Brokers Issue Forecasts for Lundin Mining Q4 Earnings

Lundin Mining Co. (OTCMKTS:LUNMF) – Equities researchers at Ventum Cap Mkts issued their Q4 2024 EPS estimates for Lundin Mining in a report issued on Thursday, November 21st. Ventum Cap Mkts analyst C. Mackay forecasts that the basic materials company will earn $0.22 per share 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 posted its quarterly earnings data on Wednesday, November 6th. The basic materials company reported $0.09 EPS for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.09). Lundin Mining had a return on equity of 5.02% and a net margin of 6.63%. The firm had revenue of $1.07 billion during the quarter, compared to analyst estimates of $1.10 billion.

Lundin Mining Price Performance

LUNMF opened at $10.24 on Monday. The firm has a market capitalization of $7.96 billion, a P/E ratio of 28.33, a PEG ratio of 0.36 and a beta of 1.50. The stock has a fifty day moving average of $10.13 and a 200-day moving average of $10.46. The company has a quick ratio of 0.96, a current ratio of 1.40 and a debt-to-equity ratio of 0.28. Lundin Mining has a 12-month low of $6.51 and a 12-month high of $13.26.

Lundin Mining Cuts Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, December 11th. Shareholders of record on Monday, December 2nd will be paid a dividend of $0.0647 per share. The ex-dividend date is Friday, November 29th. This represents a yield of 2.56%. Lundin Mining’s dividend payout ratio (DPR) is presently 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.