Cormark Issues Optimistic Outlook for Lundin Mining Earnings

Lundin Mining Co. (OTCMKTS:LUNMF - Free Report) - Equities research analysts at Cormark lifted their Q1 2026 earnings per share estimates for shares of Lundin Mining in a note issued to investors on Tuesday, May 27th. Cormark analyst S. Ioannou now expects that the basic materials company will post earnings of $0.23 per share for the quarter, up from their previous estimate of $0.19. The consensus estimate for Lundin Mining's current full-year earnings is $0.53 per share. Cormark also issued estimates for Lundin Mining's Q2 2026 earnings at $0.23 EPS, Q3 2026 earnings at $0.23 EPS and Q4 2026 earnings at $0.23 EPS.

Several other research analysts have also recently issued reports on the stock. Desjardins raised shares of Lundin Mining to a "moderate buy" rating in a report on Thursday, April 3rd. Canaccord Genuity Group upgraded Lundin Mining from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, April 16th. TD Securities upgraded Lundin Mining from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, April 15th. Scotiabank reiterated an "outperform" rating on shares of Lundin Mining in a research report on Monday, May 5th. Finally, UBS Group downgraded Lundin Mining from a "strong-buy" rating to a "hold" rating in a report on Friday, May 2nd. One investment analyst has rated the stock with a hold rating, one has assigned a buy rating and four have given a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Strong Buy".

Lundin Mining Stock Performance

LUNMF stock traded down $0.13 during trading on Wednesday, reaching $9.41. The company had a trading volume of 145,083 shares, compared to its average volume of 294,855. The company has a market cap of $8.06 billion, a price-to-earnings ratio of 26.14, a price-to-earnings-growth ratio of 0.36 and a beta of 1.29. Lundin Mining has a twelve month low of $6.30 and a twelve month high of $12.21. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.96 and a current ratio of 1.40. The firm has a 50-day simple moving average of $8.31 and a 200-day simple moving average of $8.66.

Lundin Mining (OTCMKTS:LUNMF - Get Free Report) last issued its quarterly earnings results on Wednesday, May 7th. The basic materials company reported $0.11 earnings per share for the quarter, hitting the consensus estimate of $0.11. Lundin Mining had a return on equity of 5.02% and a net margin of 6.63%. The business had revenue of $963.90 million during the quarter, compared to the consensus estimate of $914.31 million.

Lundin Mining Cuts Dividend

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

About Lundin Mining

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.