FY2026 EPS Estimates for Lundin Mining Boosted by Analyst

Lundin Mining Co. (TSE:LUN) – Equities research analysts at Scotiabank increased their FY2026 earnings estimates for Lundin Mining in a research report issued to clients and investors on Tuesday, July 7th. Scotiabank analyst O. Wowkodaw now anticipates that the mining company will earn $1.73 per share for the year, up from their previous forecast of $1.66. Scotiabank has a “Sector Outperform” rating and a $42.00 price target on the stock. Scotiabank also issued estimates for Lundin Mining’s FY2027 earnings at $1.78 EPS.

Other equities research analysts also recently issued reports about the stock. Desjardins upped their price target on shares of Lundin Mining from C$35.00 to C$42.00 and gave the company a “buy” rating in a report on Thursday, March 12th. TD lowered their price objective on shares of Lundin Mining from C$45.00 to C$44.00 and set a “buy” rating on the stock in a research note on Friday, April 10th. Barclays set a C$42.00 target price on shares of Lundin Mining and gave the company an “equal weight” rating in a research note on Friday, May 22nd. ATB Cormark Capital Markets raised their target price on shares of Lundin Mining from C$32.50 to C$40.00 and gave the stock an “outperform” rating in a report on Wednesday, June 24th. Finally, Morgan Stanley decreased their price target on shares of Lundin Mining from C$39.70 to C$34.90 in a research report on Thursday, April 9th. Eight analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of C$39.74.

Lundin Mining Price Performance

TSE LUN opened at C$33.26 on Wednesday. Lundin Mining has a 12 month low of C$13.37 and a 12 month high of C$45.74. The firm has a market capitalization of C$28.40 billion, a PE ratio of 19.92, a P/E/G ratio of -0.26 and a beta of 2.32. The company’s 50 day simple moving average is C$37.54 and its 200 day simple moving average is C$35.84. The company has a debt-to-equity ratio of 5.55, a current ratio of 1.81 and a quick ratio of 0.90.

Lundin Mining (TSE:LUN) last released its earnings results on Wednesday, May 6th. The mining company reported C$0.43 EPS for the quarter. The firm had revenue of C$1.61 billion for the quarter. Lundin Mining had a net margin of 35.92% and a return on equity of 23.11%.

About Lundin Mining

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.