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Ventum Cap Mkts Predicts Lower Earnings for Lundin Mining

Lundin Mining logo with Basic Materials background

Lundin Mining Co. (OTCMKTS:LUNMF - Free Report) - Investment analysts at Ventum Cap Mkts dropped their Q4 2024 earnings per share estimates for Lundin Mining in a research note issued to investors on Tuesday, February 11th. Ventum Cap Mkts analyst C. Mackay now anticipates that the basic materials company will earn $0.13 per share for the quarter, down from their previous forecast of $0.22. The consensus estimate for Lundin Mining's current full-year earnings is $0.53 per share. Ventum Cap Mkts also issued estimates for Lundin Mining's Q1 2025 earnings at $0.10 EPS, Q2 2025 earnings at $0.05 EPS and Q3 2025 earnings at $0.05 EPS.

Lundin Mining Trading Up 0.7 %

LUNMF stock traded up $0.06 during midday trading on Friday, hitting $8.76. The company had a trading volume of 321,798 shares, compared to its average volume of 298,032. The company has a current ratio of 1.40, a quick ratio of 0.96 and a debt-to-equity ratio of 0.28. Lundin Mining has a 52 week low of $7.51 and a 52 week high of $13.26. The stock's 50 day moving average price is $8.57 and its 200 day moving average price is $9.41. The stock has a market cap of $7.60 billion, a price-to-earnings ratio of 24.33, a PEG ratio of 0.36 and a beta of 1.46.

Lundin Mining Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, December 11th. Shareholders of record on Monday, December 2nd were given a $0.0647 dividend. The ex-dividend date was Friday, November 29th. This represents a yield of 2.56%. Lundin Mining's payout ratio is currently 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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