FY2025 EPS Estimates for Lundin Mining Boosted by Analyst

Lundin Mining Corp. (OTCMKTS:LUNMF) – Equities research analysts at Scotiabank raised their FY2025 earnings per share (EPS) estimates for Lundin Mining in a research report issued to clients and investors on Tuesday, July 15th. Scotiabank analyst O. Wowkodaw now forecasts that the basic materials company will earn $0.55 per share for the year, up from their prior estimate of $0.50. 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. Scotiabank also issued estimates for Lundin Mining’s FY2026 earnings at $0.55 EPS.

A number of other equities analysts also recently commented on LUNMF. UBS Group downgraded Lundin Mining from a “strong-buy” rating to a “hold” rating in a report on Friday, May 2nd. Dnb Nor Markets upgraded Lundin Mining to a “hold” rating in a report on Tuesday, June 17th. BMO Capital Markets upgraded Lundin Mining from an “outperform” rating to a “strong-buy” rating in a report on Friday, June 6th. Desjardins upgraded Lundin Mining to a “moderate buy” rating in a report on Thursday, April 3rd. Finally, TD Securities upgraded Lundin Mining from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 15th. Three analysts have rated the stock with a hold rating, one has issued a buy rating and five have assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy”.

Lundin Mining Trading Up 0.8%

Shares of Lundin Mining stock traded up $0.08 during midday trading on Friday, reaching $10.09. 9,527 shares of the company’s stock traded hands, compared to its average volume of 333,995. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.53 and a current ratio of 1.88. The company has a market cap of $8.64 billion, a PE ratio of -77.62, a price-to-earnings-growth ratio of 0.79 and a beta of 1.35. The stock has a 50 day moving average of $9.96 and a 200-day moving average of $8.89. Lundin Mining has a 12 month low of $6.30 and a 12 month high of $11.50.

Lundin Mining (OTCMKTS:LUNMF) last announced its earnings results on Wednesday, May 7th. The basic materials company reported $0.11 EPS for the quarter, meeting analysts’ consensus estimates of $0.11. The company had revenue of $963.90 million during the quarter, compared to the consensus estimate of $914.31 million. Lundin Mining had a positive return on equity of 6.24% and a negative net margin of 2.34%.

Lundin Mining Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, June 25th. Stockholders of record on Friday, June 6th were paid a $0.0198 dividend. The ex-dividend date was Thursday, June 5th. This represents a dividend yield of 0.84%. Lundin Mining’s dividend payout ratio is currently -61.54%.

About Lundin Mining

Lundin Mining Corporation, a diversified base metals mining company, engages in the exploration, development, and mining of mineral properties in Chile, Brazil, the United States, Portugal, Sweden, and Argentina. It primarily produces copper, zinc, gold, nickel, and molybdenum, as well as lead, silver, and other metals.