Lundin Mining Q4 EPS Increased by National Bank Financial

Lundin Mining Co. (OTCMKTS:LUNMF - Free Report) - Investment analysts at National Bank Financial lifted their Q4 2024 earnings per share estimates for shares of Lundin Mining in a research report issued on Thursday, November 7th. National Bank Financial analyst S. Nagle now forecasts that the basic materials company will post earnings per share of $0.21 for the quarter, up from their previous forecast of $0.16. The consensus estimate for Lundin Mining's current full-year earnings is $0.59 per share. National Bank Financial also issued estimates for Lundin Mining's Q1 2025 earnings at $0.10 EPS and FY2026 earnings at $0.46 EPS.

Lundin Mining (OTCMKTS:LUNMF - Get Free Report) last issued its earnings results on Wednesday, November 6th. The basic materials company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.18 by ($0.09). The firm had revenue of $1.07 billion during the quarter, compared to analyst estimates of $1.10 billion. Lundin Mining had a net margin of 6.63% and a return on equity of 4.97%.

Separately, Scotiabank upgraded Lundin Mining to a "hold" rating in a research note on Monday, July 15th.

Lundin Mining Stock Down 0.8 %

LUNMF stock traded down $0.08 during mid-day trading on Monday, reaching $9.84. 15,596 shares of the company traded hands, compared to its average volume of 127,339. The stock has a market cap of $7.64 billion, a price-to-earnings ratio of 27.56, a P/E/G ratio of 0.34 and a beta of 1.50. The company has a quick ratio of 1.00, a current ratio of 1.49 and a debt-to-equity ratio of 0.20. Lundin Mining has a fifty-two week low of $6.06 and a fifty-two week high of $13.26. The firm's 50 day moving average price is $9.95 and its 200 day moving average price is $10.57.

Lundin Mining Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, September 11th. Investors of record on Monday, September 2nd were issued a $0.065 dividend. The ex-dividend date was Friday, August 30th. This represents a dividend yield of 2.6%. Lundin Mining's dividend payout ratio (DPR) is presently 72.22%.

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.