Analysts Set Expectations for Lundin Mining FY2025 Earnings

Lundin Mining Co. (TSE:LUN) – Investment analysts at Raymond James upped their FY2025 earnings per share estimates for shares of Lundin Mining in a report released on Tuesday, March 4th. Raymond James analyst F. Hamed now forecasts that the mining company will post earnings of $0.57 per share for the year, up from their previous estimate of $0.54. Raymond James currently has a “Market Perform” rating and a $14.00 price target on the stock.

Other equities analysts have also recently issued reports about the stock. UBS Group cut their target price on shares of Lundin Mining from C$17.00 to C$15.50 in a research note on Tuesday, January 7th. Scotiabank lowered shares of Lundin Mining from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 15th. Stifel Nicolaus dropped their target price on Lundin Mining from C$17.50 to C$16.00 and set a “buy” rating for the company in a report on Thursday, January 30th. Finally, Jefferies Financial Group cut their price objective on Lundin Mining from C$20.00 to C$16.00 in a report on Monday, January 6th. Seven research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of C$17.19.

Lundin Mining Stock Up 6.4 %

Shares of LUN stock opened at C$12.09 on Thursday. The stock has a 50 day moving average of C$12.16 and a 200-day moving average of C$13.04. The firm has a market cap of C$7.39 billion, a PE ratio of 23.99, a price-to-earnings-growth ratio of -0.26 and a beta of 1.66. The company has a quick ratio of 0.90, a current ratio of 1.40 and a debt-to-equity ratio of 41.58. Lundin Mining has a 12 month low of C$10.92 and a 12 month high of C$17.97.

About Lundin Mining

Lundin Mining Corp is a diversified Canadian base metals mining company with operations in Brazil Chile Portugal Sweden and the United States of America producing copper zinc gold and nickel. Its material mineral properties include Candelaria Chapada Eagle and Neves-Corvo.