Ventum Cap Mkts Weighs in on Lundin Mining Q4 Earnings

Lundin Mining Co. (OTCMKTS:LUNMF - Free Report) - Equities researchers at Ventum Cap Mkts issued their Q4 2024 EPS estimates for Lundin Mining in a research report issued to clients and investors on Thursday, November 21st. Ventum Cap Mkts analyst C. Mackay expects that the basic materials company will earn $0.22 per share for the quarter. The consensus estimate for Lundin Mining's current full-year earnings is $0.58 per share. Ventum Cap Mkts also issued estimates for Lundin Mining's Q1 2025 earnings at $0.12 EPS, Q2 2025 earnings at $0.12 EPS and Q3 2025 earnings at $0.12 EPS.

Lundin Mining Stock Performance

Shares of OTCMKTS LUNMF traded up $0.12 during mid-day trading on Monday, reaching $10.24. 1,500,541 shares of the company were exchanged, compared to its average volume of 135,223. Lundin Mining has a twelve month low of $6.51 and a twelve month high of $13.26. The stock has a market capitalization of $7.96 billion, a P/E ratio of 28.33, a P/E/G ratio of 0.36 and a beta of 1.50. The company's 50-day simple moving average is $10.13 and its 200-day simple moving average is $10.46. The company has a quick ratio of 0.96, a current ratio of 1.40 and a debt-to-equity ratio of 0.28.

Lundin Mining (OTCMKTS:LUNMF - Get Free Report) last released its quarterly earnings data on Wednesday, November 6th. The basic materials company reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.09). The business had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1.10 billion. Lundin Mining had a net margin of 6.63% and a return on equity of 5.02%.

Lundin Mining Cuts Dividend

The business also recently declared a dividend, which will be paid on Wednesday, December 11th. Investors of record on Monday, December 2nd will be given a dividend of $0.0647 per share. This represents a yield of 2.56%. The ex-dividend date of this dividend is Friday, November 29th. Lundin Mining's dividend payout ratio is currently 72.22%.

About Lundin Mining

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.