Lundin Mining (TSE:LUN) Raised to "Hold" at Raymond James Financial

Lundin Mining (TSE:LUN - Get Free Report) was upgraded by research analysts at Raymond James Financial to a "hold" rating in a note issued to investors on Monday,Zacks.com reports. Raymond James Financial also issued estimates for Lundin Mining's Q2 2025 earnings at $0.14 EPS, Q3 2025 earnings at $0.18 EPS, Q4 2025 earnings at $0.20 EPS and FY2025 earnings at $0.74 EPS.

Several other equities analysts also recently issued reports on LUN. Dnb Nor Markets upgraded shares of Lundin Mining to a "hold" rating in a research note on Tuesday, June 17th. The Goldman Sachs Group set a C$16.60 target price on Lundin Mining and gave the company a "buy" rating in a research report on Thursday, March 6th. National Bankshares lifted their price target on Lundin Mining from C$15.50 to C$16.50 and gave the stock an "outperform" rating in a research report on Tuesday, June 24th. Desjardins set a C$17.00 price objective on Lundin Mining and gave the company a "buy" rating in a report on Thursday, June 19th. Finally, Morgan Stanley lowered their target price on shares of Lundin Mining from C$14.80 to C$12.00 in a research report on Wednesday, April 9th. Five research analysts have rated the stock with a hold rating, eight have assigned a buy rating and three have given a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of C$15.91.

Lundin Mining Stock Down 0.5%

Shares of Lundin Mining stock traded down C$0.08 during trading hours on Monday, hitting C$14.82. The company had a trading volume of 465,931 shares, compared to its average volume of 2,644,406. The company has a debt-to-equity ratio of 41.58, a current ratio of 1.40 and a quick ratio of 0.90. The company's 50-day moving average is C$13.25 and its two-hundred day moving average is C$12.37. The company has a market cap of C$9.06 billion, a P/E ratio of 29.41, a price-to-earnings-growth ratio of -0.26 and a beta of 1.66. Lundin Mining has a twelve month low of C$8.94 and a twelve month high of C$16.31.

Insiders Place Their Bets

In related news, insider Nemesia S.a.r.l. acquired 900,000 shares of the firm's stock in a transaction that occurred on Friday, June 13th. The shares were purchased at an average price of C$14.10 per share, with a total value of C$12,690,000.00. Also, Director Jack Oliver Lundin bought 20,000 shares of the company's stock in a transaction on Thursday, May 22nd. The stock was bought at an average cost of C$12.65 per share, with a total value of C$252,934.00. 15.70% of the stock is currently owned by company insiders.

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.