What is Cormark’s Forecast for Lundin Mining Q1 Earnings?

Lundin Mining Co. (OTCMKTS:LUNMF) – Equities research analysts at Cormark cut their Q1 2025 EPS estimates for Lundin Mining in a note issued to investors on Tuesday, May 6th. Cormark analyst S. Ioannou now expects that the basic materials company will post earnings of $0.13 per share for the quarter, down from their prior estimate of $0.15. The consensus estimate for Lundin Mining’s current full-year earnings is $0.53 per share. Cormark also issued estimates for Lundin Mining’s Q2 2025 earnings at $0.14 EPS, FY2025 earnings at $0.59 EPS, Q1 2026 earnings at $0.19 EPS, Q2 2026 earnings at $0.19 EPS, Q3 2026 earnings at $0.19 EPS and Q4 2026 earnings at $0.19 EPS.

Lundin Mining (OTCMKTS:LUNMF) last issued its earnings results on Wednesday, May 7th. The basic materials company reported $0.11 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.11. The firm had revenue of $963.90 million for the quarter, compared to analysts’ expectations of $914.31 million. Lundin Mining had a return on equity of 5.02% and a net margin of 6.63%.

Other equities research analysts also recently issued reports about the stock. UBS Group downgraded shares of Lundin Mining from a “strong-buy” rating to a “hold” rating in a research note on Friday, May 2nd. TD Securities raised shares of Lundin Mining from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 15th. Canaccord Genuity Group raised Lundin Mining from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 16th. Desjardins raised Lundin Mining to a “moderate buy” rating in a research report on Thursday, April 3rd. Finally, Scotiabank reaffirmed an “outperform” rating on shares of Lundin Mining in a report on Monday. One analyst has rated the stock with a hold rating, one has given a buy rating and four have issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Strong Buy”.

Lundin Mining Stock Down 1.6 %

Shares of OTCMKTS:LUNMF opened at $8.39 on Wednesday. The stock has a 50-day simple moving average of $8.19 and a 200-day simple moving average of $8.76. The stock has a market capitalization of $7.22 billion, a P/E ratio of 23.31, a PEG ratio of 0.36 and a beta of 1.29. Lundin Mining has a 1 year low of $6.30 and a 1 year high of $13.26. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.96 and a current ratio of 1.40.

Lundin Mining Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, April 9th. Stockholders of record on Monday, March 24th were paid a $0.0634 dividend. This represents a dividend yield of 2.79%. The ex-dividend date was Friday, March 21st. Lundin Mining’s dividend payout ratio (DPR) is presently -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.