FY2026 EPS Estimates for Lundin Mining Raised by Scotiabank

Lundin Mining Co. (TSE:LUN) – Analysts at Scotiabank upped their FY2026 earnings per share estimates for shares of Lundin Mining in a research report issued on Thursday, March 19th. Scotiabank analyst O. Wowkodaw now expects that the mining company will earn $1.36 per share for the year, up from their previous forecast of $1.33. Scotiabank has a “Outperform” rating and a $31.00 price objective on the stock. Scotiabank also issued estimates for Lundin Mining’s FY2027 earnings at $1.35 EPS.

Lundin Mining (TSE:LUN) last announced its quarterly earnings data on Friday, February 20th. The mining company reported C$0.59 EPS for the quarter. The business had revenue of C$1.51 billion during the quarter. Lundin Mining had a return on equity of 21.95% and a net margin of 33.65%.

LUN has been the topic of a number of other reports. Morgan Stanley raised their price objective on shares of Lundin Mining from C$25.80 to C$29.60 in a report on Tuesday, December 16th. Raymond James Financial lowered their target price on shares of Lundin Mining from C$30.00 to C$27.00 and set a “market perform” rating for the company in a research note on Monday, January 26th. Stifel Nicolaus increased their target price on Lundin Mining from C$26.00 to C$40.00 and gave the company a “buy” rating in a report on Wednesday, February 11th. Jefferies Financial Group raised their price target on Lundin Mining from C$32.00 to C$38.00 in a research note on Monday, January 12th. Finally, The Goldman Sachs Group lifted their price target on Lundin Mining from C$23.90 to C$35.80 in a report on Tuesday, January 13th. Two equities research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of C$35.09.

Lundin Mining Stock Up 8.5%

Shares of Lundin Mining stock opened at C$31.92 on Monday. The company has a quick ratio of 0.90, a current ratio of 1.64 and a debt-to-equity ratio of 9.31. Lundin Mining has a 52-week low of C$8.94 and a 52-week high of C$45.74. The company has a market capitalization of C$27.28 billion, a P/E ratio of 21.42, a P/E/G ratio of -0.26 and a beta of 2.01. The company has a 50 day moving average of C$35.85 and a 200 day moving average of C$28.07.

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.