FY2027 EPS Estimates for Lundin Mining Boosted by Analyst

Lundin Mining Corp. (OTCMKTS:LUNMF) – Equities researchers at Scotiabank raised their FY2027 earnings estimates for shares of Lundin Mining in a report issued on Thursday, February 19th. Scotiabank analyst O. Wowkodaw now forecasts that the basic materials company will post earnings per share of $0.96 for the year, up from their previous forecast of $0.95. Scotiabank has a “Outperform” rating on the stock. The consensus estimate for Lundin Mining’s current full-year earnings is $0.53 per share.

Several other analysts also recently weighed in on LUNMF. Raymond James Financial reaffirmed a “market perform” rating on shares of Lundin Mining in a research note on Wednesday, January 14th. Canadian Imperial Bank of Commerce restated a “neutral” rating on shares of Lundin Mining in a research note on Wednesday, February 4th. Cormark raised shares of Lundin Mining from a “hold” rating to a “moderate buy” rating in a report on Monday, December 22nd. Wall Street Zen cut shares of Lundin Mining from a “buy” rating to a “hold” rating in a research note on Monday, November 3rd. Finally, Citigroup restated a “buy” rating on shares of Lundin Mining in a research report on Wednesday, February 11th. Four equities research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Lundin Mining Stock Performance

Shares of OTCMKTS LUNMF opened at $30.41 on Monday. Lundin Mining has a 12-month low of $6.30 and a 12-month high of $30.53. The company has a market cap of $25.98 billion, a PE ratio of 20.27, a P/E/G ratio of 0.59 and a beta of 1.24. The stock has a 50 day simple moving average of $24.10 and a 200-day simple moving average of $18.14. The company has a current ratio of 1.51, a quick ratio of 0.96 and a debt-to-equity ratio of 0.05.

Lundin Mining (OTCMKTS:LUNMF) last posted its earnings results on Thursday, February 19th. The basic materials company reported $0.42 EPS for the quarter, topping the consensus estimate of $0.30 by $0.12. The firm had revenue of $1.30 billion during the quarter, compared to analysts’ expectations of $1.18 billion. Lundin Mining had a net margin of 30.48% and a return on equity of 10.45%.

Lundin Mining Company Profile

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.