FY2026 EPS Forecast for Lundin Mining Increased by Analyst

Key Points

• Scotiabank raised its FY2026 EPS forecast for Lundin Mining to $1.77 from $1.76 and forecasts $1.89 EPS for FY2027.
• Analyst sentiment is a “Moderate Buy”, with a consensus price target of C$39.81; ratings include one Strong Buy, eight Buys, four Holds and one Sell.
• Lundin Mining reported quarterly EPS of C$0.46 on revenue of C$1.58 billion.

Lundin Mining Co. (TSE:LUN - Free Report) - Equities research analysts at Scotiabank boosted their FY2026 EPS estimates for Lundin Mining in a research report issued to clients and investors on Wednesday, November 11th. Scotiabank analyst O. Wowkodaw now forecasts that the mining company will post earnings of $1.77 per share for the year, up from their prior estimate of $1.76. Scotiabank also issued estimates for Lundin Mining's FY2027 earnings at $1.89 EPS.

LUN has been the subject of a number of other reports. Barclays lifted their price target on shares of Lundin Mining from C$42.00 to C$43.00 in a research report on Thursday, July 16th. Desjardins lowered their price objective on Lundin Mining from C$44.00 to C$42.00 and set a "buy" rating on the stock in a research note on Thursday, August 20th. ATB Cormark Capital Markets lowered their price objective on Lundin Mining from C$42.50 to C$41.50 and set an "outperform" rating on the stock in a research note on Monday, August 24th. TD dropped their price objective on Lundin Mining from C$43.00 to C$42.00 and set a "buy" rating for the company in a report on Friday, August 7th. Finally, Stifel Nicolaus increased their target price on Lundin Mining from C$40.00 to C$42.00 and gave the stock a "buy" rating in a report on Tuesday, October 20th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Lundin Mining has a consensus rating of "Moderate Buy" and a consensus price target of C$39.81.

Lundin Mining Stock Performance

Shares of TSE:LUN opened at C$29.46 on Friday. The company's 50 day moving average price is C$32.97 and its two-hundred day moving average price is C$35.72. Lundin Mining has a 12-month low of C$23.66 and a 12-month high of C$45.74. The firm has a market cap of C$25.08 billion, a PE ratio of 16.10, a PEG ratio of -0.26 and a beta of 2.16. The company has a quick ratio of 0.90, a current ratio of 1.67 and a debt-to-equity ratio of 4.13.

Lundin Mining (TSE:LUN - Get Free Report) last released its quarterly earnings results on Wednesday, November 4th. The mining company reported C$0.46 EPS for the quarter. The business had revenue of C$1.58 billion for the quarter. Lundin Mining had a net margin of 35.54% and a return on equity of 22.98%.

Lundin Mining Company Profile

Lundin Mining is a Canadian mining company headquartered in Vancouver, Canada with three operating mines in Brazil and Chile. We produce metals that underpin global development, supporting infrastructure, electrification, technological innovation, and economic resilience. Our strategic vision is to become a top ten global copper producer. To get there, we are executing a clear growth strategy, which includes advancing one of the world's largest copper, gold, and silver projects in the Vicuna District on the border of Argentina and Chile, where we hold a 50% interest.

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