Cormark Issues Negative Outlook for Lundin Mining Earnings

Lundin Mining Co. (TSE:LUN) – Equities researchers at Cormark reduced their Q1 2025 earnings estimates for shares of Lundin Mining in a research report issued on Tuesday, January 21st. Cormark analyst S. Ioannou now forecasts that the mining company will post earnings of $0.26 per share for the quarter, down from their previous estimate of $0.33. Cormark also issued estimates for Lundin Mining’s Q2 2025 earnings at $0.26 EPS, Q3 2025 earnings at $0.26 EPS, Q4 2025 earnings at $0.26 EPS and FY2026 earnings at $1.47 EPS.

Lundin Mining (TSE:LUN) last posted its quarterly earnings data 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). The firm had revenue of C$1.46 billion for the quarter, compared to the consensus estimate of C$1.49 billion. Lundin Mining had a return on equity of 5.04% and a net margin of 4.21%.

Several other brokerages also recently weighed in on LUN. UBS Group decreased their target price on Lundin Mining from C$17.00 to C$15.50 in a research note on Tuesday, January 7th. Scotiabank cut Lundin Mining from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 15th. Raymond James dropped their target price on shares of Lundin Mining from C$15.00 to C$14.00 and set a “market perform” rating on the stock in a research report on Thursday, January 16th. Ventum Financial increased their price target on shares of Lundin Mining from C$18.50 to C$19.00 in a report on Friday, October 18th. Finally, Jefferies Financial Group decreased their price target on shares of Lundin Mining from C$20.00 to C$16.00 in a research report on Monday, January 6th. Seven research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of C$17.31.

Lundin Mining Stock Down 1.0 %

LUN stock opened at C$12.62 on Wednesday. The stock has a market capitalization of C$9.80 billion, a price-to-earnings ratio of 45.07, a price-to-earnings-growth ratio of -0.26 and a beta of 1.66. The company has a 50-day moving average of C$13.03 and a two-hundred day moving average of C$13.56. Lundin Mining has a 52-week low of C$9.90 and a 52-week high of C$17.97. The company has a debt-to-equity ratio of 24.64, a current ratio of 1.49 and a quick ratio of 0.90.

Lundin Mining Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 11th. Shareholders 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 yield of 2.85%. Lundin Mining’s dividend 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.