Desjardins Comments on Lundin Mining's Q2 Earnings (TSE:LUN)

Lundin Mining Co. (TSE:LUN - Free Report) - Equities researchers at Desjardins issued their Q2 2025 earnings estimates for Lundin Mining in a report issued on Thursday, July 17th. Desjardins analyst B. Adams forecasts that the mining company will earn $0.14 per share for the quarter. Desjardins currently has a "Buy" rating and a $17.00 target price on the stock. Desjardins also issued estimates for Lundin Mining's Q2 2025 earnings at $0.14 EPS.

Several other research analysts also recently commented on the stock. UBS Group downgraded shares of Lundin Mining from a "buy" rating to a "neutral" rating and cut their price target for the company from C$13.50 to C$13.00 in a report on Friday, May 2nd. 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. Dnb Nor Markets upgraded shares of Lundin Mining to a "hold" rating in a research report on Tuesday, June 17th. JPMorgan Chase & Co. cut shares of Lundin Mining from an "overweight" rating to a "neutral" rating and lifted their target price for the stock from C$15.30 to C$15.60 in a research report on Thursday, July 10th. Finally, Raymond James Financial raised shares of Lundin Mining to a "hold" rating in a report on Monday, June 30th. Six investment analysts have rated the stock with a hold rating, seven have given a buy rating and three have issued a strong buy rating to the company. Based on data from MarketBeat, Lundin Mining currently has an average rating of "Moderate Buy" and an average target price of C$15.76.

Lundin Mining Stock Performance

LUN traded up C$0.02 on Friday, hitting C$13.71. The company's stock had a trading volume of 1,247,924 shares, compared to its average volume of 2,614,912. The company's 50 day simple moving average is C$13.72 and its 200-day simple moving average is C$12.49. The firm has a market cap of C$8.38 billion, a P/E ratio of 27.21, a price-to-earnings-growth ratio of -0.26 and a beta of 1.66. Lundin Mining has a 12 month low of C$8.94 and a 12 month high of C$15.36. The company has a quick ratio of 0.90, a current ratio of 1.40 and a debt-to-equity ratio of 41.58.

Insider Activity at Lundin Mining

In other Lundin Mining news, Director Jack Oliver Lundin purchased 20,000 shares of the firm's stock in a transaction on Thursday, May 22nd. The shares were acquired at an average cost of C$12.65 per share, for a total transaction of C$252,934.00. Also, insider Nemesia S.a.r.l. purchased 900,000 shares of the firm's stock in a transaction on Friday, June 13th. The stock was acquired at an average price of C$14.10 per share, for a total transaction of C$12,690,000.00. Corporate insiders own 15.70% of the company's stock.

Lundin Mining Company Profile

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.