FY2026 EPS Estimates for Lundin Mining Reduced by Scotiabank

Key Points

• Scotiabank lowered Lundin Mining’s FY2026 EPS estimate to $1.15 from $1.22, below the broader consensus of $1.28, while maintaining an “Outperform” rating. The bank projects FY2027 EPS of $1.24.
• Analyst sentiment is mixed but leans cautious: four analysts rate the stock a Buy and nine rate it a Hold, giving Lundin Mining a consensus rating of “Hold.”
• Lundin Mining reported quarterly EPS of $0.30, missing the $0.34 consensus estimate, though revenue of $1.21 billion exceeded expectations of $1.19 billion.

Lundin Mining Corp. (OTCMKTS:LUNMF - Free Report) - Research analysts at Scotiabank dropped their FY2026 earnings estimates for shares of Lundin Mining in a research note issued to investors on Wednesday, August 19th. Scotiabank analyst O. Wowkodaw now forecasts that the basic materials company will earn $1.15 per share for the year, down from their previous estimate of $1.22. Scotiabank has a "Outperform" rating on the stock. The consensus estimate for Lundin Mining's current full-year earnings is $1.28 per share. Scotiabank also issued estimates for Lundin Mining's FY2027 earnings at $1.24 EPS.

A number of other research analysts also recently issued reports on LUNMF. Royal Bank Of Canada restated a "sector perform" rating on shares of Lundin Mining in a research report on Thursday, June 18th. Citigroup reaffirmed a "positive" rating on shares of Lundin Mining in a research report on Wednesday, July 15th. Dnb Carnegie upgraded Lundin Mining to a "hold" rating in a research note on Friday, July 3rd. Deutsche Bank Aktiengesellschaft reissued a "hold" rating on shares of Lundin Mining in a report on Thursday, July 2nd. Finally, Canaccord Genuity Group downgraded Lundin Mining from a "strong-buy" rating to a "hold" rating in a research note on Thursday, August 6th. Four analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Hold".

Lundin Mining Price Performance

OTCMKTS:LUNMF opened at $27.67 on Monday. The firm has a market capitalization of $23.62 billion, a P/E ratio of 15.99, a PEG ratio of 1.08 and a beta of 1.26. Lundin Mining has a 1-year low of $10.97 and a 1-year high of $33.29. The company's fifty day moving average price is $25.36 and its 200-day moving average price is $26.42. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.81 and a quick ratio of 1.29.

Lundin Mining (OTCMKTS:LUNMF - Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The basic materials company reported $0.30 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.34 by ($0.04). The business had revenue of $1.21 billion for the quarter, compared to analysts' expectations of $1.19 billion. Lundin Mining had a return on equity of 13.41% and a net margin of 31.82%.

Lundin Mining Company Profile

Lundin Mining Corporation is a Canada-based diversified base metals mining company engaged in the acquisition, exploration, development, and operation of mines. The company's portfolio encompasses copper, nickel, zinc, and lead, with by-products including gold and silver. Through its technical expertise and focus on cost-effective operations, Lundin Mining aims to maximize long-term value while meeting industry standards for safety and environmental stewardship.

Operationally, Lundin Mining holds interests in several producing assets across the Americas and Europe.

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