FY2026 EPS Estimates for Lundin Mining Raised by Scotiabank

Lundin Mining Corp. (OTCMKTS:LUNMF) – Equities research analysts at Scotiabank boosted their FY2026 earnings per share estimates for shares of Lundin Mining in a report released on Tuesday, October 13th. Scotiabank analyst O. Wowkodaw now anticipates that the basic materials company will post earnings per share of $1.23 for the year, up from their prior estimate of $1.15. Scotiabank has an “Outperform” rating on the stock. The consensus estimate for Lundin Mining’s current full-year earnings is $1.28 per share. Scotiabank also issued estimates for Lundin Mining’s FY2027 earnings at $1.36 EPS.

A number of other equities research analysts have also issued reports on LUNMF. Citigroup reaffirmed a “positive” rating on shares of Lundin Mining in a report on Wednesday, July 15th. Canaccord Genuity Group downgraded shares of Lundin Mining from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 6th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Lundin Mining in a research report on Thursday, July 2nd. Dnb Carnegie raised shares of Lundin Mining to a “hold” rating in a research note on Friday, July 3rd. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Lundin Mining in a research note on Thursday, June 18th. Four investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat, Lundin Mining currently has an average rating of “Hold”.

Lundin Mining Stock Down 5.7%

Shares of LUNMF opened at $22.99 on Thursday. The business’s 50 day moving average is $25.36 and its 200 day moving average is $26.10. The company has a current ratio of 1.60, a quick ratio of 1.05 and a debt-to-equity ratio of 0.02. Lundin Mining has a 12-month low of $13.97 and a 12-month high of $33.29. The company has a market capitalization of $19.57 billion, a PE ratio of 13.29, a price-to-earnings-growth ratio of 1.29 and a beta of 1.27.

Lundin Mining (OTCMKTS:LUNMF) last issued its quarterly earnings results on Wednesday, August 5th. The basic materials company reported $0.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.04). Lundin Mining had a return on equity of 13.18% and a net margin of 31.82%. The business had revenue of $1.21 billion during the quarter, compared to analysts’ expectations of $1.19 billion.

About Lundin Mining

Lundin Mining Corporation is a Canadian base-metals mining company focused primarily on the exploration, development and operation of copper mines. The company also produces gold, molybdenum, nickel and other byproducts, depending on the ore bodies it operates. Its products are supplied to global markets and support industries such as construction, electrical equipment, transportation and manufacturing.

Lundin Mining’s principal assets include the Candelaria copper, gold and silver complex and the Caserones copper-molybdenum mine in Chile, as well as the Eagle nickel-copper mine in Michigan.