Lundin Mining - LUNMF Stock Forecast, Price & News

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Lundin Mining in the last twelve months. There are currently 1 sell rating, 6 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" LUNMF shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LUNMF, but not buy additional shares or sell existing shares.
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11 equities research analysts have issued 12 month target prices for Lundin Mining's stock. Their LUNMF share price forecasts range from $8.50 to $74.00. On average, they predict the company's share price to reach $24.83 in the next year. This suggests a possible upside of 303.6% from the stock's current price.
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Lundin Mining's stock was trading at $6.14 on January 1st, 2023. Since then, LUNMF stock has increased by 0.2% and is now trading at $6.1530.
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Lundin Mining saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 12,170,500 shares, an increase of 92.8% from the February 28th total of 6,312,300 shares. Based on an average daily volume of 186,800 shares, the days-to-cover ratio is currently 65.2 days.
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Lundin Mining Co. (OTCMKTS:LUNMF) released its quarterly earnings data on Wednesday, February, 22nd. The basic materials company reported $0.25 earnings per share for the quarter, topping analysts' consensus estimates of $0.13 by $0.12. The basic materials company earned $811.40 million during the quarter. Lundin Mining had a net margin of 14.04% and a trailing twelve-month return on equity of 9.11%.

Lundin Mining announced a dividend on Friday, March 17th. Shareholders of record on Friday, March 24th will be given a dividend of $0.0665 per share on Wednesday, April 12th. This represents a dividend yield of 4.83%. The ex-dividend date of this dividend is Thursday, March 23rd. This is a positive change from the stock's previous dividend of $0.07.
Read our dividend analysis for LUNMF.

Lundin Mining (OTCMKTS:LUNMF) pays an annual dividend of $0.26 per share and currently has a dividend yield of 4.61%. LUNMF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 44.83%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for LUNMF.

Lundin Mining trades on the OTCMKTS under the ticker symbol "LUNMF."

Shares of LUNMF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of LUNMF stock can currently be purchased for approximately $6.15.

Lundin Mining (OTCMKTS:LUNMF) has a market capitalization of $4.74 billion and generates $3.04 billion in revenue each year. The basic materials company earns $426.90 million in net income (profit) each year or $0.58 on an earnings per share basis.

The company employs 4,567 workers across the globe.

Lundin Mining's mailing address is 150 King Street West Suite 1500 PO Box 38, Toronto A6, M5H 1J9. The official website for the company is www.lundinmining.com. The basic materials company can be reached via phone at (416) 342-5560, via email at mark.turner@lundinmining.com, or via fax at 416-348-0303.