Brokers Offer Predictions for Lundin Mining FY2025 Earnings

Lundin Mining Co. (TSE:LUN) – Scotiabank upped their FY2025 earnings per share (EPS) estimates for shares of Lundin Mining in a report issued on Thursday, February 19th. Scotiabank analyst O. Wowkodaw now forecasts that the mining company will post earnings of $1.05 per share for the year, up from their prior estimate of $1.04. Scotiabank currently has a “Outperform” rating and a $31.00 price objective on the stock. Scotiabank also issued estimates for Lundin Mining’s FY2026 earnings at $1.31 EPS and FY2027 earnings at $1.31 EPS.

Lundin Mining (TSE:LUN) last issued its quarterly earnings data on Thursday, February 19th. The mining company reported C$0.59 earnings per share (EPS) for the quarter. The company had revenue of C$1.51 billion during the quarter. Lundin Mining had a return on equity of 5.55% and a net margin of 6.63%.

A number of other research firms have also commented on LUN. Cormark raised shares of Lundin Mining from a “hold” rating to a “moderate buy” rating in a research note on Monday, December 22nd. BMO Capital Markets lifted their target price on shares of Lundin Mining from C$22.00 to C$25.00 in a research note on Thursday, November 6th. Citigroup boosted their target price on shares of Lundin Mining from C$32.00 to C$41.00 and gave the company a “buy” rating in a report on Wednesday, February 11th. Desjardins increased their price target on Lundin Mining from C$30.00 to C$35.00 and gave the stock a “buy” rating in a report on Monday, January 26th. Finally, JPMorgan Chase & Co. lowered their price objective on Lundin Mining from C$28.00 to C$25.40 in a research report on Wednesday, December 3rd. Two analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of C$33.54.

Lundin Mining Stock Performance

TSE:LUN opened at C$39.55 on Friday. The company has a debt-to-equity ratio of 41.58, a quick ratio of 0.90 and a current ratio of 1.40. Lundin Mining has a fifty-two week low of C$8.94 and a fifty-two week high of C$39.66. The company has a 50 day simple moving average of C$32.79 and a two-hundred day simple moving average of C$24.76. The company has a market capitalization of C$33.79 billion, a PE ratio of 1,318.33, a P/E/G ratio of -0.26 and a beta of 2.08.

Lundin Mining News Summary

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

• Positive Sentiment: CEO: strong Q4 operational and financial performance — Lundin’s CEO told BNNBloomberg the company delivered “strong financial performance, strong operational performance” in Q4, reinforcing management’s positive tone on execution. ‘We had strong financial performance, strong operational performance’: Lundin CEO on Q4 2025
• Positive Sentiment: Q4 & FY2025 results: revenue and EPS show strength — Lundin reported C$1.51B revenue and C$0.59 EPS for the quarter; management materials and the earnings release highlight improved margins and higher copper-driven earnings. This is the primary catalyst cited for the stock’s upward move. Lundin Mining Reports Fourth Quarter and Full Year 2025 Results
• Positive Sentiment: Profit surge tied to copper: BNN investor note — coverage points out Lundin’s profit roughly tripled as copper prices climbed, amplifying free-cash-flow and valuation upside for a copper-focused producer. Investor Outlook: Lundin Mining profit triples on copper surge
• Positive Sentiment: Analyst upgrades: Scotiabank nudges up EPS and keeps an Outperform — Scotiabank raised FY2025–FY2027 EPS estimates marginally and maintains an Outperform rating with a C$31 target, reflecting higher near-term earnings on stronger commodity prices. This provides incremental buy-side support. MarketBeat: Lundin Mining analyst coverage / Scotiabank note
• Positive Sentiment: Resource upgrade: M&I copper resources +37% — Lundin announced a significant increase in measured & indicated copper resources and updated reserves, improving medium-term production optionality and long-term value per share. Lundin Mining Increases M&I Copper Mineral Resources by 37% and Updates Mineral Reserves
• Positive Sentiment: Dividend declared — Board approved a regular quarterly dividend (C$0.0275/share), which supports income-oriented investors and signals confidence in cash generation. Lundin Mining Declares Quarterly Dividend and Sets Cross‑Border Settlement Window
• Neutral Sentiment: Argentina mining investment backdrop — A large-scale US$18B mining investment plan in Argentina was announced, which could boost regional mining activity and demand for copper over time, but is an indirect macro factor. Vicuña unveils US$18-billion mining investment project in Argentina
• Negative Sentiment: Analyst downgrade: National Bank Financial lowered its rating — A recent cut from National Bank Financial introduces some sell-side pressure and could temper upside if other shops follow. Lundin Mining (TSE:LUN) Stock Rating Lowered by National Bank Financial

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.