FY2026 EPS Estimates for Lundin Mining Raised by Scotiabank

Lundin Mining Corp. (OTCMKTS:LUNMF) – Research analysts at Scotiabank raised their FY2026 earnings per share estimates for Lundin Mining in a report released on Monday, November 2nd. Scotiabank analyst O. Wowkodaw now anticipates that the basic materials company will post earnings of $1.26 per share for the year, up from their prior forecast of $1.23. The consensus estimate for Lundin Mining’s current full-year earnings is $1.32 per share.

Other research analysts have also recently issued research reports about the stock. Canaccord Genuity Group cut shares of Lundin Mining from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 6th. Citigroup reiterated a “positive” rating on shares of Lundin Mining in a research report on Wednesday, July 15th. Four research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat.com, Lundin Mining currently has an average rating of “Hold”.

Lundin Mining Stock Up 5.9%

Shares of OTCMKTS:LUNMF opened at $22.56 on Thursday. The company has a market capitalization of $19.21 billion, a price-to-earnings ratio of 13.04, a PEG ratio of 1.09 and a beta of 1.24. Lundin Mining has a 12-month low of $15.05 and a 12-month high of $33.29. The business has a 50-day moving average price of $24.12 and a 200 day moving average price of $25.83. The company has a current ratio of 1.60, a quick ratio of 1.05 and a debt-to-equity ratio of 0.02.

Lundin Mining (OTCMKTS:LUNMF) last announced its quarterly earnings results on Wednesday, November 4th. The basic materials company reported $0.32 EPS for the quarter, beating the consensus estimate of $0.30 by $0.02. The business had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.13 billion. Lundin Mining had a return on equity of 13.18% and a net margin of 31.82%.

About Lundin Mining

Lundin Mining Corporation is a Canadian base-metals mining company headquartered in Vancouver, British Columbia. The company explores, develops, and operates mines that produce copper, zinc, gold, and silver, with copper representing its primary focus. Its products are sold to customers in industrial and metals markets.

Lundin Mining’s principal assets have included the Candelaria copper-gold-silver complex and Caserones copper-molybdenum mine in Chile, the Eagle nickel-copper mine in Michigan, and the Zinkgruvan zinc-lead-silver mine in Sweden.