FY2026 EPS Estimates for Lundin Mining Lowered by Scotiabank

Lundin Mining Co. (TSE:LUN) – Equities researchers at Scotiabank lowered their FY2026 earnings per share estimates for Lundin Mining in a research report issued on Thursday, October 23rd. Scotiabank analyst O. Wowkodaw now anticipates that the mining company will earn $1.27 per share for the year, down from their previous forecast of $1.28. Scotiabank has a “Outperform” rating and a $23.00 price objective on the stock.

Several other research analysts have also issued reports on the company. CIBC increased their price objective on Lundin Mining from C$18.00 to C$24.00 in a research note on Friday, October 10th. JPMorgan Chase & Co. lowered Lundin Mining from an “overweight” rating to a “neutral” rating and increased their price objective for the stock from C$15.30 to C$15.60 in a research note on Thursday, July 10th. Morgan Stanley increased their target price on Lundin Mining from C$13.70 to C$14.50 in a report on Wednesday, August 20th. TD Securities increased their target price on Lundin Mining from C$19.00 to C$26.00 in a report on Tuesday, October 21st. Finally, National Bankshares increased their target price on Lundin Mining from C$20.00 to C$25.00 and gave the stock an “outperform” rating in a report on Wednesday, October 8th. Three investment analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of C$20.05.

Lundin Mining Stock Performance

Lundin Mining stock opened at C$20.75 on Monday. The company has a debt-to-equity ratio of 41.58, a current ratio of 1.40 and a quick ratio of 0.90. The stock has a fifty day moving average price of C$18.31 and a two-hundred day moving average price of C$15.04. Lundin Mining has a 52-week low of C$8.94 and a 52-week high of C$22.20. The firm has a market capitalization of C$17.77 billion, a P/E ratio of -691.67, a P/E/G ratio of -0.26 and a beta of 1.85.

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.