FY2027 EPS Estimate for Lundin Mining Increased by Analyst

Lundin Mining Corp. (OTCMKTS:LUNMF) – Investment analysts at Scotiabank raised their FY2027 earnings per share (EPS) estimates for shares of Lundin Mining in a research report issued on Thursday, February 19th. Scotiabank analyst O. Wowkodaw now anticipates that the basic materials company will earn $0.96 per share for the year, up from their previous forecast of $0.95. Scotiabank has a “Outperform” rating on the stock. The consensus estimate for Lundin Mining’s current full-year earnings is $0.53 per share.

Lundin Mining (OTCMKTS:LUNMF) last issued its quarterly earnings results on Thursday, February 19th. The basic materials company reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.30 by $0.12. Lundin Mining had a return on equity of 10.45% and a net margin of 30.48%.The business had revenue of $1.30 billion during the quarter, compared to the consensus estimate of $1.18 billion.

A number of other brokerages have also issued reports on LUNMF. Canadian Imperial Bank of Commerce restated a “neutral” rating on shares of Lundin Mining in a research note on Wednesday, February 4th. Cormark raised Lundin Mining from a “hold” rating to a “moderate buy” rating in a research report on Monday, December 22nd. Raymond James Financial reaffirmed a “market perform” rating on shares of Lundin Mining in a research report on Wednesday, January 14th. Citigroup reiterated a “buy” rating on shares of Lundin Mining in a research note on Wednesday, February 11th. Finally, National Bank Financial cut Lundin Mining from an “outperform” rating to a “hold” rating in a research note on Monday, February 16th. Four research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, Lundin Mining currently has a consensus rating of “Moderate Buy”.

Lundin Mining Stock Performance

Shares of Lundin Mining stock opened at $28.91 on Monday. The company has a 50 day moving average price of $23.89 and a 200 day moving average price of $18.01. The firm has a market capitalization of $24.70 billion, a P/E ratio of 19.27, a PEG ratio of 0.59 and a beta of 1.24. The company has a quick ratio of 0.96, a current ratio of 1.51 and a debt-to-equity ratio of 0.05. Lundin Mining has a 52 week low of $6.30 and a 52 week high of $28.95.

Lundin Mining Company Profile

Lundin Mining Corporation is a Canada-based diversified base metals mining company engaged in the acquisition, exploration, development, and operation of mines. The company’s portfolio encompasses copper, nickel, zinc, and lead, with by-products including gold and silver. Through its technical expertise and focus on cost-effective operations, Lundin Mining aims to maximize long-term value while meeting industry standards for safety and environmental stewardship.

Operationally, Lundin Mining holds interests in several producing assets across the Americas and Europe.