Cormark Brokers Raise Earnings Estimates for Lundin Mining

Key Points

• Cormark has raised its Q1 2026 earnings per share (EPS) forecast for Lundin Mining from $0.23 to $0.26, with a full-year forecast of $1.04 EPS for 2026.
• Shares of Lundin Mining recently traded at $11.30 with a market cap of $9.67 billion and various analyst ratings indicating a consensus of "Buy."
• Lundin Mining's recent dividend payout was $0.0198 per share, with a yield of 84.0%, although the company has a high negative dividend payout ratio of -400.00%.

Lundin Mining Corp. (OTCMKTS:LUNMF - Free Report) - Cormark boosted their Q1 2026 earnings per share estimates for Lundin Mining in a report issued on Wednesday, August 13th. Cormark analyst S. Ioannou now forecasts that the basic materials company will post earnings of $0.26 per share for the quarter, up from their prior forecast of $0.23. The consensus estimate for Lundin Mining's current full-year earnings is $0.53 per share. Cormark also issued estimates for Lundin Mining's Q2 2026 earnings at $0.26 EPS, Q3 2026 earnings at $0.26 EPS, Q4 2026 earnings at $0.26 EPS and FY2026 earnings at $1.04 EPS.

A number of other analysts also recently commented on the stock. Dnb Nor Markets raised shares of Lundin Mining to a "hold" rating in a report on Tuesday, June 17th. Scotiabank reissued an "outperform" rating on shares of Lundin Mining in a research note on Monday, May 5th. UBS Group cut Lundin Mining from a "strong-buy" rating to a "hold" rating in a report on Friday, May 2nd. BMO Capital Markets upgraded Lundin Mining from an "outperform" rating to a "strong-buy" rating in a research report on Friday, June 6th. Finally, Raymond James Financial raised Lundin Mining to a "hold" rating in a report on Monday, June 30th. Five analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, Lundin Mining has a consensus rating of "Buy".

Lundin Mining Price Performance

Shares of OTCMKTS LUNMF traded down $0.2430 during trading on Thursday, hitting $10.9770. 8,894 shares of the company were exchanged, compared to its average volume of 315,666. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.88 and a quick ratio of 1.53. Lundin Mining has a 1 year low of $6.30 and a 1 year high of $12.00. The company has a market cap of $9.40 billion, a price-to-earnings ratio of -548.85, a PEG ratio of 0.76 and a beta of 1.35. The firm's fifty day moving average price is $10.47 and its 200 day moving average price is $9.21.

Lundin Mining Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, June 25th. Investors of record on Friday, June 6th were given a dividend of $0.0198 per share. The ex-dividend date was Thursday, June 5th. This represents a yield of 84.0%. Lundin Mining's dividend payout ratio (DPR) is -350.00%.

Lundin Mining Company Profile

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.