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National Bank Financial Weighs in on Lundin Mining Q2 Earnings

Lundin Mining logo with Basic Materials background

Lundin Mining Co. (TSE:LUN - Free Report) - Research analysts at National Bank Financial issued their Q2 2025 earnings per share (EPS) estimates for Lundin Mining in a research report issued on Tuesday, July 8th. National Bank Financial analyst S. Nagle anticipates that the mining company will earn $0.11 per share for the quarter.

A number of other brokerages have also recently commented on LUN. National Bankshares raised their price target on Lundin Mining from C$16.50 to C$17.50 and gave the stock an "outperform" rating in a research report on Wednesday. Canaccord Genuity Group upgraded shares of Lundin Mining from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, April 16th. 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. Morgan Stanley decreased their price objective on shares of Lundin Mining from C$14.80 to C$12.00 in a research note on Wednesday, April 9th. Finally, UBS Group cut Lundin Mining from a "buy" rating to a "neutral" rating and cut their target price for the stock from C$13.50 to C$13.00 in a research note on Friday, May 2nd. Six analysts have rated the stock with a hold rating, seven have issued a buy rating and three have given a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of C$15.76.

Check Out Our Latest Stock Analysis on LUN

Lundin Mining Price Performance

Shares of TSE:LUN traded down C$0.40 during trading on Thursday, reaching C$13.85. 3,004,153 shares of the company traded hands, compared to its average volume of 2,643,315. The firm has a market capitalization of C$8.46 billion, a PE ratio of 27.49, a PEG ratio of -0.26 and a beta of 1.66. Lundin Mining has a 52 week low of C$8.94 and a 52 week high of C$16.20. The company has a quick ratio of 0.90, a current ratio of 1.40 and a debt-to-equity ratio of 41.58. The company's 50 day moving average is C$13.52 and its two-hundred day moving average is C$12.44.

Insider Buying and Selling at Lundin Mining

In related news, Director Jack Oliver Lundin bought 20,000 shares of the stock in a transaction that occurred on Thursday, May 22nd. The stock was acquired at an average cost of C$12.65 per share, with a total value of C$252,934.00. Also, insider Nemesia S.a.r.l. bought 900,000 shares of the business's stock in a transaction on 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. Insiders own 15.70% of the company's stock.

About Lundin Mining

(Get Free Report)

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.

Further Reading

Earnings History and Estimates for Lundin Mining (TSE:LUN)

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