National Bank Financial Forecasts Lundin Mining Q1 Earnings

Lundin Mining Co. (TSE:LUN - Free Report) - Stock analysts at National Bank Financial issued their Q1 2025 EPS estimates for Lundin Mining in a research note issued on Tuesday, April 15th. National Bank Financial analyst S. Nagle forecasts that the mining company will earn $0.17 per share for the quarter. National Bank Financial also issued estimates for Lundin Mining's FY2025 earnings at $0.71 EPS and FY2026 earnings at $0.98 EPS.

Several other brokerages also recently weighed in on LUN. Jefferies Financial Group cut their price target on Lundin Mining from C$20.00 to C$16.00 in a report on Monday, January 6th. The Goldman Sachs Group set a C$16.60 price objective on shares of Lundin Mining and gave the company a "buy" rating in a research report on Thursday, March 6th. Raymond James lowered their target price on shares of Lundin Mining from C$15.00 to C$14.00 and set a "market perform" rating for the company in a research note on Thursday, January 16th. TD Securities upgraded shares of Lundin Mining from a "hold" rating to a "buy" rating and set a C$13.00 price objective for the company in a research report on Tuesday, April 15th. Finally, National Bankshares cut their price target on Lundin Mining from C$17.50 to C$15.50 and set an "outperform" rating on the stock in a research report on Wednesday, April 16th. Five research analysts have rated the stock with a hold rating, seven have given a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of C$16.14.

Lundin Mining Stock Up 6.0 %

Shares of TSE:LUN traded up C$0.66 during trading on Friday, hitting C$11.68. The company's stock had a trading volume of 1,956,392 shares, compared to its average volume of 2,713,141. The company has a market capitalization of C$7.14 billion, a PE ratio of 23.18, a P/E/G ratio of -0.26 and a beta of 1.66. The company has a debt-to-equity ratio of 41.58, a quick ratio of 0.90 and a current ratio of 1.40. Lundin Mining has a fifty-two week low of C$8.94 and a fifty-two week high of C$17.97. The business has a 50 day moving average price of C$11.63 and a two-hundred day moving average price of C$12.64.

Insider Transactions at Lundin Mining

In related news, insider Nemesia S.a.r.l. acquired 2,000,000 shares of the company's stock in a transaction dated Thursday, April 3rd. The stock was 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 firm's stock in a transaction that occurred on Thursday, April 3rd. The stock was bought at an average cost of C$10.82 per share, for a total transaction of C$1,623,000.00. Corporate 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.