Lundin Mining (OTCMKTS:LUNMF) Shares Gap Up – Here’s What Happened

Posted by Jessica Moore on Jan 29th, 2026

Shares of Lundin Mining Corp. (OTCMKTS:LUNMF – Get Free Report) gapped up before the market opened on Thursday . The stock had previously closed at $26.71, but opened at $28.24. Lundin Mining shares last traded at $26.52, with a volume of 48,941 shares.

Analyst Upgrades and Downgrades

Several analysts have commented on LUNMF shares. Scotiabank reiterated an “outperform” rating on shares of Lundin Mining in a research note on Monday. Raymond James Financial restated a “market perform” rating on shares of Lundin Mining in a research report on Wednesday, January 14th. CIBC reiterated a “neutral” rating on shares of Lundin Mining in a research note on Friday, December 12th. Citigroup assumed coverage on shares of Lundin Mining in a report on Monday, December 15th. They set a “buy” rating on the stock. Finally, Wall Street Zen cut Lundin Mining from a “buy” rating to a “hold” rating in a report on Monday, November 3rd. Four investment analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

View Our Latest Report on Lundin Mining

Lundin Mining Trading Up 3.4%

The company has a current ratio of 1.51, a quick ratio of 0.96 and a debt-to-equity ratio of 0.05. The stock has a market cap of $23.59 billion, a PE ratio of 690.25, a price-to-earnings-growth ratio of 0.56 and a beta of 1.23. The business has a 50 day moving average of $21.46 and a 200-day moving average of $16.11.

Lundin Mining Company Profile

(Get Free Report)

Lundin Mining Corporation is a Canada-based diversified base metals mining company engaged in the acquisition, exploration, development, and operation of mines. The company’s portfolio encompasses copper, nickel, zinc, and lead, with by-products including gold and silver. Through its technical expertise and focus on cost-effective operations, Lundin Mining aims to maximize long-term value while meeting industry standards for safety and environmental stewardship.

Operationally, Lundin Mining holds interests in several producing assets across the Americas and Europe.