Q1 EPS Estimates for Lundin Mining Raised by Stifel Canada

Key Points

• Stifel Canada raised its Q1 2026 earnings per share estimate for Lundin Mining to $0.15, up from $0.14, with similar estimates for the subsequent quarters.
• Lundin Mining's stock has a recent trading price of C$15.77, and analysts have a Moderate Buy average rating with a target price of C$18.52.
• Insiders have actively purchased shares, including a significant acquisition of 900,000 shares by Nemesia S.a.r.l. at an average price of C$14.10.

Lundin Mining Co. (TSE:LUN - Free Report) - Stifel Canada boosted their Q1 2026 earnings per share (EPS) estimates for Lundin Mining in a research note issued on Thursday, August 7th. Stifel Canada analyst R. Profiti now anticipates that the mining company will earn $0.15 per share for the quarter, up from their prior forecast of $0.14. Stifel Canada also issued estimates for Lundin Mining's Q2 2026 earnings at $0.15 EPS, Q3 2026 earnings at $0.16 EPS and Q4 2026 earnings at $0.16 EPS.

Several other analysts have also commented on the company. JPMorgan Chase & Co. lowered Lundin Mining from an "overweight" rating to a "neutral" rating and increased their price objective for the company from C$15.30 to C$15.60 in a report on Thursday, July 10th. TD Securities increased their price objective on Lundin Mining from C$16.00 to C$18.00 and gave the company a "buy" rating in a report on Friday. Scotiabank increased their price objective on Lundin Mining from C$14.50 to C$16.00 in a report on Monday, June 16th. UBS Group lowered Lundin Mining from a "buy" rating to a "neutral" rating and decreased their price objective for the company from C$13.50 to C$13.00 in a report on Friday, May 2nd. Finally, BMO Capital Markets upgraded Lundin Mining to a "strong-buy" rating in a report on Friday, June 6th. Five research analysts have rated the stock with a hold rating, six have issued a buy rating and three have assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of C$18.90.

Lundin Mining Stock Up 1.7%

Lundin Mining stock traded up C$0.27 during mid-day trading on Friday, reaching C$15.92. 2,186,199 shares of the company were exchanged, compared to its average volume of 2,592,441. Lundin Mining has a 12-month low of C$8.94 and a 12-month high of C$15.99. The business has a fifty day moving average of C$14.15 and a 200 day moving average of C$12.68. The company has a debt-to-equity ratio of 41.58, a quick ratio of 0.90 and a current ratio of 1.40. The firm has a market cap of C$9.73 billion, a P/E ratio of 31.59, a PEG ratio of -0.26 and a beta of 1.66.

Insider Transactions at Lundin Mining

In related news, Director Jack Oliver Lundin bought 20,000 shares of the stock in a transaction dated Thursday, May 22nd. The shares were purchased at an average price of C$12.65 per share, for a total transaction of C$252,934.00. Also, insider Nemesia S.a.r.l. bought 900,000 shares of the stock in a transaction dated Friday, June 13th. The stock was bought at an average price of C$14.10 per share, for a total transaction of C$12,690,000.00. 15.70% of the stock is owned by corporate 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.