Lundin Mining Co. (OTCMKTS:LUNMF - Free Report) - Raymond James decreased their FY2024 earnings per share (EPS) estimates for shares of Lundin Mining in a research note issued to investors on Thursday, February 6th. Raymond James analyst F. Hamed now forecasts that the basic materials company will earn $0.42 per share for the year, down from their prior forecast of $0.45. The consensus estimate for Lundin Mining's current full-year earnings is $0.53 per share. Raymond James also issued estimates for Lundin Mining's Q4 2024 earnings at $0.11 EPS and Q3 2025 earnings at $0.08 EPS.
Lundin Mining Price Performance
Shares of LUNMF traded up $0.14 during mid-day trading on Monday, hitting $8.71. The company's stock had a trading volume of 38,321 shares, compared to its average volume of 300,308. The company has a current ratio of 1.40, a quick ratio of 0.96 and a debt-to-equity ratio of 0.28. The firm has a 50-day simple moving average of $8.61 and a 200 day simple moving average of $9.43. The firm has a market capitalization of $7.56 billion, a P/E ratio of 24.19, a P/E/G ratio of 0.36 and a beta of 1.46. Lundin Mining has a 1-year low of $7.51 and a 1-year high of $13.26.
Lundin Mining Cuts Dividend
The business also recently declared 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 payout ratio is 75.00%.
About Lundin Mining
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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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