Lundin Mining FY2027 EPS Forecast Decreased by Stifel Canada

Lundin Mining Co. (TSE:LUN) – Equities researchers at Stifel Canada decreased their FY2027 earnings per share estimates for shares of Lundin Mining in a research note issued to investors on Sunday, December 15th. Stifel Canada analyst C. Mcgill now anticipates that the mining company will post earnings per share of $0.89 for the year, down from their previous estimate of $1.08.

A number of other equities research analysts have also issued reports on LUN. Royal Bank of Canada lowered their target price on Lundin Mining from C$20.00 to C$16.00 and set a “sector perform” rating for the company in a research note on Tuesday, September 10th. UBS Group boosted their target price on shares of Lundin Mining from C$16.00 to C$17.00 in a research report on Monday, December 9th. Raymond James cut their price objective on shares of Lundin Mining from C$16.00 to C$15.00 in a report on Tuesday, December 10th. Finally, Ventum Financial raised their target price on Lundin Mining from C$18.50 to C$19.00 in a research note on Friday, October 18th. Six research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of C$17.72.

Lundin Mining Stock Performance

TSE:LUN opened at C$11.90 on Tuesday. The firm’s fifty day simple moving average is C$13.87 and its 200 day simple moving average is C$14.03. The company has a current ratio of 1.49, a quick ratio of 0.90 and a debt-to-equity ratio of 24.64. Lundin Mining has a twelve month low of C$9.85 and a twelve month high of C$17.97. The firm has a market capitalization of C$9.24 billion, a price-to-earnings ratio of 42.50, a PEG ratio of -0.26 and a beta of 1.66.

Lundin Mining (TSE:LUN) last posted 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 return on equity of 5.04% and a net margin of 4.21%. The business had revenue of C$1.46 billion for the quarter, compared to analyst estimates of C$1.49 billion.

Lundin Mining Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 11th. Stockholders of record on Friday, November 29th were given a $0.09 dividend. The ex-dividend date was Friday, November 29th. This represents a $0.36 annualized dividend and a dividend yield of 3.03%. Lundin Mining’s payout ratio 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.