Brokers Issue Forecasts for Lundin Mining FY2026 Earnings

Lundin Mining Corp. (OTCMKTS:LUNMF - Free Report) - Analysts at Desjardins lowered their FY2026 earnings estimates for Lundin Mining in a research note issued on Friday, August 8th. Desjardins analyst B. Adams now forecasts that the basic materials company will post earnings of $0.67 per share for the year, down from their previous forecast of $0.76. The consensus estimate for Lundin Mining's current full-year earnings is $0.53 per share. Desjardins also issued estimates for Lundin Mining's FY2027 earnings at $0.67 EPS.

A number of other brokerages also recently issued reports on LUNMF. BMO Capital Markets raised shares of Lundin Mining from an "outperform" rating to a "strong-buy" rating in a research report on Friday, June 6th. Raymond James Financial raised shares of Lundin Mining to a "hold" rating in a report on Monday, June 30th. Scotiabank reissued an "outperform" rating on shares of Lundin Mining in a report on Monday, May 5th. UBS Group downgraded Lundin Mining from a "strong-buy" rating to a "hold" rating in a research report on Friday, May 2nd. Finally, Dnb Nor Markets upgraded Lundin Mining to a "hold" rating in a research report on Tuesday, June 17th. Three analysts have rated the stock with a hold rating, one has given a buy rating and five have given a strong buy rating to the stock. According to data from MarketBeat.com, Lundin Mining has an average rating of "Buy".

Lundin Mining Trading Up 0.1%

OTCMKTS:LUNMF traded up $0.01 during midday trading on Monday, reaching $11.32. 505 shares of the stock traded hands, compared to its average volume of 317,139. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.53 and a current ratio of 1.88. The company has a fifty day moving average of $10.44 and a 200 day moving average of $9.15. The stock has a market capitalization of $9.69 billion, a P/E ratio of -566.20, a PEG ratio of 0.78 and a beta of 1.35. Lundin Mining has a 12 month low of $6.30 and a 12 month high of $12.00.

Lundin Mining Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, June 25th. Shareholders of record on Friday, June 6th were paid a $0.0198 dividend. This represents a yield of 84.0%. The ex-dividend date was Thursday, June 5th. Lundin Mining's payout ratio is -400.00%.

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.