Cormark Issues Negative Forecast for Lundin Mining Earnings

Lundin Mining Co. (TSE:LUN) – Investment analysts at Cormark reduced their Q1 2025 earnings per share estimates for Lundin Mining in a report released on Tuesday, January 21st. Cormark analyst S. Ioannou now anticipates that the mining company will earn $0.26 per share for the quarter, down from their prior estimate of $0.33. Cormark also issued estimates for Lundin Mining’s Q2 2025 earnings at $0.26 EPS, Q3 2025 earnings at $0.26 EPS, Q4 2025 earnings at $0.26 EPS and FY2026 earnings at $1.47 EPS.

Other equities research analysts also recently issued research reports about the stock. Raymond James dropped their target price on shares of Lundin Mining from C$15.00 to C$14.00 and set a “market perform” rating for the company in a research report on Thursday, January 16th. Scotiabank lowered Lundin Mining from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 15th. Jefferies Financial Group reduced their target price on Lundin Mining from C$20.00 to C$16.00 in a report on Monday, January 6th. UBS Group lowered their price target on Lundin Mining from C$17.00 to C$15.50 in a report on Tuesday, January 7th. Finally, Ventum Financial raised their price objective on Lundin Mining from C$18.50 to C$19.00 in a research note on Friday, October 18th. Seven analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of C$17.31.

Lundin Mining Trading Up 1.1 %

LUN opened at C$12.22 on Wednesday. Lundin Mining has a 12-month low of C$10.56 and a 12-month high of C$17.97. The company has a debt-to-equity ratio of 24.64, a current ratio of 1.49 and a quick ratio of 0.90. The stock has a market capitalization of C$9.49 billion, a PE ratio of 43.64, a P/E/G ratio of -0.26 and a beta of 1.66. The firm’s fifty day moving average price is C$13.00 and its 200 day moving average price is C$13.53.

Lundin Mining (TSE:LUN) last announced its earnings results on Wednesday, November 6th. The mining company reported C$0.12 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.24 by C($0.12). Lundin Mining had a net margin of 4.21% and a return on equity of 5.04%. The business had revenue of C$1.46 billion during the quarter, compared to analyst estimates of C$1.49 billion.

Lundin Mining Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 11th. Stockholders of record on Friday, November 29th were issued a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a dividend yield of 2.95%. The ex-dividend date of this dividend was Friday, November 29th. Lundin Mining’s dividend payout ratio (DPR) is 128.57%.

About Lundin Mining

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.