Lundin Mining FY2024 EPS Raised by National Bank Financial

Lundin Mining Co. (OTCMKTS:LUNMF - Free Report) - Research analysts at National Bank Financial raised their FY2024 EPS estimates for shares of Lundin Mining in a research report issued to clients and investors on Tuesday, February 4th. National Bank Financial analyst S. Nagle now expects that the basic materials company will earn $0.53 per share for the year, up from their previous estimate of $0.33. The consensus estimate for Lundin Mining's current full-year earnings is $0.53 per share. National Bank Financial also issued estimates for Lundin Mining's Q4 2024 earnings at $0.22 EPS and FY2025 earnings at $0.78 EPS.

Lundin Mining Trading Up 3.0 %

Lundin Mining stock traded up $0.25 during trading hours on Friday, hitting $8.56. The company had a trading volume of 66,408 shares, compared to its average volume of 290,960. The firm has a market cap of $7.43 billion, a P/E ratio of 23.79, a P/E/G ratio of 0.36 and a beta of 1.46. The company has a 50-day moving average price of $8.72 and a two-hundred day moving average price of $9.47. Lundin Mining has a 1 year low of $7.51 and a 1 year high of $13.26. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.96 and a current ratio of 1.40.

Lundin Mining Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, December 11th. Shareholders of record on Monday, December 2nd were given a dividend of $0.0647 per share. This represents a yield of 2.56%. The ex-dividend date was Friday, November 29th. Lundin Mining's dividend payout ratio (DPR) is 75.00%.

Lundin Mining Company Profile

Lundin Mining Corporation, a diversified base metals mining company, engages in the exploration, development, and mining of mineral properties in Chile, Brazil, the United States, Portugal, Sweden, and Argentina. It primarily produces copper, zinc, gold, nickel, and molybdenum, as well as lead, silver, and other metals.