Raymond James Lifts Earnings Estimates for Lundin Mining

Lundin Mining Co. (TSE:LUN - Free Report) - Analysts at Raymond James lifted their Q3 2025 earnings per share estimates for shares of Lundin Mining in a research note issued to investors on Tuesday, April 15th. Raymond James analyst F. Hamed now anticipates that the mining company will earn $0.18 per share for the quarter, up from their prior estimate of $0.16. Raymond James currently has a "Market Perform" rating and a $14.00 target price on the stock. Raymond James also issued estimates for Lundin Mining's Q4 2025 earnings at $0.20 EPS.

Several other equities analysts have also issued reports on the company. TD Securities raised Lundin Mining from a "hold" rating to a "buy" rating and set a C$13.00 price target for the company in a research report on Tuesday, April 15th. Canaccord Genuity Group upgraded shares of Lundin Mining from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, April 16th. Jefferies Financial Group cut their price target on shares of Lundin Mining from C$20.00 to C$16.00 in a report on Monday, January 6th. Scotiabank cut Lundin Mining from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, January 15th. Finally, Desjardins raised Lundin Mining to a "moderate buy" rating in a report on Thursday, April 3rd. Six research analysts have rated the stock with a hold rating, seven have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, Lundin Mining currently has a consensus rating of "Moderate Buy" and an average target price of C$16.14.

Lundin Mining Trading Up 3.0 %

Shares of TSE LUN traded up C$0.32 during midday trading on Thursday, hitting C$10.98. 812,042 shares of the company traded hands, compared to its average volume of 2,706,753. Lundin Mining has a 12-month low of C$8.94 and a 12-month high of C$17.97. The stock has a 50-day moving average price of C$11.66 and a 200 day moving average price of C$12.66. The company has a debt-to-equity ratio of 41.58, a quick ratio of 0.90 and a current ratio of 1.40. The firm has a market cap of C$6.71 billion, a P/E ratio of 21.79, a P/E/G ratio of -0.26 and a beta of 1.66.

Insider Transactions at Lundin Mining

In other news, insider Nemesia S.a.r.l. bought 2,000,000 shares of the business's stock in a transaction that occurred on Thursday, April 3rd. The shares were purchased at an average cost of C$11.35 per share, for a total transaction of C$22,700,000.00. Also, Director Adam Ian Lundin acquired 150,000 shares of the company's stock in a transaction on Thursday, April 3rd. The stock was purchased at an average cost of C$10.82 per share, for a total transaction of C$1,623,000.00. 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.