FY2026 EPS Estimates for Lundin Mining Increased by Analyst

Lundin Mining Co. (OTCMKTS:LUNMF - Free Report) - Research analysts at Scotiabank raised their FY2026 EPS estimates for Lundin Mining in a note issued to investors on Sunday, April 13th. Scotiabank analyst O. Wowkodaw now forecasts that the basic materials company will post earnings of $0.47 per share for the year, up from their prior forecast of $0.46. The consensus estimate for Lundin Mining's current full-year earnings is $0.53 per share.

Lundin Mining (OTCMKTS:LUNMF - Get Free Report) last announced its quarterly earnings results on Wednesday, February 19th. The basic materials company reported $0.12 earnings per share for the quarter, missing analysts' consensus estimates of $0.22 by ($0.10). The company had revenue of $858.90 million for the quarter, compared to analyst estimates of $1.06 billion. Lundin Mining had a return on equity of 5.02% and a net margin of 6.63%.

Other equities analysts also recently issued reports about the stock. Desjardins raised shares of Lundin Mining to a "moderate buy" rating in a report on Thursday, April 3rd. TD Securities raised shares of Lundin Mining from a "hold" rating to a "strong-buy" rating in a research report on Tuesday. The Goldman Sachs Group raised Lundin Mining from a "buy" rating to a "strong-buy" rating in a research note on Thursday, March 6th. Canaccord Genuity Group raised Lundin Mining from a "hold" rating to a "strong-buy" rating in a research report on Wednesday. Finally, Stifel Canada raised Lundin Mining to a "strong-buy" rating in a report on Wednesday, March 19th. One equities research analyst has rated the stock with a hold rating and four have given a strong buy rating to the company. According to MarketBeat, Lundin Mining has an average rating of "Strong Buy".

Lundin Mining Stock Performance

Shares of OTCMKTS LUNMF traded down $0.10 during trading hours on Wednesday, hitting $7.63. 240,167 shares of the stock were exchanged, compared to its average volume of 309,465. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.40 and a quick ratio of 0.96. The company's 50 day moving average is $8.21 and its 200 day moving average is $8.96. The firm has a market capitalization of $6.61 billion, a P/E ratio of 21.20, a P/E/G ratio of 0.36 and a beta of 1.39. Lundin Mining has a one year low of $6.30 and a one year high of $13.26.

Lundin Mining Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, April 9th. Stockholders of record on Monday, March 24th were paid a $0.0634 dividend. The ex-dividend date of this dividend was Friday, March 21st. This represents a dividend yield of 2.79%. Lundin Mining's payout ratio is -92.31%.

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.