Brokers Offer Predictions for Lundin Mining FY2025 Earnings

Lundin Mining Corp. (OTCMKTS:LUNMF - Free Report) - Investment analysts at National Bank Financial raised their FY2025 earnings per share (EPS) estimates for shares of Lundin Mining in a research report issued to clients and investors on Tuesday, July 8th. National Bank Financial analyst S. Nagle now anticipates that the basic materials company will post earnings per share of $0.50 for the year, up from their previous estimate of $0.48. The consensus estimate for Lundin Mining's current full-year earnings is $0.53 per share. National Bank Financial also issued estimates for Lundin Mining's FY2026 earnings at $0.71 EPS.

LUNMF has been the topic of several other research reports. Canaccord Genuity Group raised shares of Lundin Mining from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, April 16th. Dnb Nor Markets upgraded Lundin Mining to a "hold" rating in a research note on Tuesday, June 17th. BMO Capital Markets upgraded Lundin Mining from an "outperform" rating to a "strong-buy" rating in a research report on Friday, June 6th. Desjardins upgraded Lundin Mining to a "moderate buy" rating in a report on Thursday, April 3rd. Finally, TD Securities raised Lundin Mining from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, April 15th. Three research analysts have rated the stock with a hold rating, one has assigned a buy rating and five have issued a strong buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Buy".

Lundin Mining Stock Down 2.8%

LUNMF stock traded down $0.29 during midday trading on Friday, hitting $10.13. 574,712 shares of the company's stock were exchanged, compared to its average volume of 308,672. The firm has a 50 day moving average price of $9.84 and a 200-day moving average price of $8.85. Lundin Mining has a 12-month low of $6.30 and a 12-month high of $11.87. The stock has a market capitalization of $8.67 billion, a price-to-earnings ratio of -77.92, a price-to-earnings-growth ratio of 0.85 and a beta of 1.35. The company has a current ratio of 1.88, a quick ratio of 1.53 and a debt-to-equity ratio of 0.27.

Lundin Mining (OTCMKTS:LUNMF - Get Free Report) last released its quarterly earnings results on Wednesday, May 7th. The basic materials company reported $0.11 earnings per share for the quarter, meeting analysts' consensus estimates of $0.11. The business had revenue of $963.90 million during the quarter, compared to analyst estimates of $914.31 million. Lundin Mining had a negative net margin of 2.34% and a positive return on equity of 6.24%.

Lundin Mining Cuts Dividend

The company also recently declared 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 dividend payout ratio (DPR) 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.