FY2026 EPS Estimates for Lundin Mining Cut by Scotiabank

Lundin Mining Co. (TSE:LUN) – Equities research analysts at Scotiabank decreased their FY2026 earnings per share estimates for shares of Lundin Mining in a note issued to investors on Friday, April 17th. Scotiabank analyst O. Wowkodaw now expects that the mining company will post earnings of $1.34 per share for the year, down from their previous estimate of $1.36. Scotiabank currently has a “Outperform” rating and a $31.00 target price on the stock. Scotiabank also issued estimates for Lundin Mining’s FY2027 earnings at $1.34 EPS.

Lundin Mining (TSE:LUN) last released its quarterly earnings results on Friday, February 20th. The mining company reported C$0.59 EPS for the quarter. The firm had revenue of C$1.51 billion during the quarter. Lundin Mining had a return on equity of 21.95% and a net margin of 33.65%.

Other research analysts have also issued reports about the company. Ci Capital boosted their price target on Lundin Mining from C$32.00 to C$41.00 in a research report on Wednesday, February 11th. Stifel Nicolaus upped their target price on Lundin Mining from C$26.00 to C$40.00 and gave the company a “buy” rating in a research report on Wednesday, February 11th. JPMorgan Chase & Co. downgraded Lundin Mining from a “neutral” rating to an “underweight” rating and dropped their price target for the company from C$32.90 to C$28.20 in a research note on Monday, March 9th. National Bank Financial boosted their price target on Lundin Mining from C$42.00 to C$43.50 and gave the company a “sector perform” rating in a research note on Wednesday, April 15th. Finally, The Goldman Sachs Group boosted their price target on Lundin Mining from C$23.90 to C$35.80 in a research note on Tuesday, January 13th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Lundin Mining currently has a consensus rating of “Moderate Buy” and a consensus target price of C$35.92.

Lundin Mining Trading Down 6.7%

LUN opened at C$37.35 on Wednesday. The firm has a market cap of C$31.92 billion, a price-to-earnings ratio of 25.07, a PEG ratio of -0.26 and a beta of 2.22. The company has a current ratio of 1.64, a quick ratio of 0.90 and a debt-to-equity ratio of 9.31. Lundin Mining has a 12 month low of C$10.87 and a 12 month high of C$45.74. The stock has a fifty day moving average price of C$36.57 and a 200-day moving average price of C$30.79.

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.