Q1 Earnings Estimate for Lundin Mining Issued By Desjardins

Lundin Mining Co. (OTCMKTS:LUNMF - Free Report) - Desjardins issued their Q1 2025 earnings estimates for shares of Lundin Mining in a research report issued to clients and investors on Tuesday, April 22nd. Desjardins analyst B. Adams forecasts that the basic materials company will earn $0.13 per share for the quarter. Desjardins has a "Moderate Buy" rating on the stock. The consensus estimate for Lundin Mining's current full-year earnings is $0.53 per share.

LUNMF has been the topic of a number of other reports. The Goldman Sachs Group upgraded Lundin Mining from a "buy" rating to a "strong-buy" rating in a report on Thursday, March 6th. Canaccord Genuity Group raised shares of Lundin Mining from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, April 16th. Stifel Canada raised shares of Lundin Mining to a "strong-buy" rating in a research report on Wednesday, March 19th. Finally, TD Securities raised shares of Lundin Mining from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, April 15th. One investment analyst has rated the stock with a hold rating and four have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Strong Buy".

Lundin Mining Trading Down 2.6 %

Shares of Lundin Mining stock traded down $0.22 on Friday, reaching $8.48. 345,175 shares of the company's stock were exchanged, compared to its average volume of 304,836. The company has a market capitalization of $7.29 billion, a P/E ratio of 23.55, a price-to-earnings-growth ratio of 0.36 and a beta of 1.39. Lundin Mining has a 52 week low of $6.30 and a 52 week high of $13.26. The firm's 50-day moving average is $8.17 and its two-hundred day moving average is $8.85. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.96 and a current ratio of 1.40.

Lundin Mining (OTCMKTS:LUNMF - Get Free Report) last posted its quarterly earnings results on Wednesday, February 19th. The basic materials company reported $0.12 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.22 by ($0.10). The business had revenue of $858.90 million for the quarter, compared to the consensus estimate of $1.06 billion. Lundin Mining had a return on equity of 5.02% and a net margin of 6.63%.

Lundin Mining Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, April 9th. Shareholders of record on Monday, March 24th were paid a $0.0634 dividend. This represents a yield of 2.79%. The ex-dividend date of this dividend was Friday, March 21st. Lundin Mining's payout ratio is -92.31%.

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.