Lundin Mining Corp. (OTCMKTS:LUNMF) Receives Consensus Recommendation of "Moderate Buy" from Analysts

Key Points

• Consensus "Moderate Buy": Twelve analysts cover LUNMF, with seven rating it a hold, four a buy and one a strong buy, producing an overall "Moderate Buy" consensus.
• Earnings beat: Lundin reported Q results of $0.42 EPS versus a $0.30 estimate and $1.30 billion in revenue versus $1.18 billion expected, with a net margin of 30.48% and ROE of 10.02%.
• Valuation and balance sheet: The stock trades around $27 (market cap $23.11B) with a P/E of 18.01 and PEG 1.37, a very low debt-to-equity of 0.03, and a 52-week range of $7.76–$33.29.

Shares of Lundin Mining Corp. (OTCMKTS:LUNMF - Get Free Report) have received a consensus recommendation of "Moderate Buy" from the twelve brokerages that are currently covering the stock, MarketBeat Ratings reports. Seven analysts have rated the stock with a hold recommendation, four have assigned a buy recommendation and one has issued a strong buy recommendation on the company.

LUNMF has been the topic of several research reports. TD Securities reaffirmed a "buy" rating on shares of Lundin Mining in a research report on Monday, February 23rd. Citigroup reaffirmed a "buy" rating on shares of Lundin Mining in a research note on Wednesday, February 11th. Canadian Imperial Bank of Commerce reissued a "neutral" rating on shares of Lundin Mining in a research note on Tuesday, April 21st. Deutsche Bank Aktiengesellschaft reissued a "hold" rating on shares of Lundin Mining in a research note on Tuesday, February 24th. Finally, Scotiabank restated an "outperform" rating on shares of Lundin Mining in a report on Tuesday, February 24th.

Lundin Mining Stock Down 0.9%

LUNMF opened at $27.02 on Tuesday. The firm has a market capitalization of $23.11 billion, a P/E ratio of 18.01, a PEG ratio of 1.37 and a beta of 1.30. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.64 and a quick ratio of 1.17. Lundin Mining has a fifty-two week low of $7.76 and a fifty-two week high of $33.29. The company's 50-day moving average is $26.75 and its 200 day moving average is $22.65.

Lundin Mining (OTCMKTS:LUNMF - Get Free Report) last announced its quarterly earnings data on Thursday, February 19th. The basic materials company reported $0.42 EPS for the quarter, topping the consensus estimate of $0.30 by $0.12. The business had revenue of $1.30 billion for the quarter, compared to analyst estimates of $1.18 billion. Lundin Mining had a net margin of 30.48% and a return on equity of 10.02%. Research analysts expect that Lundin Mining will post 1.13 earnings per share for the current fiscal year.

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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