What is Cormark’s Estimate for Lundin Mining Q1 Earnings?

Lundin Mining Co. (TSE:LUN) – Investment analysts at Cormark raised their Q1 2026 earnings per share estimates for shares of Lundin Mining in a research note issued on Thursday, November 13th. Cormark analyst S. Ioannou now anticipates that the mining company will post earnings of $0.50 per share for the quarter, up from their prior estimate of $0.36. Cormark currently has a “Hold” rating on the stock. Cormark also issued estimates for Lundin Mining’s Q2 2026 earnings at $0.50 EPS, Q3 2026 earnings at $0.50 EPS, Q4 2026 earnings at $0.50 EPS and FY2026 earnings at $1.99 EPS.

Lundin Mining (TSE:LUN) last announced its quarterly earnings results on Wednesday, November 5th. The mining company reported C$0.19 earnings per share for the quarter. Lundin Mining had a net margin of 6.63% and a return on equity of 5.55%. The firm had revenue of C$1.40 billion for the quarter.

Several other analysts also recently issued reports on LUN. Scotiabank increased their price target on Lundin Mining from C$23.00 to C$23.50 in a report on Tuesday, October 28th. TD Securities upped their target price on Lundin Mining from C$26.00 to C$28.00 and gave the stock a “buy” rating in a research report on Friday, November 7th. BMO Capital Markets increased their target price on Lundin Mining from C$22.00 to C$25.00 in a research note on Thursday, November 6th. National Bankshares boosted their price target on Lundin Mining from C$20.00 to C$25.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 8th. Finally, Stifel Nicolaus upped their price target on Lundin Mining from C$18.00 to C$26.00 in a report on Tuesday, October 21st. Three research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of C$20.59.

Lundin Mining Stock Performance

Shares of LUN stock opened at C$25.44 on Monday. The company has a current ratio of 1.40, a quick ratio of 0.90 and a debt-to-equity ratio of 41.58. The company has a market cap of C$21.79 billion, a PE ratio of 848.00, a P/E/G ratio of -0.26 and a beta of 1.93. The company’s fifty day simple moving average is C$20.90 and its 200-day simple moving average is C$16.52. Lundin Mining has a 52 week low of C$8.94 and a 52 week high of C$26.41.

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.