 | juniorminingnetwork.com

ATEX Resources Announces CEO Succession and Strengthens Management Team

March 23, 2024 | seekingalpha.com

Lundin Mining Is A Bet On Higher Copper Prices

March 23, 2024 | markets.businessinsider.com

Positive Report for First Quantum Minerals (FQVLF) from RBC Capital

March 20, 2024 | seekingalpha.com

Lundin Mining: Not Cheap, But A Good Way To Increase Copper Exposure

March 20, 2024 | ca.finance.yahoo.com

3 Reasons to Buy Lundin Stock Like There’s No Tomorrow

March 18, 2024 | msn.com

Why ETF watchlists can help you become a better investor

See More Headlines

Receive LUN Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Lundin Mining and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings: 2/21/2024
Ex-Dividend for 4/10 Dividend: 3/21/2024
Dividend Payable: 4/10/2024
Today: 4/18/2024
Next Earnings (Confirmed): 5/02/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Basic Materials
Industry: Copper
Sub-Industry: N/A
Current Symbol: TSE:LUN
CUSIP: N/A
CIK: N/A
Web: www.lundinmining.com
Phone: +1-416-3425560
Fax: N/A
Employees: 6,019
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$14.48
High Stock Price Target: C$20.00
Low Stock Price Target: C$10.00
Potential Upside/Downside: -9.8%
Consensus Rating: Hold
Rating Score (0-4): 2.39
Research Coverage: 18 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$0.42
Trailing P/E Ratio: 38.21
Forward P/E Ratio: 19.12
P/E Growth: -0.26
Net Income: C$241.56 million
Net Margins: 7.12%
Pretax Margin: N/A
Return on Equity: 5.32%
Return on Assets: 3.29%

Debt

Debt-to-Equity Ratio: 23.15
Current Ratio: 1.48
Quick Ratio: 0.90

Sales & Book Value

Annual Sales: C$3.39 billion
Price / Sales: 3.67
Cash Flow: C$0.57 per share
Price / Cash Flow: 28.14
Book Value: C$6.41 per share
Price / Book: 2.50

Miscellaneous

Outstanding Shares: 775,190,000
Free Float: N/A
Market Cap: C$12.44 billion
Optionable: Not Optionable
Beta: 1.85

The Best High-Yield Dividend Stocks for 2024

Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.

Get This Free Report

Key Executives

Mr. Jack O. A. Lundin (Age 35)
President, CEO & Director
Comp: $148.47k
Mr. Teitur Poulsen (Age 50)
Executive VP & CFO
Comp: $923.59k
Mr. Juan Andres Morel
Executive VP & COO
Mr. David Dicaire
Executive Vice President of Josemaria Project
Mr. Steve Little
Vice President of Technology & Innovation
Mr. Stephen Charles-Hadfield Williams M.B.A.
P.Eng., Vice President of Investor Relations
Mr. Peter Brady
Executive VP & General Counsel
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

Key Competitors

View All Competitors

Insiders

Annie Laurenson
Sold 5,200 shares
Total: C$69,160.00 ($13.30/share)

View All Insider Transactions

LUN Stock Analysis - Frequently Asked Questions

Should I buy or sell Lundin Mining stock right now?: 18 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Lundin Mining in the last year. There are currently 1 sell rating, 9 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" LUN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LUN, but not buy additional shares or sell existing shares.
View LUN analyst ratings or view top-rated stocks.
What is Lundin Mining's stock price target for 2024?: 18 equities research analysts have issued 1-year price targets for Lundin Mining's shares. Their LUN share price targets range from C$10.00 to C$20.00. On average, they predict the company's share price to reach C$14.48 in the next year. This suggests that the stock has a possible downside of 9.4%.
View analysts price targets for LUN or view top-rated stocks among Wall Street analysts.
How have LUN shares performed in 2024?: Lundin Mining's stock was trading at C$10.84 at the beginning of 2024. Since then, LUN shares have increased by 47.5% and is now trading at C$15.99.
View the best growth stocks for 2024 here.
When is Lundin Mining's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our LUN earnings forecast.
How were Lundin Mining's earnings last quarter?: Lundin Mining Co. (TSE:LUN) issued its quarterly earnings results on Wednesday, February, 21st. The mining company reported $0.14 EPS for the quarter, missing analysts' consensus estimates of $0.15 by $0.01. The mining company earned $1.44 billion during the quarter, compared to analysts' expectations of $1.39 billion. Lundin Mining had a trailing twelve-month return on equity of 5.32% and a net margin of 7.12%.

How often does Lundin Mining pay dividends? What is the dividend yield for Lundin Mining?: Lundin Mining announced a quarterly dividend on Wednesday, February 21st. Shareholders of record on Friday, March 22nd will be given a dividend of 0.09 per share on Wednesday, April 10th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 2.25%. The ex-dividend date is Thursday, March 21st.
Read our dividend analysis for LUN.
Is Lundin Mining a good dividend stock?: Lundin Mining (TSE:LUN) pays an annual dividend of C$0.36 per share and currently has a dividend yield of 2.25%. The dividend payout ratio is 85.71%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for LUN.
What other stocks do shareholders of Lundin Mining own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Lundin Mining investors own include Lam Research (LRCX), Viavi Solutions (VIAV), (CXRX) (CXRX), First Quantum Minerals (FM), Hudbay Minerals (HBM), Crescent Point Energy (CPG), Magna International (MGA), Teck Resources (TECK.B) and Sherritt International (S).
How do I buy shares of Lundin Mining?: Shares of LUN stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:LUN) was last updated on 4/18/2024 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial

Lundin Mining (LUN) Stock Price, News & Analysis

Lundin Mining MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Lundin Mining Stock (TSE:LUN)

LUN Stock Price History

LUN Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

LUN Stock Analysis - Frequently Asked Questions

Overall MarketRank^™