Lundin Mining Co. Forecasted to Post FY2025 Earnings of $0.61 Per Share (TSE:LUN)

Lundin Mining Co. (TSE:LUN) – Equities research analysts at National Bank Financial reduced their FY2025 earnings estimates for shares of Lundin Mining in a research report issued on Wednesday, July 31st. National Bank Financial analyst S. Nagle now anticipates that the mining company will post earnings of $0.61 per share for the year, down from their previous forecast of $0.83. The consensus estimate for Lundin Mining’s current full-year earnings is $0.79 per share. National Bank Financial also issued estimates for Lundin Mining’s FY2026 earnings at $0.54 EPS.

Several other equities research analysts have also issued reports on the stock. BMO Capital Markets boosted their price target on shares of Lundin Mining from C$16.50 to C$19.50 and gave the company an “outperform” rating in a report on Tuesday, May 21st. Eight Capital lifted their price objective on Lundin Mining from C$16.00 to C$17.50 in a report on Thursday, July 11th. Raymond James raised their target price on Lundin Mining from C$15.00 to C$18.00 in a research report on Thursday, May 23rd. Haywood Securities upgraded Lundin Mining from a “hold” rating to a “buy” rating and set a C$17.00 price target on the stock in a research report on Tuesday. Finally, Canaccord Genuity Group cut their price objective on Lundin Mining from C$17.50 to C$16.50 in a report on Monday, July 22nd. One investment analyst has rated the stock with a sell rating, ten have given a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat, Lundin Mining has a consensus rating of “Hold” and an average price target of C$17.45.

Lundin Mining Stock Down 2.7 %

Shares of LUN opened at C$12.74 on Monday. Lundin Mining has a 52 week low of C$8.18 and a 52 week high of C$17.97. The firm has a market capitalization of C$9.89 billion, a P/E ratio of 67.05, a P/E/G ratio of -0.26 and a beta of 1.82. The company has a 50-day simple moving average of C$14.88 and a 200-day simple moving average of C$14.06. The company has a debt-to-equity ratio of 25.05, a quick ratio of 0.90 and a current ratio of 1.57.

Lundin Mining (TSE:LUN) last released its quarterly earnings results on Tuesday, July 30th. The mining company reported C$0.22 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.25 by C($0.03). Lundin Mining had a net margin of 3.04% and a return on equity of 3.49%. The business had revenue of C$1.48 billion for the quarter, compared to the consensus estimate of C$1.51 billion.

Insider Transactions at Lundin Mining

In other Lundin Mining news, Senior Officer Teitur Nolsoe Poulsen sold 8,834 shares of the firm’s stock in a transaction that occurred on Tuesday, May 21st. The shares were sold at an average price of C$17.64, for a total transaction of C$155,831.76. In other news, Senior Officer Teitur Nolsoe Poulsen sold 8,834 shares of Lundin Mining stock in a transaction on Tuesday, May 21st. The stock was sold at an average price of C$17.64, for a total transaction of C$155,831.76. Also, Senior Officer Annie Laurenson sold 12,500 shares of the stock in a transaction on Wednesday, May 15th. The stock was sold at an average price of C$17.20, for a total value of C$215,000.00. 15.70% of the stock is currently owned by corporate insiders.

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.