Ventum Cap Mkts Estimates Lundin Mining Q4 Earnings

Lundin Mining Co. (OTCMKTS:LUNMF) – Research analysts at Ventum Cap Mkts issued their Q4 2024 earnings per share (EPS) estimates for shares of Lundin Mining in a note issued to investors on Thursday, November 21st. Ventum Cap Mkts analyst C. Mackay forecasts that the basic materials company will post earnings per share of $0.22 for the quarter. The consensus estimate for Lundin Mining’s current full-year earnings is $0.58 per share. Ventum Cap Mkts also issued estimates for Lundin Mining’s Q1 2025 earnings at $0.12 EPS, Q2 2025 earnings at $0.12 EPS and Q3 2025 earnings at $0.12 EPS.

Lundin Mining (OTCMKTS:LUNMF) last issued its quarterly earnings results on Wednesday, November 6th. The basic materials company reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.09). Lundin Mining had a net margin of 6.63% and a return on equity of 5.02%. The firm had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1.10 billion.

Lundin Mining Stock Performance

Shares of OTCMKTS LUNMF opened at $10.24 on Monday. The company has a quick ratio of 0.96, a current ratio of 1.40 and a debt-to-equity ratio of 0.28. The firm’s 50-day moving average price is $10.13 and its two-hundred day moving average price is $10.46. Lundin Mining has a 52-week low of $6.51 and a 52-week high of $13.26. The stock has a market capitalization of $7.96 billion, a P/E ratio of 28.33, a P/E/G ratio of 0.36 and a beta of 1.50.

Lundin Mining Cuts Dividend

The company also recently declared a dividend, which will be paid on Wednesday, December 11th. Shareholders of record on Monday, December 2nd will be paid a $0.0647 dividend. The ex-dividend date of this dividend is Friday, November 29th. This represents a dividend yield of 2.56%. Lundin Mining’s payout ratio is currently 72.22%.

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.