Lundin Mining (OTCMKTS:LUNMF) vs. Lithium Argentina (NYSE:LAR) Critical Review

Lundin Mining (OTCMKTS:LUNMF) and Lithium Argentina (NYSE:LAR) are both basic materials companies, but which is the superior stock? We will compare the two businesses based on the strength of their risk, earnings, analyst recommendations, institutional ownership, profitability, dividends and valuation.

Insider & Institutional Ownership

0.1% of Lundin Mining shares are owned by institutional investors. Comparatively, 49.2% of Lithium Argentina shares are owned by institutional investors. 0.4% of Lundin Mining shares are owned by insiders. Comparatively, 19.8% of Lithium Argentina shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Risk and Volatility

Lundin Mining has a beta of 1.52, indicating that its stock price is 52% more volatile than the S&P 500. Comparatively, Lithium Argentina has a beta of 1.36, indicating that its stock price is 36% more volatile than the S&P 500.

Analyst Recommendations

This is a summary of recent recommendations for Lundin Mining and Lithium Argentina, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Lundin Mining	0	1	0	2	3.33
Lithium Argentina	0	1	1	0	2.50

Lithium Argentina has a consensus target price of $3.50, indicating a potential upside of 84.21%. Given Lithium Argentina’s higher probable upside, analysts clearly believe Lithium Argentina is more favorable than Lundin Mining.

Profitability

This table compares Lundin Mining and Lithium Argentina’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Lundin Mining	6.63%	5.02%	2.92%
Lithium Argentina	N/A	-1.37%	-1.08%

Valuation & Earnings

This table compares Lundin Mining and Lithium Argentina”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Lundin Mining	$3.39 billion	1.70	$241.56 million	($0.26)	-25.68
Lithium Argentina	N/A	N/A	$1.29 billion	($0.09)	-21.11

Lithium Argentina has lower revenue, but higher earnings than Lundin Mining. Lundin Mining is trading at a lower price-to-earnings ratio than Lithium Argentina, indicating that it is currently the more affordable of the two stocks.

Summary

Lundin Mining beats Lithium Argentina on 8 of the 14 factors compared between the two stocks.

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. The company holds 100% interests in the Chapada mine located in Brazil; the Eagle mine located in the United States; the Neves-Corvo mine located in Portugal; and the Zinkgruvan mine located in Sweden. It also holds 80% interests in the Candelaria and Ojos del Salado mining complex; and 51% interest in the Caserones copper-molybdenum mine located in Chile, as well as owns the copper gold Josemaria project located in Argentina. The company was formerly known as South Atlantic Ventures Ltd. and changed its name to Lundin Mining Corporation in August 2004. Lundin Mining Corporation was incorporated in 1994 and is headquartered in Vancouver, Canada.

About Lithium Argentina

Lithium Argentina AG, a resource and materials company, focuses on advancing lithium projects in Argentina. The company owns interests in the Cauchari-Olaroz project located in Jujuy province; and the Pastos Grandes project located in Salta Province of Argentina. The company was formerly known as Lithium Americas (Argentina) Corp. and changed its name to Lithium Argentina AG in January 2025. Lithium Argentina AG was incorporated in 2007 is headquartered in Zug, Switzerland.