What is Desjardins' Forecast for Lundin Mining Q1 Earnings?

Lundin Mining Co. (OTCMKTS:LUNMF - Free Report) - Investment analysts at Desjardins issued their Q1 2025 EPS estimates for shares of Lundin Mining in a research report issued to clients and investors on Tuesday, April 22nd. Desjardins analyst B. Adams anticipates that the basic materials company will post earnings per share of $0.13 for the quarter. Desjardins currently has a "Moderate Buy" rating on the stock. The consensus estimate for Lundin Mining's current full-year earnings is $0.53 per share.

Lundin Mining (OTCMKTS:LUNMF - Get Free Report) last announced its earnings results on Wednesday, February 19th. The basic materials company reported $0.12 earnings per share for the quarter, missing analysts' consensus estimates of $0.22 by ($0.10). Lundin Mining had a net margin of 6.63% and a return on equity of 5.02%. The company had revenue of $858.90 million for the quarter, compared to the consensus estimate of $1.06 billion.

LUNMF has been the topic of several other reports. Stifel Canada raised Lundin Mining to a "strong-buy" rating in a research report on Wednesday, March 19th. TD Securities raised Lundin Mining from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, April 15th. Canaccord Genuity Group raised Lundin Mining from a "hold" rating to a "strong-buy" rating in a report on Wednesday, April 16th. Finally, The Goldman Sachs Group raised Lundin Mining from a "buy" rating to a "strong-buy" rating in a report on Thursday, March 6th. One equities research analyst has rated the stock with a hold rating and four have issued a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Strong Buy".

Lundin Mining Stock Down 0.0 %

Shares of Lundin Mining stock traded down $0.00 during midday trading on Friday, hitting $8.48. The company had a trading volume of 313,071 shares, compared to its average volume of 304,948. The stock has a market capitalization of $7.29 billion, a P/E ratio of 23.54, a P/E/G ratio of 0.36 and a beta of 1.39. Lundin Mining has a 52-week low of $6.30 and a 52-week high of $13.26. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.96 and a current ratio of 1.40. The company has a 50 day moving average of $8.16 and a 200 day moving average of $8.84.

Lundin Mining Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, April 9th. Stockholders of record on Monday, March 24th were issued a $0.0634 dividend. The ex-dividend date of this dividend was Friday, March 21st. This represents a dividend yield of 2.79%. Lundin Mining's dividend payout ratio (DPR) is -92.31%.

About Lundin Mining

Lundin Mining Corporation, a diversified base metals mining company, engages in the exploration, development, and mining of mineral properties in Chile, Brazil, the United States, Portugal, Sweden, and Argentina. It primarily produces copper, zinc, gold, nickel, and molybdenum, as well as lead, silver, and other metals.