FY2026 EPS Estimate for Lundin Mining Increased by Analyst

Lundin Mining Co. (TSE:LUN) – Analysts at Scotiabank upped their FY2026 EPS estimates for Lundin Mining in a research report issued on Thursday, February 26th. Scotiabank analyst O. Wowkodaw now forecasts that the mining company will earn $1.33 per share for the year, up from their previous forecast of $1.31. Scotiabank has a “Outperform” rating and a $31.00 price objective on the stock.

Lundin Mining (TSE:LUN) last posted its earnings results on Friday, February 20th. The mining company reported C$0.59 earnings per share for the quarter. The firm had revenue of C$1.51 billion during the quarter. Lundin Mining had a net margin of 6.63% and a return on equity of 5.55%.

Other analysts have also issued reports about the company. Raymond James Financial decreased their price objective on Lundin Mining from C$30.00 to C$27.00 and set a “market perform” rating on the stock in a research note on Monday, January 26th. Citigroup upped their price target on Lundin Mining from C$32.00 to C$41.00 and gave the company a “buy” rating in a research report on Wednesday, February 11th. JPMorgan Chase & Co. lowered their price target on shares of Lundin Mining from C$28.00 to C$25.40 in a report on Wednesday, December 3rd. Morgan Stanley raised their price objective on shares of Lundin Mining from C$25.80 to C$29.60 in a research report on Tuesday, December 16th. Finally, Desjardins upped their target price on shares of Lundin Mining from C$30.00 to C$35.00 and gave the stock a “buy” rating in a report on Monday, January 26th. Two research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of C$33.71.

Lundin Mining Trading Up 0.3%

Shares of LUN stock opened at C$43.46 on Monday. The stock has a market capitalization of C$37.13 billion, a price-to-earnings ratio of 1,448.67, a PEG ratio of -0.26 and a beta of 2.08. The company’s fifty day simple moving average is C$34.31 and its two-hundred day simple moving average is C$25.87. Lundin Mining has a 1 year low of C$8.94 and a 1 year high of C$45.74. The company has a debt-to-equity ratio of 41.58, a current ratio of 1.40 and a quick ratio of 0.90.

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.