Brokers Issue Forecasts for Lundin Mining Q3 Earnings

Lundin Mining Co. (TSE:LUN) – Stock analysts at Raymond James Financial upped their Q3 2025 earnings per share estimates for Lundin Mining in a research note issued on Wednesday, August 20th. Raymond James Financial analyst J. Elliott now expects that the mining company will post earnings of $0.19 per share for the quarter, up from their prior estimate of $0.18. Raymond James Financial also issued estimates for Lundin Mining’s Q1 2026 earnings at $0.14 EPS, Q2 2026 earnings at $0.17 EPS, Q3 2026 earnings at $0.17 EPS, Q4 2026 earnings at $0.17 EPS and FY2026 earnings at $0.62 EPS.

Several other analysts have also weighed in on LUN. Royal Bank Of Canada set a C$16.00 price objective on Lundin Mining and gave the company a “sector perform” rating in a report on Thursday, June 19th. National Bankshares lifted their target price on Lundin Mining from C$16.50 to C$17.50 and gave the company an “outperform” rating in a research note on Wednesday, July 9th. BMO Capital Markets upgraded Lundin Mining to a “strong-buy” rating in a research note on Friday, June 6th. UBS Group downgraded Lundin Mining from a “buy” rating to a “neutral” rating and decreased their target price for the company from C$13.50 to C$13.00 in a research note on Friday, May 2nd. Finally, Desjardins set a C$17.00 target price on Lundin Mining and gave the company a “buy” rating in a research note on Thursday, June 19th. Three research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of C$16.25.

Lundin Mining Stock Up 3.0%

Shares of TSE LUN opened at C$15.69 on Monday. Lundin Mining has a 1 year low of C$8.94 and a 1 year high of C$16.07. The firm has a market cap of C$9.59 billion, a price-to-earnings ratio of 31.14, a PEG ratio of -0.26 and a beta of 1.66. The company has a debt-to-equity ratio of 41.58, a quick ratio of 0.90 and a current ratio of 1.40. The stock’s 50-day simple moving average is C$14.44 and its 200-day simple moving average is C$12.94.

Insider Activity

In other Lundin Mining news, insider Nemesia S.a.r.l. acquired 900,000 shares of Lundin Mining stock in a transaction dated Friday, June 13th. The stock was acquired at an average cost of C$14.10 per share, for a total transaction of C$12,690,000.00. Corporate insiders own 15.70% of the company’s stock.

About Lundin Mining

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.