Brokers Offer Predictions for Lundin Mining Q2 Earnings

Lundin Mining Co. (TSE:LUN - Free Report) - Investment analysts at Stifel Canada reduced their Q2 2025 earnings per share (EPS) estimates for shares of Lundin Mining in a report released on Thursday, May 8th. Stifel Canada analyst R. Profiti now forecasts that the mining company will post earnings of $0.08 per share for the quarter, down from their prior forecast of $0.10. Stifel Canada has a "Strong-Buy" rating on the stock. Stifel Canada also issued estimates for Lundin Mining's FY2027 earnings at $0.38 EPS and FY2029 earnings at $0.46 EPS.

LUN has been the topic of several other research reports. Stifel Nicolaus cut their price target on Lundin Mining from C$17.50 to C$16.00 and set a "buy" rating on the stock in a research note on Thursday, January 30th. Morgan Stanley lowered their target price on Lundin Mining from C$14.80 to C$12.00 in a report on Wednesday, April 9th. National Bankshares lowered their target price on Lundin Mining from C$17.50 to C$15.50 and set an "outperform" rating for the company in a report on Wednesday, April 16th. Raymond James lowered their target price on Lundin Mining from C$15.00 to C$14.00 and set a "market perform" rating for the company in a report on Thursday, January 16th. Finally, Desjardins upgraded Lundin Mining to a "moderate buy" rating in a report on Thursday, April 3rd. Five investment analysts have rated the stock with a hold rating, eight have given a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat, Lundin Mining has a consensus rating of "Moderate Buy" and an average price target of C$15.88.

Lundin Mining Stock Up 1.9%

Shares of Lundin Mining stock traded up C$0.24 during trading on Monday, hitting C$12.68. 2,292,140 shares of the stock traded hands, compared to its average volume of 2,674,255. The firm has a market cap of C$7.75 billion, a P/E ratio of 25.16, a price-to-earnings-growth ratio of -0.26 and a beta of 1.66. The company has a current ratio of 1.40, a quick ratio of 0.90 and a debt-to-equity ratio of 41.58. Lundin Mining has a 52-week low of C$8.94 and a 52-week high of C$17.97. The stock's fifty day simple moving average is C$11.59 and its 200 day simple moving average is C$12.36.

Insider Activity

In other news, insider Nemesia S.a.r.l. bought 2,000,000 shares of the business's stock in a transaction on Thursday, April 3rd. The shares were bought at an average price of C$11.35 per share, with a total value of C$22,700,000.00. Also, Director Adam Ian Lundin bought 150,000 shares of the business's stock in a transaction on Thursday, April 3rd. The stock was purchased at an average cost of C$10.82 per share, for a total transaction of C$1,623,000.00. Company insiders own 15.70% of the company's stock.

About Lundin Mining

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.