Lundin Mining FY2025 EPS Raised by National Bank Financial

Lundin Mining Co. (TSE:LUN - Free Report) - Research analysts at National Bank Financial lifted their FY2025 earnings estimates for Lundin Mining in a report released on Tuesday, July 8th. National Bank Financial analyst S. Nagle now forecasts that the mining company will post earnings per share of $0.68 for the year, up from their previous estimate of $0.67. National Bank Financial also issued estimates for Lundin Mining's FY2026 earnings at $0.97 EPS.

LUN has been the topic of several other reports. TD Securities raised Lundin Mining from a "hold" rating to a "buy" rating and set a C$13.00 target price on the stock 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 report on Wednesday, April 16th. Scotiabank boosted their target price on Lundin Mining from C$14.50 to C$16.00 in a report on Monday, June 16th. UBS Group lowered shares of Lundin Mining from a "buy" rating to a "neutral" rating and cut their price target for the company from C$13.50 to C$13.00 in a report on Friday, May 2nd. Finally, Morgan Stanley dropped their price objective on shares of Lundin Mining from C$14.80 to C$12.00 in a research report on Wednesday, April 9th. Six investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and three have given a strong buy rating to the company's stock. According to MarketBeat.com, Lundin Mining currently has an average rating of "Moderate Buy" and a consensus price target of C$15.86.

Lundin Mining Trading Down 2.8%

TSE:LUN traded down C$0.40 during trading hours on Friday, reaching C$13.85. 3,004,153 shares of the company were exchanged, compared to its average volume of 2,643,315. The firm has a market cap of C$8.46 billion, a price-to-earnings ratio of 27.49, a PEG ratio of -0.26 and a beta of 1.66. The stock has a 50 day simple moving average of C$13.52 and a 200 day simple moving average of C$12.44. Lundin Mining has a 52-week low of C$8.94 and a 52-week high of C$16.20. The company has a debt-to-equity ratio of 41.58, a current ratio of 1.40 and a quick ratio of 0.90.

Insider Transactions at Lundin Mining

In related news, insider Nemesia S.a.r.l. purchased 900,000 shares of the business's stock in a transaction that occurred on Friday, June 13th. The shares were acquired at an average price of C$14.10 per share, with a total value of C$12,690,000.00. Also, Director Jack Oliver Lundin purchased 20,000 shares of the stock in a transaction dated Thursday, May 22nd. The shares were purchased at an average price of C$12.65 per share, with a total value of C$252,934.00. Company insiders own 15.70% of the company's stock.

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.