Desjardins Increases Earnings Estimates for Lundin Mining

Key Points

• Desjardins has increased its earnings per share (EPS) estimate for Lundin Mining to $0.45 for FY2025, up from $0.42, with FY2026 estimates placed at $0.91 EPS.
• Several analysts have varied ratings on Lundin Mining, with the stock currently carrying an average rating of "Buy."
• Lundin Mining recently paid a dividend of $0.02 per share, which reflects a 69.0% dividend yield.

Lundin Mining Corp. (OTCMKTS:LUNMF - Free Report) - Desjardins raised their FY2025 earnings per share (EPS) estimates for Lundin Mining in a note issued to investors on Wednesday, October 1st. Desjardins analyst B. Adams now forecasts that the basic materials company will post earnings per share of $0.45 for the year, up from their prior forecast of $0.42. The consensus estimate for Lundin Mining's current full-year earnings is $0.53 per share. Desjardins also issued estimates for Lundin Mining's FY2026 earnings at $0.91 EPS.

A number of other analysts have also issued reports on LUNMF. TD Securities reaffirmed a "buy" rating on shares of Lundin Mining in a research note on Wednesday, September 10th. Dnb Nor Markets raised Lundin Mining to a "hold" rating in a research report on Tuesday, June 17th. Raymond James Financial raised Lundin Mining to a "hold" rating in a research report on Monday, June 30th. Finally, Haywood Securities lowered Lundin Mining from a "strong-buy" rating to a "hold" rating in a research note on Friday, September 12th. Four investment analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Buy".

Lundin Mining Trading Up 2.6%

LUNMF stock opened at $15.20 on Monday. Lundin Mining has a twelve month low of $6.30 and a twelve month high of $15.20. The company has a quick ratio of 0.90, a current ratio of 1.45 and a debt-to-equity ratio of 0.06. The firm's fifty day simple moving average is $11.86 and its two-hundred day simple moving average is $10.12. The stock has a market capitalization of $13.02 billion, a price-to-earnings ratio of -760.00, a price-to-earnings-growth ratio of 0.70 and a beta of 1.37.

Lundin Mining Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, September 24th. Stockholders of record on Monday, September 8th were paid a dividend of $0.02 per share. The ex-dividend date was Friday, September 5th. This is an increase from Lundin Mining's previous dividend of $0.02. This represents a dividend yield of 69.0%. Lundin Mining's payout ratio is presently -400.00%.

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.

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