What is Desjardins’ Forecast for Lundin Mining Q1 Earnings?

Lundin Mining Co. (TSE:LUN) – Equities researchers at Desjardins issued their Q1 2025 earnings per share (EPS) estimates for shares of Lundin Mining in a report issued on Tuesday, April 22nd. Desjardins analyst B. Adams expects that the mining company will earn $0.18 per share for the quarter. Desjardins currently has a “Moderate Buy” rating on the stock.

LUN has been the subject of several other research reports. Raymond James decreased their target price on Lundin Mining from C$15.00 to C$14.00 and set a “market perform” rating for the company in a research report on Thursday, January 16th. The Goldman Sachs Group set a C$16.60 target price on shares of Lundin Mining and gave the stock a “buy” rating in a report on Thursday, March 6th. National Bankshares decreased their price target on shares of Lundin Mining from C$17.50 to C$15.50 and set an “outperform” rating for the company in a report on Wednesday, April 16th. Canaccord Genuity Group upgraded shares of Lundin Mining from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 16th. Finally, Stifel Nicolaus decreased their target price on Lundin Mining from C$17.50 to C$16.00 and set a “buy” rating for the company in a research note on Thursday, January 30th. Five analysts have rated the stock with a hold rating, seven have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of C$16.02.

Lundin Mining Price Performance

LUN opened at C$12.05 on Friday. The company has a debt-to-equity ratio of 41.58, a quick ratio of 0.90 and a current ratio of 1.40. The company has a market capitalization of C$7.36 billion, a P/E ratio of 23.91, a PEG ratio of -0.26 and a beta of 1.66. Lundin Mining has a 1-year low of C$8.94 and a 1-year high of C$17.97. The company has a 50-day moving average of C$11.61 and a 200-day moving average of C$12.58.

Insider Buying and Selling

In related news, Director Adam Ian Lundin purchased 150,000 shares of the stock in a transaction dated Thursday, April 3rd. The shares were acquired at an average cost of C$10.82 per share, for a total transaction of C$1,623,000.00. Also, insider Nemesia S.a.r.l. acquired 2,000,000 shares of the business’s stock in a transaction that occurred on Thursday, April 3rd. The shares were purchased at an average price of C$11.35 per share, with a total value of C$22,700,000.00. Insiders own 15.70% of the company’s stock.

Lundin Mining Company Profile

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.