FY2025 EPS Forecast for Lundin Mining Increased by Analyst

Lundin Mining Corp. (OTCMKTS:LUNMF) – Equities research analysts at Scotiabank increased their FY2025 earnings per share estimates for shares of Lundin Mining in a research report issued to clients and investors on Tuesday, July 15th. Scotiabank analyst O. Wowkodaw now forecasts that the basic materials company will earn $0.55 per share for the year, up from their prior estimate of $0.50. Scotiabank has a “Outperform” rating on the stock. The consensus estimate for Lundin Mining’s current full-year earnings is $0.53 per share. Scotiabank also issued estimates for Lundin Mining’s FY2026 earnings at $0.55 EPS.

Lundin Mining (OTCMKTS:LUNMF) last released its earnings results on Wednesday, May 7th. The basic materials company reported $0.11 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.11. The firm had revenue of $963.90 million during the quarter, compared to analysts’ expectations of $914.31 million. Lundin Mining had a positive return on equity of 6.24% and a negative net margin of 2.34%.

LUNMF has been the subject of a number of other research reports. Dnb Nor Markets upgraded Lundin Mining to a “hold” rating in a report on Tuesday, June 17th. 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. Raymond James Financial upgraded shares of Lundin Mining to a “hold” rating in a research note on Monday, June 30th. Desjardins upgraded shares of Lundin Mining to a “moderate buy” rating in a research note on Thursday, April 3rd. Finally, BMO Capital Markets upgraded shares of Lundin Mining from an “outperform” rating to a “strong-buy” rating in a research note on Friday, June 6th. Three equities research analysts have rated the stock with a hold rating, one has given a buy rating and five have given a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy”.

Lundin Mining Price Performance

LUNMF stock opened at $9.97 on Friday. The stock has a 50-day moving average price of $9.99 and a two-hundred day moving average price of $8.90. The stock has a market cap of $8.53 billion, a PE ratio of -76.69, a price-to-earnings-growth ratio of 0.79 and a beta of 1.35. The company has a current ratio of 1.88, a quick ratio of 1.53 and a debt-to-equity ratio of 0.27. Lundin Mining has a 1 year low of $6.30 and a 1 year high of $11.50.

Lundin Mining Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, June 25th. Investors of record on Friday, June 6th were paid a $0.0198 dividend. The ex-dividend date was Thursday, June 5th. This represents a yield of 0.84%. Lundin Mining’s dividend payout ratio (DPR) is currently -61.54%.

Lundin Mining Company Profile

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.