Lundin Mining (TSE:LUN - Get Free Report) was upgraded by Raymond James Financial to a "hold" rating in a report issued 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.
Other research analysts also recently issued reports about the stock. TD Securities upgraded shares of Lundin Mining from a "hold" rating to a "buy" rating and set a C$13.00 price target on the stock in a research report on Tuesday, April 15th. National Bankshares lifted their target price on Lundin Mining from C$15.50 to C$16.50 and gave the company an "outperform" rating in a research report on Tuesday, June 24th. Canaccord Genuity Group upgraded Lundin Mining from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, April 16th. Dnb Nor Markets raised Lundin Mining to a "hold" rating in a research report on Tuesday, June 17th. Finally, Morgan Stanley reduced their target price on shares of Lundin Mining from C$14.80 to C$12.00 in a report on Wednesday, April 9th. Five analysts have rated the stock with a hold rating, eight have given a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat.com, Lundin Mining currently has an average rating of "Moderate Buy" and an average price target of C$15.91.
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Lundin Mining Stock Performance
Lundin Mining stock traded up C$0.74 during midday trading on Monday, reaching C$15.06. 3,729,356 shares of the company traded hands, compared to its average volume of 2,670,533. The company has a debt-to-equity ratio of 41.58, a current ratio of 1.40 and a quick ratio of 0.90. Lundin Mining has a 12 month low of C$8.94 and a 12 month high of C$16.31. The firm has a market capitalization of C$9.20 billion, a price-to-earnings ratio of 29.89, a price-to-earnings-growth ratio of -0.26 and a beta of 1.66. The business has a 50 day moving average of C$13.14 and a two-hundred day moving average of C$12.34.
Insider Activity at Lundin Mining
In other Lundin Mining news, insider Nemesia S.a.r.l. bought 2,000,000 shares of Lundin Mining stock in a transaction dated Thursday, April 3rd. The shares were purchased at an average cost of C$11.35 per share, for a total transaction of C$22,700,000.00. Also, Director Jack Oliver Lundin bought 20,000 shares of the firm's stock in a transaction dated Thursday, May 22nd. The shares were acquired at an average price of C$12.65 per share, for a total transaction of C$252,934.00. Over the last ninety days, insiders acquired 3,070,000 shares of company stock valued at $37,265,934. 15.70% of the stock is owned by corporate insiders.
Lundin Mining Company Profile
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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.
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