Lundin Mining (TSE:LUN) Upgraded at Stifel Canada

Stifel Canada upgraded shares of Lundin Mining (TSE:LUN) to a strong-buy rating in a research note released on Wednesday,Zacks.com reports. Stifel Canada also issued estimates for Lundin Mining’s FY2025 earnings at $0.49 EPS, FY2026 earnings at $0.44 EPS and FY2027 earnings at $0.29 EPS.

Several other equities research analysts have also weighed in on LUN. Jefferies Financial Group cut their target price on Lundin Mining from C$20.00 to C$16.00 in a research report on Monday, January 6th. The Goldman Sachs Group set a C$16.60 price target on Lundin Mining and gave the stock a “buy” rating in a research report on Thursday, March 6th. Scotiabank lowered Lundin Mining from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 15th. Stifel Nicolaus cut their price target on Lundin Mining from C$17.50 to C$16.00 and set a “buy” rating on the stock in a research report on Thursday, January 30th. Finally, UBS Group cut their price target on Lundin Mining from C$17.00 to C$15.50 in a research report on Tuesday, January 7th. Seven research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Lundin Mining presently has an average rating of “Moderate Buy” and a consensus price target of C$17.15.

Lundin Mining Price Performance

LUN stock opened at C$12.49 on Wednesday. The company has a debt-to-equity ratio of 41.58, a current ratio of 1.40 and a quick ratio of 0.90. Lundin Mining has a 1 year low of C$10.92 and a 1 year high of C$17.97. The firm has a market capitalization of C$7.63 billion, a P/E ratio of 24.79, a P/E/G ratio of -0.26 and a beta of 1.66. The business’s 50-day moving average is C$12.20 and its two-hundred day moving average is C$12.97.

About Lundin Mining

Lundin Mining Corp is a diversified Canadian base metals mining company with operations in Brazil Chile Portugal Sweden and the United States of America producing copper zinc gold and nickel. Its material mineral properties include Candelaria Chapada Eagle and Neves-Corvo.