Stifel Canada Forecasts Higher Earnings for Lundin Mining

Lundin Mining Co. (TSE:LUN - Free Report) - Research analysts at Stifel Canada raised their FY2025 earnings per share (EPS) estimates for shares of Lundin Mining in a report issued on Wednesday, June 18th. Stifel Canada analyst R. Profiti now expects that the mining company will earn $0.53 per share for the year, up from their previous forecast of $0.42. Stifel Canada currently has a "Strong-Buy" rating on the stock. Stifel Canada also issued estimates for Lundin Mining's Q4 2025 earnings at $0.14 EPS, Q1 2026 earnings at $0.14 EPS, Q2 2026 earnings at $0.14 EPS, Q3 2026 earnings at $0.14 EPS and Q4 2026 earnings at $0.14 EPS.

Other equities research analysts have also issued research reports about the company. Morgan Stanley cut their price target on Lundin Mining from C$14.80 to C$12.00 in a research note on Wednesday, April 9th. National Bankshares cut their price target on Lundin Mining from C$17.50 to C$15.50 and set an "outperform" rating for the company in a research note on Wednesday, April 16th. UBS Group lowered Lundin Mining from a "buy" rating to a "neutral" rating and cut their price target for the stock from C$13.50 to C$13.00 in a research note on Friday, May 2nd. Canaccord Genuity Group upgraded Lundin Mining from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, April 16th. Finally, TD Securities upgraded Lundin Mining from a "hold" rating to a "buy" rating and set a C$13.00 price target for the company in a research note on Tuesday, April 15th. Four investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and three have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of C$15.85.

Lundin Mining Stock Performance

Shares of TSE:LUN traded up C$0.07 during midday trading on Monday, hitting C$13.73. The company had a trading volume of 1,601,449 shares, compared to its average volume of 2,667,621. The company has a debt-to-equity ratio of 41.58, a current ratio of 1.40 and a quick ratio of 0.90. The company has a market cap of C$8.39 billion, a price-to-earnings ratio of 27.25, a PEG ratio of -0.26 and a beta of 1.66. Lundin Mining has a 12-month low of C$8.94 and a 12-month high of C$16.31. The company has a fifty day moving average of C$12.64 and a two-hundred day moving average of C$12.27.

Insider Activity at Lundin Mining

In other news, insider Nemesia S.a.r.l. acquired 2,000,000 shares of the firm's stock in a transaction on Thursday, April 3rd. The stock was acquired at an average price of C$11.35 per share, with a total value of C$22,700,000.00. Also, Director Jack Oliver Lundin acquired 20,000 shares of the firm's stock in a transaction on Thursday, May 22nd. The stock was purchased at an average cost of C$12.65 per share, with a total value of C$252,934.00. In the last quarter, insiders acquired 3,070,000 shares of company stock valued at $37,265,934. Insiders own 15.70% of the company's stock.

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.