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Cormark Issues Optimistic Outlook for Lundin Mining Earnings

Lundin Mining logo with Basic Materials background

Lundin Mining Co. (TSE:LUN - Free Report) - Stock analysts at Cormark upped their Q3 2025 earnings estimates for shares of Lundin Mining in a research report issued to clients and investors on Tuesday, May 6th. Cormark analyst S. Ioannou now anticipates that the mining company will earn $0.22 per share for the quarter, up from their previous estimate of $0.21. Cormark also issued estimates for Lundin Mining's Q4 2025 earnings at $0.22 EPS.

Other equities research analysts have also recently issued reports about the company. UBS Group cut Lundin Mining from a "buy" rating to a "neutral" rating and reduced their price objective for the company from C$13.50 to C$13.00 in a research report on Friday, May 2nd. Desjardins upgraded shares of Lundin Mining to a "moderate buy" rating in a report on Thursday, April 3rd. Stifel Nicolaus reduced their target price on shares of Lundin Mining from C$17.50 to C$16.00 and set a "buy" rating for the company in a research note on Thursday, January 30th. Scotiabank boosted their price target on Lundin Mining from C$13.00 to C$14.00 and gave the company an "outperform" rating in a research note on Monday, May 5th. Finally, The Goldman Sachs Group set a C$16.60 price objective on Lundin Mining and gave the stock a "buy" rating in a research report on Thursday, March 6th. Five analysts have rated the stock with a hold rating, eight have issued a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, Lundin Mining currently has a consensus rating of "Moderate Buy" and a consensus price target of C$15.88.

Check Out Our Latest Analysis on LUN

Lundin Mining Stock Performance

Shares of Lundin Mining stock traded up C$0.26 during trading on Thursday, reaching C$11.93. The company's stock had a trading volume of 1,773,210 shares, compared to its average volume of 2,687,297. Lundin Mining has a one year low of C$8.94 and a one year high of C$17.97. The company has a debt-to-equity ratio of 41.58, a quick ratio of 0.90 and a current ratio of 1.40. The firm has a market cap of C$7.29 billion, a price-to-earnings ratio of 23.68, a price-to-earnings-growth ratio of -0.26 and a beta of 1.66. The business's fifty day moving average price is C$11.58 and its 200-day moving average price is C$12.39.

Insider Activity at Lundin Mining

In related news, Director Adam Ian Lundin purchased 150,000 shares of the business's stock in a transaction dated Thursday, April 3rd. The shares were bought at an average price of C$10.82 per share, with a total value of C$1,623,000.00. Also, insider Nemesia S.a.r.l. acquired 2,000,000 shares of the company's stock in a transaction that occurred on Thursday, April 3rd. The stock was bought at an average price of C$11.35 per share, with a total value of C$22,700,000.00. 15.70% of the stock is owned by company insiders.

About Lundin Mining

(Get Free Report)

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.

Further Reading

Earnings History and Estimates for Lundin Mining (TSE:LUN)

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