Ventum Cap Mkts Predicts Reduced Earnings for Lundin Mining

Key Points

• Ventum Capital Markets has reduced its Q2 2025 earnings per share forecast for Lundin Mining from $0.18 to $0.12.
• Several brokerages have reevaluated Lundin Mining's stock ratings, with JPMorgan lowering it to "neutral" while maintaining a revised price objective of C$15.60.
• Recent insider activity includes significant purchases, with insider Nemesia S.a.r.l. buying 900,000 shares, indicating confidence in the company's performance.

Lundin Mining Co. (TSE:LUN - Free Report) - Analysts at Ventum Cap Mkts decreased their Q2 2025 EPS estimates for Lundin Mining in a research note issued to investors on Thursday, July 24th. Ventum Cap Mkts analyst C. Mackay now anticipates that the mining company will earn $0.12 per share for the quarter, down from their previous forecast of $0.18. Ventum Cap Mkts also issued estimates for Lundin Mining's Q3 2025 earnings at $0.21 EPS, Q4 2025 earnings at $0.19 EPS and Q1 2026 earnings at $0.19 EPS.

A number of other equities research analysts have also weighed in on the stock. Scotiabank raised their price target on shares of Lundin Mining from C$14.50 to C$16.00 in a report on Monday, June 16th. BMO Capital Markets raised shares of Lundin Mining to a "strong-buy" rating in a report on Friday, June 6th. Morgan Stanley lowered their price target on shares of Lundin Mining from C$14.80 to C$12.00 in a report on Wednesday, April 9th. Canaccord Genuity Group raised shares of Lundin Mining from a "hold" rating to a "strong-buy" rating in a report on Wednesday, April 16th. Finally, JPMorgan Chase & Co. lowered shares of Lundin Mining from an "overweight" rating to a "neutral" rating and raised their price target for the company from C$15.30 to C$15.60 in a report on Thursday, July 10th. Six equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of C$18.31.

Lundin Mining Stock Up 2.3%

LUN traded up C$0.31 during trading hours on Monday, reaching C$14.04. 656,287 shares of the stock traded hands, compared to its average volume of 2,570,520. The firm's fifty day simple moving average is C$13.94 and its two-hundred day simple moving average is C$12.56. The company has a market cap of C$8.58 billion, a price-to-earnings ratio of 27.86, a PEG ratio of -0.26 and a beta of 1.66. Lundin Mining has a fifty-two week low of C$8.94 and a fifty-two week high of C$15.36. The company has a debt-to-equity ratio of 41.58, a current ratio of 1.40 and a quick ratio of 0.90.

Insider Transactions at Lundin Mining

In other Lundin Mining news, insider Nemesia S.a.r.l. purchased 900,000 shares of Lundin Mining stock in a transaction dated Friday, June 13th. The shares were bought at an average cost of C$14.10 per share, for a total transaction of C$12,690,000.00. Also, Director Jack Oliver Lundin purchased 20,000 shares of Lundin Mining stock in a transaction dated Thursday, May 22nd. The stock was acquired at an average price of C$12.65 per share, for a total transaction of C$252,934.00. Company insiders own 15.70% of the company's stock.

Lundin Mining Company Profile

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.