Brokers Set Expectations for Lundin Mining FY2026 Earnings

Lundin Mining Corp. (OTCMKTS:LUNMF) – Research analysts at Scotiabank upped their FY2026 EPS estimates for shares of Lundin Mining in a note issued to investors on Thursday, February 26th. Scotiabank analyst O. Wowkodaw now forecasts that the basic materials company will post earnings of $0.97 per share for the year, up from their previous forecast of $0.96. Scotiabank currently 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 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 for the quarter, compared to analyst estimates of $1.18 billion.

Other research analysts have also issued research reports about the stock. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Lundin Mining in a report on Tuesday, February 24th. National Bank Financial cut Lundin Mining from an “outperform” rating to a “hold” rating in a report on Monday, February 16th. TD Securities reaffirmed a “buy” rating on shares of Lundin Mining in a research report on Monday, February 23rd. Wall Street Zen cut shares of Lundin Mining from a “buy” rating to a “hold” rating in a research report on Monday, November 3rd. Finally, Cormark raised shares of Lundin Mining from a “hold” rating to a “moderate buy” rating in a report on Monday, December 22nd. Four equities research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

Lundin Mining Stock Performance

Shares of OTCMKTS:LUNMF opened at $31.92 on Monday. The business has a 50-day moving average of $25.02 and a two-hundred day moving average of $18.72. The firm has a market capitalization of $27.27 billion, a PE ratio of 21.28, a P/E/G ratio of 13.69 and a beta of 1.15. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.51 and a quick ratio of 0.96. Lundin Mining has a 12 month low of $6.30 and a 12 month high of $33.29.

About Lundin Mining

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.