Cormark Brokers Lower Earnings Estimates for Lundin Mining

Lundin Mining Co. (TSE:LUN - Free Report) - Equities researchers at Cormark dropped their Q1 2025 earnings estimates for shares of Lundin Mining in a note issued to investors on Friday, February 28th. Cormark analyst S. Ioannou now expects that the mining company will post earnings per share of $0.21 for the quarter, down from their previous forecast of $0.26. Cormark also issued estimates for Lundin Mining's Q2 2025 earnings at $0.21 EPS, Q3 2025 earnings at $0.21 EPS, Q4 2025 earnings at $0.21 EPS, FY2025 earnings at $0.85 EPS, Q1 2026 earnings at $0.26 EPS and Q2 2026 earnings at $0.26 EPS.

LUN has been the topic of several other research reports. Jefferies Financial Group dropped their price objective on Lundin Mining from C$20.00 to C$16.00 in a research note on Monday, January 6th. Raymond James dropped their price target on Lundin Mining from C$15.00 to C$14.00 and set a "market perform" rating on the stock in a research report on Thursday, January 16th. Stifel Nicolaus decreased their price objective on Lundin Mining from C$17.50 to C$16.00 and set a "buy" rating for the company in a research report on Thursday, January 30th. Scotiabank downgraded shares of Lundin Mining from a "strong-buy" rating to a "hold" rating in a report on Wednesday, January 15th. Finally, UBS Group reduced their price target on shares of Lundin Mining from C$17.00 to C$15.50 in a report on Tuesday, January 7th. Seven analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, Lundin Mining presently has an average rating of "Moderate Buy" and an average price target of C$17.19.

Lundin Mining Trading Up 6.4 %

Shares of TSE LUN traded up C$0.73 during midday trading on Monday, reaching C$12.09. 2,378,705 shares of the stock were exchanged, compared to its average volume of 2,539,388. Lundin Mining has a 12 month low of C$10.92 and a 12 month high of C$17.97. The company has a market capitalization of C$7.39 billion, a price-to-earnings ratio of 23.99, a P/E/G ratio of -0.26 and a beta of 1.66. The company has a debt-to-equity ratio of 41.58, a current ratio of 1.40 and a quick ratio of 0.90. The business has a 50-day simple moving average of C$12.16 and a two-hundred day simple moving average of C$13.04.

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.