What is Cormark's Estimate for Lundin Mining Q3 Earnings?

Key Points

• Cormark has raised its Q3 2025 earnings per share estimate for Lundin Mining to $0.30, up from a previous estimate of $0.21.
• Multiple analysts, including BMO Capital Markets and National Bankshares, have upgraded Lundin Mining's stock rating, with price targets reaching as high as C$17.50.
• Insider activity includes the purchase of 900,000 shares by Nemesia S.a.r.l. at an average cost of C$14.10 per share, indicating strong insider confidence in the company.

Lundin Mining Co. (TSE:LUN - Free Report) - Stock analysts at Cormark upped their Q3 2025 earnings per share estimates for shares of Lundin Mining in a note issued to investors on Wednesday, August 13th. Cormark analyst S. Ioannou now expects that the mining company will post earnings per share of $0.30 for the quarter, up from their prior estimate of $0.21. Cormark also issued estimates for Lundin Mining's Q4 2025 earnings at $0.32 EPS.

Several other research firms have also issued reports on LUN. BMO Capital Markets upgraded Lundin Mining to a "strong-buy" rating in a research report on Friday, June 6th. Scotiabank raised their price target on Lundin Mining from C$14.50 to C$16.00 in a research report on Monday, June 16th. National Bankshares raised their price target on Lundin Mining from C$16.50 to C$17.50 and gave the stock an "outperform" rating in a research report on Wednesday, July 9th. JPMorgan Chase & Co. lowered Lundin Mining from an "overweight" rating to a "neutral" rating and raised their price target for the stock from C$15.30 to C$15.60 in a research report on Thursday, July 10th. Finally, Desjardins set a C$17.00 price objective on Lundin Mining and gave the stock a "buy" rating in a research report on Thursday, June 19th. Five investment analysts have rated the stock with a hold rating, six have given a buy rating and three have issued a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of C$18.90.

Lundin Mining Stock Performance

Shares of TSE LUN opened at C$15.64 on Friday. The stock's 50-day moving average is C$14.30 and its 200 day moving average is C$12.77. The company has a current ratio of 1.40, a quick ratio of 0.90 and a debt-to-equity ratio of 41.58. Lundin Mining has a 1-year low of C$8.94 and a 1-year high of C$16.07. The stock has a market cap of C$9.56 billion, a price-to-earnings ratio of 31.04, a P/E/G ratio of -0.26 and a beta of 1.66.

Insider Activity at Lundin Mining

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

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