Raymond James Forecasts Higher Earnings for Lundin Mining

Lundin Mining Co. (OTCMKTS:LUNMF) – Equities researchers at Raymond James lifted their FY2025 earnings per share estimates for shares of Lundin Mining in a report released on Tuesday, March 4th. Raymond James analyst F. Hamed now forecasts that the basic materials company will post earnings of $0.40 per share for the year, up from their previous forecast of $0.38. The consensus estimate for Lundin Mining’s current full-year earnings is $0.53 per share.

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

Lundin Mining Price Performance

OTCMKTS LUNMF opened at $8.70 on Thursday. The stock has a market capitalization of $7.55 billion, a price-to-earnings ratio of 24.17, a PEG ratio of 0.36 and a beta of 1.46. Lundin Mining has a 1-year low of $7.51 and a 1-year high of $13.26. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.40 and a quick ratio of 0.96. The business’s fifty day moving average price is $8.46 and its 200-day moving average price is $9.33.

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.