TSE:LUN

Lundin Mining (LUN) Stock Price, News & Analysis

C$17.50
+0.75 (+4.48%)
(As of 05/17/2024 ET)
Today's Range
C$17.10
C$17.68
50-Day Range
C$11.61
C$17.50
52-Week Range
C$8.18
C$17.70
Volume
4.18 million shs
Average Volume
2.42 million shs
Market Capitalization
C$13.58 billion
P/E Ratio
92.11
Dividend Yield
2.06%
Price Target
C$15.49

Lundin Mining MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
11.5% Downside
C$15.49 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.66mentions of Lundin Mining in the last 14 days
Based on 10 Articles This Week
Insider Trading
Selling Shares
C$284,160 Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.74 out of 5 stars

LUN stock logo

About Lundin Mining Stock (TSE:LUN)

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. The company holds 100% interests in the Chapada mine located in Brazil; the Eagle mine located in the United States; the Neves-Corvo mine located in Portugal; and the Zinkgruvan mine located in Sweden. It also holds 80% interests in the Candelaria and Ojos del Salado mining complex; and 51% interest in the Caserones copper-molybdenum mine located in Chile, as well as owns the copper gold Josemaria project located in Argentina. The company was formerly known as South Atlantic Ventures Ltd. and changed its name to Lundin Mining Corporation in August 2004. Lundin Mining Corporation was incorporated in 1994 and is headquartered in Vancouver, Canada.

LUN Stock Price History

LUN Stock News Headlines

TSX Again Positive
Lundin Mining Price Target Raised to $17 at RBC
Lundin Mining earnings preview: what to expect
Raymond James Keeps Their Buy Rating on Ivanhoe Mines (IVPAF)
Toronto Stocks Rebound with Gold, Materials
Jefferies Keeps Their Buy Rating on Lundin Mining (LUNMF)
See More Headlines
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Company Calendar

Ex-Dividend for 4/10 Dividend
3/21/2024
Dividend Payable
4/10/2024
Last Earnings
5/01/2024
Today
5/17/2024
Ex-Dividend for 6/19 Dividend
5/31/2024
Dividend Payable
6/19/2024
Next Earnings (Estimated)
8/07/2024

Industry, Sector and Symbol

Industry
Copper
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
6,019
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$15.49
High Stock Price Target
C$20.00
Low Stock Price Target
C$10.00
Potential Upside/Downside
-11.5%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
18 Analysts

Profitability

Net Income
C$108.83 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$3.58 billion
Cash Flow
C$0.62 per share
Book Value
C$6.31 per share

Miscellaneous

Free Float
N/A
Market Cap
C$13.58 billion
Optionable
Not Optionable
Beta
1.82
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Key Executives

  • Mr. Jack O. A. Lundin (Age 35)
    President, CEO & Director
    Comp: $148.47k
  • Mr. Teitur Poulsen (Age 50)
    Executive VP & CFO
    Comp: $923.59k
  • Mr. Juan Andres Morel
    Executive VP & COO
  • Mr. David Dicaire
    Executive Vice President of Josemaria Project
  • Mr. Steve Little
    Vice President of Technology & Innovation
  • Mr. Stephen Charles-Hadfield Williams M.B.A.
    P.Eng., Vice President of Investor Relations
  • Mr. Peter Brady
    Executive VP & General Counsel
  • Mr. Quinn Yong
    Vice President of Corporate Development & Strategy
  • Ms. Jacinta Zaleski
    Vice President of Human Resources
  • Mr. Patrick James Merrin
    Executive Vice President of Technical Services

LUN Stock Analysis - Frequently Asked Questions

Should I buy or sell Lundin Mining stock right now?

18 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Lundin Mining in the last year. There are currently 1 sell rating, 10 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research 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.

What is Lundin Mining's stock price target for 2024?

18 equities research analysts have issued twelve-month target prices for Lundin Mining's stock. Their LUN share price targets range from C$10.00 to C$20.00. On average, they predict the company's share price to reach C$15.49 in the next year. This suggests that the stock has a possible downside of 11.5%.
View analysts price targets for LUN
or view top-rated stocks among Wall Street analysts.

How have LUN shares performed in 2024?

Lundin Mining's stock was trading at C$10.84 at the beginning of 2024. Since then, LUN shares have increased by 61.4% and is now trading at C$17.50.
View the best growth stocks for 2024 here
.

When is Lundin Mining's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024.
View our LUN earnings forecast
.

How were Lundin Mining's earnings last quarter?

Lundin Mining Co. (TSE:LUN) posted its earnings results on Wednesday, May, 1st. The mining company reported $0.08 EPS for the quarter, missing analysts' consensus estimates of $0.10 by $0.02. The mining company had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.27 billion. Lundin Mining had a trailing twelve-month return on equity of 3.49% and a net margin of 3.04%.

How often does Lundin Mining pay dividends? What is the dividend yield for Lundin Mining?

Lundin Mining announced a quarterly dividend on Wednesday, May 1st. Stockholders of record on Friday, May 31st will be given a dividend of 0.09 per share on Wednesday, June 19th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 2.06%. The ex-dividend date of this dividend is Friday, May 31st.
Read our dividend analysis for LUN
.

Is Lundin Mining a good dividend stock?

Lundin Mining (TSE:LUN) pays an annual dividend of C$0.36 per share and currently has a dividend yield of 2.24%. The dividend payout ratio is 189.47%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for LUN.

What other stocks do shareholders of Lundin Mining own?

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).

How do I buy shares of Lundin Mining?

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.
Compare Top Brokerages Here.

This page (TSE:LUN) was last updated on 5/18/2024 by MarketBeat.com Staff

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