FY2026 EPS Estimates for Lundin Mining Raised by Scotiabank

Lundin Mining Co. (TSE:LUN) – Equities researchers at Scotiabank increased their FY2026 earnings estimates for Lundin Mining in a research note issued to investors on Thursday, February 26th. Scotiabank analyst O. Wowkodaw now expects that the mining company will earn $1.33 per share for the year, up from their previous estimate of $1.31. Scotiabank currently has a “Outperform” rating and a $31.00 price target on the stock.

A number of other research firms have also recently commented on LUN. Ventum Financial increased their target price on Lundin Mining from C$25.00 to C$32.00 in a research note on Monday, December 22nd. Jefferies Financial Group increased their price objective on Lundin Mining from C$32.00 to C$38.00 in a research report on Monday, January 12th. Citigroup raised their price objective on Lundin Mining from C$32.00 to C$41.00 and gave the company a “buy” rating in a report on Wednesday, February 11th. The Goldman Sachs Group upped their target price on Lundin Mining from C$23.90 to C$35.80 in a research note on Tuesday, January 13th. Finally, JPMorgan Chase & Co. reduced their price target on shares of Lundin Mining from C$28.00 to C$25.40 in a research report on Wednesday, December 3rd. Two investment analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Lundin Mining has an average rating of “Moderate Buy” and a consensus price target of C$33.71.

Lundin Mining Stock Performance

Lundin Mining stock opened at C$38.72 on Monday. Lundin Mining has a fifty-two week low of C$8.94 and a fifty-two week high of C$45.74. The company has a debt-to-equity ratio of 9.31, a quick ratio of 0.90 and a current ratio of 1.64. The stock has a market cap of C$33.09 billion, a P/E ratio of 25.99, a price-to-earnings-growth ratio of -0.26 and a beta of 2.08. The firm’s fifty day moving average price is C$34.74 and its 200-day moving average price is C$26.22.

Lundin Mining (TSE:LUN) last announced its 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 net margin of 33.65% and a return on equity of 21.95%.

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.