FY2025 EPS Estimates for Lundin Mining Lowered by Scotiabank

Lundin Mining Co. (TSE:LUN - Free Report) - Scotiabank lowered their FY2025 earnings per share estimates for Lundin Mining in a research report issued on Wednesday, January 8th. Scotiabank analyst O. Wowkodaw now forecasts that the mining company will post earnings per share of $0.62 for the year, down from their prior estimate of $0.73. Scotiabank also issued estimates for Lundin Mining's FY2026 earnings at $0.65 EPS.

Several other brokerages have also recently weighed in on LUN. Raymond James dropped their price target on shares of Lundin Mining from C$16.00 to C$15.00 in a research report on Tuesday, December 10th. Ventum Financial raised their target price on Lundin Mining from C$18.50 to C$19.00 in a report on Friday, October 18th. Jefferies Financial Group decreased their price target on Lundin Mining from C$20.00 to C$16.00 in a report on Monday. Finally, UBS Group lowered their price target on Lundin Mining from C$17.00 to C$15.50 in a research report on Tuesday. Six equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of C$17.38.

Lundin Mining Stock Up 2.6 %

Shares of TSE LUN traded up C$0.33 during mid-day trading on Thursday, reaching C$12.94. 1,032,782 shares of the company's stock traded hands, compared to its average volume of 2,127,966. The company has a debt-to-equity ratio of 24.64, a current ratio of 1.49 and a quick ratio of 0.90. The business has a 50-day simple moving average of C$13.25 and a 200 day simple moving average of C$13.70. The stock has a market cap of C$10.05 billion, a P/E ratio of 46.21, a PEG ratio of -0.26 and a beta of 1.66. Lundin Mining has a 1-year low of C$9.85 and a 1-year high of C$17.97.

Lundin Mining (TSE:LUN - Get Free Report) last posted its quarterly earnings results on Wednesday, November 6th. The mining company reported C$0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.24 by C($0.12). Lundin Mining had a net margin of 4.21% and a return on equity of 5.04%. The business had revenue of C$1.46 billion during the quarter, compared to analyst estimates of C$1.49 billion.

Lundin Mining Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 11th. Stockholders of record on Friday, November 29th were paid a dividend of $0.09 per share. The ex-dividend date was Friday, November 29th. This represents a $0.36 annualized dividend and a dividend yield of 2.78%. Lundin Mining's payout ratio is currently 128.57%.

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.