Lundin Mining (LUN) Stock Forecast, Price & News

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lundin Mining in the last twelve months. There are currently 8 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" LUN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LUN, but not buy additional shares or sell existing shares.
View LUN analyst ratings or view top-rated stocks.

11 Wall Street research analysts have issued 12 month target prices for Lundin Mining's shares. Their LUN share price forecasts range from C$8.00 to C$22.00. On average, they predict the company's share price to reach C$12.01 in the next year. This suggests a possible upside of 22.5% from the stock's current price.
View analysts price targets for LUN or view top-rated stocks among Wall Street analysts.

Lundin Mining's stock was trading at C$8.31 on January 1st, 2023. Since then, LUN stock has increased by 17.9% and is now trading at C$9.80.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 24th 2023.
View our LUN earnings forecast.

Lundin Mining Co. (TSE:LUN) announced its quarterly earnings results on Wednesday, August, 2nd. The mining company reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.06 by $0.03. The mining company had revenue of $790.56 million for the quarter, compared to analysts' expectations of $823.32 million. Lundin Mining had a net margin of 12.15% and a trailing twelve-month return on equity of 6.57%.

Lundin Mining announced a quarterly dividend on Wednesday, August 2nd. Investors of record on Friday, September 1st will be paid a dividend of 0.09 per share on Wednesday, September 13th. This represents a $0.36 annualized dividend and a dividend yield of 3.67%. The ex-dividend date of this dividend is Thursday, August 31st.
Read our dividend analysis for LUN.

Lundin Mining (TSE:LUN) pays an annual dividend of C$0.36 per share and currently has a dividend yield of 3.63%. The dividend payout ratio is 61.02%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for LUN.

Based on aggregate information from My MarketBeat watchlists, some companies that other Lundin Mining investors own include Lam Research (LRCX), Viavi Solutions (VIAV), (CXRX) (CXRX), First Quantum Minerals (FM), Hudbay Minerals (HBM), Crescent Point Energy (CPG), Magna International (MGA), Teck Resources (TECK.B) and Sherritt International (S).

Lundin Mining trades on the Toronto Stock Exchange (TSX) under the ticker symbol "LUN."

Shares of LUN stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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One share of LUN stock can currently be purchased for approximately C$9.80.

Lundin Mining (TSE:LUN) has a market capitalization of C$7.58 billion and generates C$2.80 billion in revenue each year. The mining company earns C$340.08 million in net income (profit) each year or C$0.59 on an earnings per share basis.

The company employs 4,979 workers across the globe.

Lundin Mining's mailing address is 150 King St W Suite 1500, P.O Box 38, TORONTO, ON M5H 1J9, Canada. The official website for the company is www.lundinmining.com. The mining company can be reached via phone at +1-416-3425560.