Stifel Canada Lowers Earnings Estimates for Lundin Mining

Lundin Mining Co. (TSE:LUN) – Analysts at Stifel Canada lowered their Q1 2025 earnings per share estimates for shares of Lundin Mining in a research report issued to clients and investors on Monday, May 5th. Stifel Canada analyst R. Profiti now forecasts that the mining company will post earnings per share of $0.13 for the quarter, down from their previous estimate of $0.19. Stifel Canada has a “Strong-Buy” rating on the stock. Stifel Canada also issued estimates for Lundin Mining’s Q3 2025 earnings at $0.10 EPS, Q4 2025 earnings at $0.10 EPS, FY2025 earnings at $0.42 EPS, Q1 2026 earnings at $0.11 EPS, Q2 2026 earnings at $0.11 EPS, Q3 2026 earnings at $0.13 EPS, Q4 2026 earnings at $0.13 EPS, FY2028 earnings at $0.41 EPS and FY2029 earnings at $0.43 EPS.

LUN has been the topic of several other research reports. Morgan Stanley decreased their target price on Lundin Mining from C$14.80 to C$12.00 in a research report on Wednesday, April 9th. Scotiabank lifted their target price on Lundin Mining from C$13.00 to C$14.00 and gave the stock an “outperform” rating in a report on Monday. National Bankshares decreased their price target on shares of Lundin Mining from C$17.50 to C$15.50 and set an “outperform” rating on the stock in a research note on Wednesday, April 16th. Raymond James cut their price objective on shares of Lundin Mining from C$15.00 to C$14.00 and set a “market perform” rating for the company in a report on Thursday, January 16th. Finally, Stifel Nicolaus lowered their target price on shares of Lundin Mining from C$17.50 to C$16.00 and set a “buy” rating on the stock in a report on Thursday, January 30th. Five equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of C$15.88.

Lundin Mining Trading Down 0.5 %

TSE LUN opened at C$11.84 on Wednesday. The company has a market cap of C$7.24 billion, a PE ratio of 23.50, a PEG ratio of -0.26 and a beta of 1.66. The company has a current ratio of 1.40, a quick ratio of 0.90 and a debt-to-equity ratio of 41.58. The stock has a 50 day moving average of C$11.56 and a 200-day moving average of C$12.43. Lundin Mining has a 12 month low of C$8.94 and a 12 month high of C$17.97.

Insider Activity

In other news, Director Adam Ian Lundin bought 150,000 shares of Lundin Mining stock in a transaction dated Thursday, April 3rd. The stock was bought at an average cost of C$10.82 per share, for a total transaction of C$1,623,000.00. Also, insider Nemesia S.a.r.l. purchased 2,000,000 shares of the company’s stock in a transaction that occurred on Thursday, April 3rd. The shares were purchased at an average cost of C$11.35 per share, for a total transaction of C$22,700,000.00. Insiders own 15.70% of the company’s stock.

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.