FY2026 EPS Estimates for Lundin Mining Cut by Scotiabank

Lundin Mining Co. (TSE:LUN) – Stock analysts at Scotiabank lowered their FY2026 earnings per share estimates for shares of Lundin Mining in a report released on Friday, April 17th. Scotiabank analyst O. Wowkodaw now anticipates that the mining company will earn $1.34 per share for the year, down from their previous forecast of $1.36. Scotiabank has a “Outperform” rating and a $31.00 price objective on the stock. Scotiabank also issued estimates for Lundin Mining’s FY2027 earnings at $1.34 EPS.

Lundin Mining (TSE:LUN) last issued its earnings results on Friday, February 20th. The mining company reported C$0.59 earnings per share for the quarter. Lundin Mining had a return on equity of 21.95% and a net margin of 33.65%.The company had revenue of C$1.51 billion for the quarter.

Several other brokerages have also weighed in on LUN. Stifel Nicolaus upped their target price on Lundin Mining from C$26.00 to C$40.00 and gave the stock a “buy” rating in a research report on Wednesday, February 11th. National Bank Financial upped their target price on Lundin Mining from C$42.00 to C$43.50 and gave the stock a “sector perform” rating in a research report on Wednesday, April 15th. Canadian Imperial Bank of Commerce upped their target price on Lundin Mining from C$30.00 to C$37.00 in a research report on Wednesday, February 4th. Jefferies Financial Group upped their target price on Lundin Mining from C$32.00 to C$38.00 in a research report on Monday, January 12th. Finally, Haywood Securities increased their price objective on Lundin Mining from C$32.00 to C$42.00 in a report on Friday, January 23rd. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Lundin Mining presently has an average rating of “Moderate Buy” and an average price target of C$36.97.

Lundin Mining Stock Performance

Shares of LUN stock opened at C$37.79 on Wednesday. The company has a debt-to-equity ratio of 9.31, a current ratio of 1.64 and a quick ratio of 0.90. Lundin Mining has a fifty-two week low of C$11.04 and a fifty-two week high of C$45.74. The stock’s 50-day moving average is C$36.60 and its two-hundred day moving average is C$30.84. The firm has a market cap of C$32.30 billion, a P/E ratio of 25.36, a PEG ratio of -0.26 and a beta of 2.22.

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.