FY2026 EPS Estimates for Lundin Mining Raised by Scotiabank

Lundin Mining Co. (OTCMKTS:LUNMF) – Equities research analysts at Scotiabank boosted their FY2026 EPS estimates for shares of Lundin Mining in a research report issued to clients and investors on Sunday, April 13th. Scotiabank analyst O. Wowkodaw now expects that the basic materials company will post earnings of $0.47 per share for the year, up from their prior estimate of $0.46. The consensus estimate for Lundin Mining’s current full-year earnings is $0.53 per share.

Several other analysts have also issued reports on LUNMF. TD Securities raised Lundin Mining from a “hold” rating to a “strong-buy” rating in a research note on Tuesday. The Goldman Sachs Group raised shares of Lundin Mining from a “buy” rating to a “strong-buy” rating in a report on Thursday, March 6th. Desjardins raised shares of Lundin Mining to a “moderate buy” rating in a research note on Thursday, April 3rd. Finally, Stifel Canada upgraded shares of Lundin Mining to a “strong-buy” rating in a research report on Wednesday, March 19th. One research analyst has rated the stock with a hold rating and three have issued a strong buy rating to the stock. According to data from MarketBeat.com, Lundin Mining currently has a consensus rating of “Strong Buy”.

Lundin Mining Price Performance

LUNMF opened at $7.63 on Wednesday. The stock has a market capitalization of $6.61 billion, a P/E ratio of 21.20, a PEG ratio of 0.36 and a beta of 1.39. The company has a current ratio of 1.40, a quick ratio of 0.96 and a debt-to-equity ratio of 0.28. Lundin Mining has a 12-month low of $6.30 and a 12-month high of $13.26. The stock has a 50-day moving average price of $8.23 and a 200-day moving average price of $8.98.

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

Lundin Mining Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, April 9th. Investors of record on Monday, March 24th were paid a $0.0634 dividend. This represents a dividend 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.