Brokers Set Expectations for Lundin Mining FY2025 Earnings

Lundin Mining Co. (OTCMKTS:LUNMF) – Equities research analysts at Desjardins lifted their FY2025 earnings per share estimates for Lundin Mining in a research note issued on Thursday, May 8th. Desjardins analyst B. Adams now forecasts that the basic materials company will post earnings of $0.46 per share for the year, up from their prior forecast of $0.35. Desjardins currently has a “Moderate Buy” rating on the stock. The consensus estimate for Lundin Mining’s current full-year earnings is $0.53 per share.

LUNMF has been the subject of a number of other reports. UBS Group lowered shares of Lundin Mining from a “strong-buy” rating to a “hold” rating in a report on Friday, May 2nd. Canaccord Genuity Group raised shares of Lundin Mining from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 16th. TD Securities raised Lundin Mining from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 15th. Scotiabank reiterated an “outperform” rating on shares of Lundin Mining in a research note on Monday, May 5th. Finally, Stifel Canada upgraded Lundin Mining to a “strong-buy” rating in a research note on Wednesday, March 19th. One research analyst has rated the stock with a hold rating, one has given a buy rating and four have issued a strong buy rating to the stock. According to data from MarketBeat.com, Lundin Mining currently has a consensus rating of “Strong Buy”.

Lundin Mining Trading Up 2.2%

LUNMF opened at $9.09 on Monday. The firm’s 50 day moving average is $8.22 and its 200-day moving average is $8.72. Lundin Mining has a 52-week low of $6.30 and a 52-week high of $13.26. 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 has a market capitalization of $7.82 billion, a P/E ratio of 25.25, a P/E/G ratio of 0.36 and a beta of 1.29.

Lundin Mining (OTCMKTS:LUNMF) last released its quarterly earnings results on Wednesday, May 7th. The basic materials company reported $0.11 EPS for the quarter, hitting the consensus estimate of $0.11. The firm had revenue of $963.90 million for the quarter, compared to analyst estimates of $914.31 million. Lundin Mining had a return on equity of 5.02% and a net margin of 6.63%.

Lundin Mining Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, April 9th. Shareholders of record on Monday, March 24th were paid a dividend of $0.0634 per share. The ex-dividend date of this dividend was Friday, March 21st. This represents a yield of 2.79%. Lundin Mining’s dividend payout ratio (DPR) is -53.85%.

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.