Cormark Has Bullish Forecast for Lundin Mining Q1 Earnings

Lundin Mining Co. (OTCMKTS:LUNMF - Free Report) - Cormark increased their Q1 2026 earnings estimates for Lundin Mining in a report issued on Tuesday, May 27th. Cormark analyst S. Ioannou now forecasts 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.

LUNMF has been the topic of a number of other reports. Stifel Canada upgraded Lundin Mining to a "strong-buy" rating in a research report on Wednesday, March 19th. TD Securities raised Lundin Mining from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, April 15th. Canaccord Genuity Group upgraded Lundin Mining from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, April 16th. Desjardins upgraded shares of Lundin Mining to a "moderate buy" rating in a research report on Thursday, April 3rd. Finally, UBS Group lowered shares of Lundin Mining from a "strong-buy" rating to a "hold" rating in a report on Friday, May 2nd. One research 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. According to data from MarketBeat, the stock presently has a consensus rating of "Strong Buy".

Lundin Mining Price Performance

Shares of LUNMF stock traded down $0.13 on Wednesday, reaching $9.41. The company's stock had a trading volume of 145,083 shares, compared to its average volume of 294,855. The stock's fifty day simple moving average is $8.31 and its 200-day simple moving average is $8.65. Lundin Mining has a 1 year low of $6.30 and a 1 year high of $12.21. The company has a market capitalization 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. The company has a current ratio of 1.40, a quick ratio of 0.96 and a debt-to-equity ratio of 0.28.

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

Lundin Mining Cuts Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, June 25th. Shareholders of record on Friday, June 6th will be paid a $0.0198 dividend. The ex-dividend date is Thursday, June 5th. This represents a yield of 0.84%. Lundin Mining's payout ratio is -53.85%.

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.