What is Cormark's Forecast for Lundin Mining Q1 Earnings?

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 raised their Q1 2026 earnings per share (EPS) estimates for shares of Lundin Mining in a research note issued to investors on Wednesday, August 13th. Cormark analyst S. Ioannou now forecasts that the basic materials company will post earnings per share of $0.26 for the quarter, up from their previous estimate 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.

Several other research firms have also weighed in on LUNMF. Scotiabank reiterated an "outperform" rating on shares of Lundin Mining in a research note on Monday, May 5th. BMO Capital Markets upgraded shares of Lundin Mining from an "outperform" rating to a "strong-buy" rating in a research note on Friday, June 6th. UBS Group lowered shares of Lundin Mining from a "strong-buy" rating to a "hold" rating in a research note on Friday, May 2nd. Raymond James Financial upgraded shares of Lundin Mining to a "hold" rating in a research note on Monday, June 30th. Finally, 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. Three research analysts have rated the stock with a hold rating, one has assigned a buy rating and five have issued a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Buy".

Lundin Mining Price Performance

Shares of Lundin Mining stock traded down $0.15 during trading on Thursday, hitting $11.30. 1,075 shares of the company's stock traded hands, compared to its average volume of 318,448. The firm's fifty day moving average price is $10.42 and its 200 day moving average price is $9.13. 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 twelve month low of $6.30 and a twelve month high of $12.00. The company has a market cap of $9.67 billion, a PE ratio of -565.00, a PEG ratio of 0.78 and a beta of 1.35.

Lundin Mining Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, June 25th. Investors of record on Friday, June 6th were paid a $0.0198 dividend. This represents a yield of 84.0%. The ex-dividend date of this dividend was Thursday, June 5th. Lundin Mining's dividend payout ratio (DPR) is currently -400.00%.

About Lundin Mining

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.

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