FY2027 EPS Estimates for Lundin Mining Boosted by Scotiabank

Lundin Mining Co. (TSE:LUN) – Equities research analysts at Scotiabank upped their FY2027 earnings per share estimates for shares of Lundin Mining in a research report issued on Friday, January 23rd. Scotiabank analyst O. Wowkodaw now anticipates that the mining company will post earnings per share of $1.20 for the year, up from their prior estimate of $1.11. Scotiabank has a “Outperform” rating and a $31.00 price objective on the stock.

A number of other analysts also recently commented on LUN. Citigroup set a C$32.00 target price on shares of Lundin Mining and gave the stock a “buy” rating in a report on Monday, December 15th. JPMorgan Chase & Co. decreased their price target on shares of Lundin Mining from C$28.00 to C$25.40 in a research report on Wednesday, December 3rd. CIBC increased their price objective on Lundin Mining from C$24.00 to C$30.00 in a research report on Friday, December 12th. National Bankshares raised their price objective on Lundin Mining from C$20.00 to C$25.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 8th. Finally, Ventum Financial boosted their target price on Lundin Mining from C$25.00 to C$32.00 in a research report on Monday, December 22nd. Three research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of C$28.75.

Lundin Mining Price Performance

Shares of Lundin Mining stock opened at C$34.08 on Monday. Lundin Mining has a 52 week low of C$8.94 and a 52 week high of C$37.10. 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 market cap of C$29.12 billion, a PE ratio of 1,136.00, a price-to-earnings-growth ratio of -0.26 and a beta of 2.12. The company’s 50-day moving average price is C$29.03 and its two-hundred day moving average price is C$21.92.

Lundin Mining (TSE:LUN) last announced its quarterly earnings data on Wednesday, November 5th. The mining company reported C$0.18 earnings per share for the quarter. The business had revenue of C$1.40 billion during the quarter. Lundin Mining had a return on equity of 5.55% and a net margin of 6.63%.

Key Headlines Impacting Lundin Mining

Here are the key news stories impacting Lundin Mining this week:

• Positive Sentiment: Haywood Securities raised its price target on Lundin from C$32.00 to C$42.00, signaling analyst confidence and implying ~24% upside versus recent levels. Haywood price target raise
• Positive Sentiment: TD Securities also lifted its target to C$42.00 (from C$28.00), another broker upgrade that supports buying interest and helped lift sentiment. TD Securities price target raise
• Positive Sentiment: Lundin said 2025 production was strong and the company lifted its copper outlook after the year, which is a positive fundamental datapoint for revenues if copper prices remain firm. Lundin lifts copper outlook
• Neutral Sentiment: The company published its 2025 production results and 2026 guidance in a corporate release; this is the source document that both upgraded targets and guidance cuts reference — read for the detailed metrics behind analyst adjustments. 2025 production results and 2026 guidance (company release)
• Negative Sentiment: Several outlets reported Lundin cut its 2026 gold and copper guidance, which prompted intraday selling and downward revisions to near‑term production forecasts — the guidance cut remains the primary negative driver for the stock. Financial Post: cuts to 2026 guidance Mining.com: weaker 2026 guidance Mining Journal: shares dip on guidance

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.