Analysts Issue Forecasts for Lundin Mining FY2025 Earnings

Key Points

• Desjardins has raised its FY2025 earnings per share estimate for Lundin Mining to $0.62, up from $0.58, while maintaining a "Buy" rating and a target price of $17.00.
• JPMorgan has downgraded Lundin Mining from "overweight" to "neutral," while several other firms have adjusted their target prices, with the consensus target now at C$16.67.
• Lundin Mining shares are currently trading at C$21.16, with a market capitalization of C$18.12 billion, and a volatility indicated by a beta of 1.85.

Lundin Mining Co. (TSE:LUN - Free Report) - Research analysts at Desjardins increased their FY2025 earnings per share estimates for Lundin Mining in a research report issued on Wednesday, October 1st. Desjardins analyst B. Adams now expects that the mining company will post earnings of $0.62 per share for the year, up from their previous estimate of $0.58. Desjardins currently has a "Buy" rating and a $17.00 target price on the stock. Desjardins also issued estimates for Lundin Mining's FY2026 earnings at $1.26 EPS.

LUN has been the topic of several other reports. JPMorgan Chase & Co. downgraded Lundin Mining from an "overweight" rating to a "neutral" rating and upped their target price for the company from C$15.30 to C$15.60 in a research report on Thursday, July 10th. Raymond James Financial increased their target price on shares of Lundin Mining from C$15.00 to C$16.00 in a research note on Thursday, August 21st. TD Securities increased their target price on shares of Lundin Mining from C$18.00 to C$19.00 and gave the stock a "buy" rating in a research note on Wednesday, September 10th. Dnb Nor Markets raised shares of Lundin Mining to a "hold" rating in a research note on Tuesday, June 17th. Finally, Scotiabank boosted their target price on Lundin Mining from C$14.50 to C$16.00 in a report on Monday, June 16th. Three equities research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of C$16.67.

Lundin Mining Trading Up 2.7%

Shares of LUN stock opened at C$21.16 on Monday. The company has a current ratio of 1.40, a quick ratio of 0.90 and a debt-to-equity ratio of 41.58. The stock's 50-day moving average price is C$16.39 and its 200-day moving average price is C$14.00. Lundin Mining has a 12-month low of C$8.94 and a 12-month high of C$21.30. The stock has a market capitalization of C$18.12 billion, a price-to-earnings ratio of -705.33, a price-to-earnings-growth ratio of -0.26 and a beta of 1.85.

Lundin Mining Company Profile

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.

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