FY2025 EPS Forecast for Lundin Mining Increased by Analyst

Lundin Mining Corp. (OTCMKTS:LUNMF) – Equities research analysts at Scotiabank upped their FY2025 earnings per share estimates for Lundin Mining in a research note issued on Tuesday, July 15th. Scotiabank analyst O. Wowkodaw now anticipates that the basic materials company will post earnings per share of $0.55 for the year, up from their previous forecast of $0.50. Scotiabank has a “Outperform” rating on the stock. The consensus estimate for Lundin Mining’s current full-year earnings is $0.53 per share. Scotiabank also issued estimates for Lundin Mining’s FY2026 earnings at $0.55 EPS.

Lundin Mining (OTCMKTS:LUNMF) last issued its quarterly earnings results on Wednesday, May 7th. The basic materials company reported $0.11 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.11. The company had revenue of $963.90 million for the quarter, compared to the consensus estimate of $914.31 million. Lundin Mining had a positive return on equity of 6.24% and a negative net margin of 2.34%.

A number of other equities research analysts also recently weighed in on the company. TD Securities raised Lundin Mining from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 15th. Canaccord Genuity Group raised Lundin Mining from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 16th. BMO Capital Markets raised Lundin Mining from an “outperform” rating to a “strong-buy” rating in a report on Friday, June 6th. Dnb Nor Markets raised Lundin Mining to a “hold” rating in a report on Tuesday, June 17th. Finally, UBS Group downgraded Lundin Mining from a “strong-buy” rating to a “hold” rating in a report on Friday, May 2nd. Three analysts have rated the stock with a hold rating, one has assigned a buy rating and five have given a strong buy rating to the stock. According to MarketBeat, the company has an average rating of “Buy”.

Lundin Mining Stock Down 0.4%

LUNMF stock opened at $9.97 on Friday. Lundin Mining has a twelve month low of $6.30 and a twelve month high of $11.50. The company has a market cap of $8.53 billion, a PE ratio of -76.69, a price-to-earnings-growth ratio of 0.79 and a beta of 1.35. The business’s 50-day simple moving average is $9.99 and its 200 day simple moving average is $8.90. The company has a quick ratio of 1.53, a current ratio of 1.88 and a debt-to-equity ratio of 0.27.

Lundin Mining Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, June 25th. Investors of record on Friday, June 6th were given a $0.0198 dividend. This represents a yield of 0.84%. The ex-dividend date was Thursday, June 5th. Lundin Mining’s dividend payout ratio (DPR) is presently -61.54%.

Lundin Mining Company Profile

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.