FY2027 EPS Estimates for Lundin Mining Boosted by Desjardins

Lundin Mining Corp. (OTCMKTS:LUNMF) – Desjardins lifted their FY2027 earnings estimates for Lundin Mining in a research note issued on Wednesday, November 5th. Desjardins analyst B. Adams now expects that the basic materials company will earn $1.00 per share for the year, up from their previous forecast of $0.67. The consensus estimate for Lundin Mining’s current full-year earnings is $0.53 per share.

Several other research firms have also issued reports on LUNMF. Wall Street Zen lowered shares of Lundin Mining from a “buy” rating to a “hold” rating in a research report on Monday, November 3rd. Haywood Securities cut Lundin Mining from a “strong-buy” rating to a “hold” rating in a research note on Friday, September 12th. Scotiabank reiterated an “outperform” rating on shares of Lundin Mining in a research note on Tuesday, October 28th. Finally, TD Securities reissued a “buy” rating on shares of Lundin Mining in a report on Wednesday, September 10th. Four research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Buy”.

Lundin Mining Price Performance

LUNMF stock opened at $17.73 on Monday. The company’s 50-day moving average price is $14.20 and its two-hundred day moving average price is $11.52. The firm has a market cap of $15.19 billion, a P/E ratio of -886.40, a P/E/G ratio of 0.67 and a beta of 1.41. The company has a quick ratio of 0.90, a current ratio of 1.45 and a debt-to-equity ratio of 0.06. Lundin Mining has a 12 month low of $6.30 and a 12 month high of $17.79.

Lundin Mining Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, September 24th. Shareholders of record on Monday, September 8th were given a $0.02 dividend. This is a boost from Lundin Mining’s previous dividend of $0.02. This represents a yield of 69.0%. The ex-dividend date was Friday, September 5th. Lundin Mining’s dividend payout ratio is 175.00%.

Lundin Mining Company Profile

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.