Analysts Offer Predictions for Lundin Mining FY2025 Earnings

Lundin Mining Corp. (OTCMKTS:LUNMF) – Desjardins lifted their FY2025 earnings estimates for Lundin Mining in a research note issued to investors on Wednesday, November 5th. Desjardins analyst B. Adams now anticipates that the basic materials company will post earnings of $0.58 per share for the year, up from their prior estimate of $0.45. The consensus estimate for Lundin Mining’s current full-year earnings is $0.53 per share.

Several other research analysts also recently issued reports on the company. Haywood Securities downgraded Lundin Mining from a “strong-buy” rating to a “hold” rating in a research report on Friday, September 12th. TD Securities reissued a “buy” rating on shares of Lundin Mining in a report on Wednesday, September 10th. Wall Street Zen downgraded Lundin Mining from a “buy” rating to a “hold” rating in a research report on Monday. Finally, Scotiabank reiterated an “outperform” rating on shares of Lundin Mining in a research report on Tuesday, October 28th. Four research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, Lundin Mining has an average rating of “Buy”.

Lundin Mining Stock Up 7.8%

LUNMF stock opened at $17.39 on Friday. The company’s 50 day simple moving average is $14.08 and its 200-day simple moving average is $11.41. The firm has a market capitalization of $14.89 billion, a PE ratio of -869.50, a P/E/G ratio of 0.67 and a beta of 1.41. Lundin Mining has a 12 month low of $6.30 and a 12 month high of $17.65. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.45 and a quick ratio of 0.90.

Lundin Mining Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, September 24th. Stockholders of record on Monday, September 8th were given a $0.02 dividend. This is an increase from Lundin Mining’s previous dividend of $0.02. This represents a dividend yield of 69.0%. The ex-dividend date of this dividend was Friday, September 5th. Lundin Mining’s dividend payout ratio (DPR) is presently -400.00%.

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.