FY2026 EPS Estimates for Lundin Mining Boosted by Scotiabank

Lundin Mining Co. (TSE:LUN) – Research analysts at Scotiabank upped their FY2026 EPS estimates for shares of Lundin Mining in a note issued to investors on Thursday, March 19th. Scotiabank analyst O. Wowkodaw now anticipates that the mining company will post earnings of $1.36 per share for the year, up from their prior forecast of $1.33. 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 $1.35 EPS.

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

LUN has been the topic of several other reports. Ventum Financial increased their target price on Lundin Mining from C$25.00 to C$32.00 in a report on Monday, December 22nd. JPMorgan Chase & Co. cut shares of Lundin Mining from a “neutral” rating to an “underweight” rating and dropped their target price for the company from C$32.90 to C$28.20 in a research report on Monday, March 9th. Citigroup increased their price target on shares of Lundin Mining from C$32.00 to C$41.00 and gave the stock a “buy” rating in a research report on Wednesday, February 11th. TD Securities upped their target price on Lundin Mining from C$42.00 to C$45.00 and gave the stock a “buy” rating in a research note on Monday, February 23rd. Finally, Stifel Nicolaus lifted their price target on Lundin Mining from C$26.00 to C$40.00 and gave the company a “buy” rating in a research note on Wednesday, February 11th. Two research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Lundin Mining currently has a consensus rating of “Moderate Buy” and a consensus target price of C$35.09.

Lundin Mining Price Performance

Lundin Mining stock opened at C$29.43 on Monday. The firm has a market cap of C$25.15 billion, a PE ratio of 19.75, a price-to-earnings-growth ratio of -0.26 and a beta of 2.01. The company has a debt-to-equity ratio of 9.31, a current ratio of 1.64 and a quick ratio of 0.90. The stock’s fifty day moving average price is C$35.89 and its two-hundred day moving average price is C$27.96. Lundin Mining has a one year low of C$8.94 and a one year high of C$45.74.

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.