FY2025 EPS Estimates for Lundin Mining Boosted by Analyst

Lundin Mining Corp. (OTCMKTS:LUNMF - Free Report) - Analysts at Scotiabank boosted their FY2025 EPS estimates for shares of Lundin Mining in a research note issued on Tuesday, July 15th. Scotiabank analyst O. Wowkodaw now expects that the basic materials company will post earnings per share of $0.55 for the year, up from their previous estimate of $0.50. Scotiabank has a "Outperform" rating on the stock. The consensus estimate for Lundin Mining's current full-year earnings is $0.53 per share. Scotiabank also issued estimates for Lundin Mining's FY2026 earnings at $0.55 EPS.

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 for the quarter, meeting the consensus estimate of $0.11. Lundin Mining had a negative net margin of 2.34% and a positive return on equity of 6.24%. The company had revenue of $963.90 million during the quarter, compared to analyst estimates of $914.31 million.

LUNMF has been the topic of a number of other reports. Raymond James Financial upgraded Lundin Mining to a "hold" rating in a research note on Monday, June 30th. Dnb Nor Markets raised shares of Lundin Mining to a "hold" rating in a report on Tuesday, June 17th. TD Securities raised shares of Lundin Mining from a "hold" rating to a "strong-buy" rating in a report on Tuesday, April 15th. Desjardins raised shares of Lundin Mining to a "moderate buy" rating in a report on Thursday, April 3rd. Finally, Canaccord Genuity Group raised shares of Lundin Mining from a "hold" rating to a "strong-buy" rating in a report on Wednesday, April 16th. Three analysts have rated the stock with a hold rating, one has given a buy rating and five have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy".

Lundin Mining Stock Up 0.8%

OTCMKTS LUNMF traded up $0.08 during mid-day trading on Friday, hitting $10.09. The company's stock had a trading volume of 9,527 shares, compared to its average volume of 333,995. The company has a current ratio of 1.88, a quick ratio of 1.53 and a debt-to-equity ratio of 0.27. The firm has a market capitalization of $8.64 billion, a price-to-earnings ratio of -77.62, a PEG ratio of 0.79 and a beta of 1.35. The company's 50 day simple moving average is $9.96 and its 200 day simple moving average is $8.89. Lundin Mining has a twelve month low of $6.30 and a twelve month high of $11.50.

Lundin Mining Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, June 25th. Stockholders of record on Friday, June 6th were issued a dividend of $0.0198 per share. This represents a dividend yield of 0.84%. The ex-dividend date was Thursday, June 5th. Lundin Mining's payout ratio is -61.54%.

About Lundin Mining

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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