FY2025 EPS Estimates for Lundin Mining Lifted by Desjardins

Lundin Mining Corp. (OTCMKTS:LUNMF) – Equities researchers at Desjardins upped their FY2025 earnings per share estimates for shares of Lundin Mining in a research note issued on Wednesday, November 5th. Desjardins analyst B. Adams now expects that the basic materials company will earn $0.58 per share for the year, up from their prior forecast of $0.45. The consensus estimate for Lundin Mining’s current full-year earnings is $0.53 per share.

A number of other research firms have also commented on LUNMF. TD Securities reaffirmed a “buy” rating on shares of Lundin Mining in a research report on Wednesday, September 10th. Scotiabank restated an “outperform” rating on shares of Lundin Mining in a research report on Tuesday, October 28th. Wall Street Zen cut shares of Lundin Mining from a “buy” rating to a “hold” rating in a report on Monday, November 3rd. Finally, Haywood Securities cut Lundin Mining from a “strong-buy” rating to a “hold” rating in a research note on Friday, September 12th. Four equities research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, Lundin Mining presently has a consensus rating of “Buy”.

Lundin Mining Stock Up 1.9%

LUNMF opened at $17.73 on Friday. The stock has a fifty day moving average of $14.20 and a 200-day moving average of $11.48. The company has a market capitalization of $15.18 billion, a P/E ratio of -886.40, a P/E/G ratio of 0.67 and a beta of 1.41. Lundin Mining has a fifty-two week low of $6.30 and a fifty-two week high of $17.79. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.90 and a current ratio of 1.45.

Lundin Mining Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, September 24th. Stockholders of record on Monday, September 8th were given a dividend of $0.02 per share. This represents a dividend yield of 69.0%. This is a boost from Lundin Mining’s previous dividend of $0.02. The ex-dividend date of this dividend was Friday, September 5th. Lundin Mining’s dividend payout ratio is -400.00%.

About Lundin Mining

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.