Free Trial

FY2025 EPS Estimates for Lundin Mining Lifted by Scotiabank

Lundin Mining logo with Basic Materials background

Lundin Mining Co. (TSE:LUN - Free Report) - Investment analysts at Scotiabank boosted their FY2025 earnings per share estimates for shares of Lundin Mining in a note issued to investors on Tuesday, July 15th. Scotiabank analyst O. Wowkodaw now forecasts that the mining company will earn $0.76 per share for the year, up from their previous forecast of $0.68. Scotiabank also issued estimates for Lundin Mining's FY2025 earnings at $0.76 EPS.

Several other equities research analysts also recently weighed in on LUN. BMO Capital Markets upgraded Lundin Mining to a "strong-buy" rating in a report on Friday, June 6th. TD Securities upgraded Lundin Mining from a "hold" rating to a "buy" rating and set a C$13.00 price target on the stock in a report on Tuesday, April 15th. JPMorgan Chase & Co. downgraded Lundin Mining from an "overweight" rating to a "neutral" rating and upped their price target for the stock from C$15.30 to C$15.60 in a report on Thursday, July 10th. Raymond James Financial upgraded Lundin Mining to a "hold" rating in a report on Monday, June 30th. Finally, UBS Group cut Lundin Mining from a "buy" rating to a "neutral" rating and lowered their price objective for the stock from C$13.50 to C$13.00 in a research report on Friday, May 2nd. Six research analysts have rated the stock with a hold rating, seven have given a buy rating and three have assigned a strong buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of C$15.76.

View Our Latest Analysis on Lundin Mining

Lundin Mining Stock Up 0.5%

LUN stock traded up C$0.07 during trading on Friday, reaching C$13.76. 55,248 shares of the company traded hands, compared to its average volume of 2,605,957. Lundin Mining has a 12 month low of C$8.94 and a 12 month high of C$15.36. The business has a 50 day simple moving average of C$13.68 and a 200 day simple moving average of C$12.48. The company has a market capitalization of C$8.41 billion, a price-to-earnings ratio of 27.31, a price-to-earnings-growth ratio of -0.26 and a beta of 1.66. The company has a debt-to-equity ratio of 41.58, a quick ratio of 0.90 and a current ratio of 1.40.

Insider Transactions at Lundin Mining

In other news, Director Jack Oliver Lundin purchased 20,000 shares of the firm's stock in a transaction on Thursday, May 22nd. The stock was bought at an average cost of C$12.65 per share, for a total transaction of C$252,934.00. Also, insider Nemesia S.a.r.l. acquired 900,000 shares of the business's stock in a transaction dated Friday, June 13th. The shares were bought at an average cost of C$14.10 per share, with a total value of C$12,690,000.00. 15.70% of the stock is owned by corporate insiders.

Lundin Mining Company Profile

(Get Free Report)

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.

Recommended Stories

Earnings History and Estimates for Lundin Mining (TSE:LUN)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Lundin Mining Right Now?

Before you consider Lundin Mining, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Lundin Mining wasn't on the list.

While Lundin Mining currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

A Beginner's Guide to Investing in Cannabis Cover

Unlock your free copy of MarketBeat's comprehensive guide to pot stock investing and discover which cannabis companies are poised for growth. Plus, you'll get exclusive access to our daily newsletter with expert stock recommendations from Wall Street's top analysts.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

This Strategy Beat the S&P—And Most Investors Ignore It
NVDA Greenlight: China Sales Spark 50% Rally Potential
Time to Cash Out? 5 Stocks to Drop Before Earnings

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines