FY2026 EPS Estimate for Lundin Mining Increased by Analyst

Key Points

• Scotiabank raised Lundin Mining’s FY2026 EPS forecast to C$1.76 from C$1.59 and projected FY2027 EPS of C$1.94.
• Lundin Mining recently reported quarterly EPS of C$0.43 on revenue of C$1.72 billion, with a 22.97% return on equity and 35.11% net margin.
• Analyst sentiment remains positive overall, with eight Buy ratings, five Holds and one Sell; the consensus rating is “Moderate Buy” with an average target price of C$39.71.

Lundin Mining Co. (TSE:LUN - Free Report) - Investment analysts at Scotiabank increased their FY2026 EPS estimates for shares of Lundin Mining in a research note issued on Tuesday, October 13th. Scotiabank analyst O. Wowkodaw now expects that the mining company will post earnings of $1.76 per share for the year, up from their prior forecast of $1.59. Scotiabank also issued estimates for Lundin Mining's FY2027 earnings at $1.94 EPS.

Lundin Mining (TSE:LUN - Get Free Report) last announced its earnings results on Wednesday, August 5th. The mining company reported C$0.43 EPS for the quarter. The company had revenue of C$1.72 billion for the quarter. Lundin Mining had a return on equity of 22.97% and a net margin of 35.11%.

Other research analysts also recently issued reports about the company. Barclays boosted their price objective on Lundin Mining from C$42.00 to C$43.00 in a research note on Thursday, July 16th. TD decreased their target price on shares of Lundin Mining from C$43.00 to C$42.00 and set a "buy" rating on the stock in a research note on Friday, August 7th. Dnb Carnegie raised shares of Lundin Mining to a "hold" rating in a report on Friday, July 3rd. Canaccord Genuity Group lowered shares of Lundin Mining from a "strong-buy" rating to a "hold" rating in a research report on Thursday, August 6th. Finally, ATB Cormark Capital Markets dropped their price target on shares of Lundin Mining from C$42.50 to C$41.50 and set an "outperform" rating for the company in a research report on Monday, August 24th. Eight equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of C$39.71.

Lundin Mining Stock Performance

TSE:LUN opened at C$32.72 on Thursday. The stock has a 50-day simple moving average of C$35.46 and a two-hundred day simple moving average of C$36.40. The company has a debt-to-equity ratio of 2.88, a quick ratio of 0.90 and a current ratio of 1.60. Lundin Mining has a 52-week low of C$20.09 and a 52-week high of C$45.74. The firm has a market capitalization of C$27.86 billion, a PE ratio of 18.70, a P/E/G ratio of -0.26 and a beta of 2.36.

Lundin Mining Company Profile

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.

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