Lundin Mining Co. (OTCMKTS:LUNMF - Free Report) - Equities research analysts at Cormark raised their Q4 2024 earnings per share estimates for Lundin Mining in a report released on Tuesday, November 12th. Cormark analyst S. Ioannou now anticipates that the basic materials company will earn $0.41 per share for the quarter, up from their prior estimate of $0.30. The consensus estimate for Lundin Mining's current full-year earnings is $0.60 per share. Cormark also issued estimates for Lundin Mining's FY2025 earnings at $0.98 EPS.
Lundin Mining Stock Performance
Shares of OTCMKTS LUNMF traded down $0.33 during trading hours on Thursday, hitting $9.30. 23,133 shares of the company's stock were exchanged, compared to its average volume of 126,383. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.49 and a quick ratio of 1.00. The stock has a market capitalization of $7.22 billion, a price-to-earnings ratio of 25.83, a PEG ratio of 0.33 and a beta of 1.50. Lundin Mining has a 1-year low of $6.10 and a 1-year high of $13.26. The company's 50-day moving average price is $9.95 and its 200-day moving average price is $10.54.
Lundin Mining (OTCMKTS:LUNMF - Get Free Report) last released its quarterly earnings results on Wednesday, November 6th. The basic materials company reported $0.09 EPS for the quarter, missing analysts' consensus estimates of $0.18 by ($0.09). The firm 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 4.97%.
Lundin Mining Cuts Dividend
The company also recently announced a dividend, which was paid on Wednesday, September 11th. Stockholders of record on Monday, September 2nd were paid a $0.065 dividend. This represents a dividend yield of 2.6%. The ex-dividend date of this dividend was Friday, August 30th. Lundin Mining's payout ratio is presently 72.22%.
Lundin Mining Company Profile
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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.
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