TSE:LUN

Lundin Mining Stock Forecast, Price & News

C$11.12

+0.45 (+4.22 %)

(As of 06/23/2021 02:27 PM ET)

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Today's Range

C$10.66

▼

C$11.16

50-Day Range

C$10.27

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C$15.87

52-Week Range

C$6.61

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C$16.07

Volume2.14 million shs

Average Volume2.41 million shs

Market CapitalizationC$8.22 billion

P/E Ratio15.93

Dividend Yield2.25%

BetaN/A

30 days | 90 days | 365 days | Advanced Chart

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About Lundin Mining

Lundin Mining Corporation, a diversified base metals mining company, engages in the exploration, development, and mining of mineral properties in Brazil, Chile, Portugal, Sweden, and the United States. It primarily produces copper, zinc, nickel, and gold, 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 located in Chile. 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 Toronto, Canada.

Lundin Mining (TSE:LUN) Given New C$15.00 Price Target at Deutsche Bank Aktiengesellschaft
June 22, 2021 | americanbankingnews.com

BMO Capital Markets Cuts Lundin Mining (TSE:LUN) Price Target to C$16.00
June 22, 2021 | americanbankingnews.com

Raymond James Trims Lundin Mining (TSE:LUN) Target Price to C$15.00
June 22, 2021 | americanbankingnews.com

Lundin Mining (TSE:LUN) Price Target Cut to C$12.00
June 22, 2021 | americanbankingnews.com

Lundin Mining (TSE:LUN) Price Target Cut to C$16.00 by Analysts at Haywood Securities
June 22, 2021 | americanbankingnews.com

Lundin Mining (TSE:LUN) PT Lowered to C$14.00
June 22, 2021 | americanbankingnews.com

Lundin Mining (TSE:LUN) Price Target Cut to C$14.00 by Analysts at Scotiabank
June 21, 2021 | americanbankingnews.com

Lundin Mining (TSE:LUN) Rating Reiterated by CIBC
June 21, 2021 | americanbankingnews.com

CANADA STOCKS-TSX rises on boost from energy, mining firms
June 21, 2021 | msn.com

Lundin Mining (TSE:LUN) Shares Down 9.3%
June 21, 2021 | americanbankingnews.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange TSE
Industry Copper
Sub-IndustryN/A
SectorBasic Materials
Current SymbolTSE:LUN
Previous Symbol
CUSIPN/A
CIKN/A
Webwww.lundinmining.com
Phone+1-416-3425560
Employees4,170
Year FoundedN/A

Sales & Book Value

Annual SalesC$2.34 billion
Price / Sales3.50
Cash FlowC$0.27 per share
Price / Cash Flow41.75
Book ValueC$5.50 per share
Price / Book2.02

Profitability

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares739,065,000
Market CapC$8.22 billion
Next Earnings Date8/4/2021 (Estimated)
OptionableNot Optionable

MarketRank^™

Overall MarketRank^™

2.20 out of 5 stars

4.3 Analyst's Opinion

Consensus Rating
Lundin Mining has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 7 buy ratings, 7 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of C$15.13, Lundin Mining has a forecasted upside of 38.4% from its current price of C$10.93.
Amount of Analyst Coverage
Lundin Mining has been the subject of 14 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.6 Community Rank

Outperform Votes
Lundin Mining has received 698 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Lundin Mining has received 651 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Lundin Mining has received 51.74% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Lundin Mining and other stocks. Vote “Outperform” if you believe LUN will outperform the S&P 500 over the long term. Vote “Underperform” if you believe LUN will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Yield
Lundin Mining pays a meaningful dividend of 2.25%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Lundin Mining does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Lundin Mining is 19.74%. This payout ratio is at a healthy, sustainable level, below 75%.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Lundin Mining insiders have sold 252.66% more of their company's stock than they have bought. Specifically, they have bought C$195,018.00 in company stock and sold C$687,751.00 in company stock.

2.5 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Lundin Mining is 15.66, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 22.60.
Price to Earnings Ratio vs. Sector
The P/E ratio of Lundin Mining is 15.66, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 29.80.
Price to Earnings Growth Ratio
Lundin Mining has a PEG Ratio of 0.31. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Lundin Mining has a P/B Ratio of 1.99. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Lundin Mining (TSE:LUN) Frequently Asked Questions

Is Lundin Mining a buy right now?

16 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, 7 hold ratings, 7 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Lundin Mining stock.
View analyst ratings for Lundin Mining or view top-rated stocks.

What stocks does MarketBeat like better than Lundin Mining?

Wall Street analysts have given Lundin Mining a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Lundin Mining wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Lundin Mining's next earnings date?

Lundin Mining is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
View our earnings forecast for Lundin Mining.

How were Lundin Mining's earnings last quarter?

Lundin Mining Co. (TSE:LUN) released its quarterly earnings data on Wednesday, April, 28th. The mining company reported $0.25 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.27 by $0.02. The mining company earned $863.02 million during the quarter.
View Lundin Mining's earnings history.

How has Lundin Mining's stock been impacted by COVID-19?

Lundin Mining's stock was trading at C$5.92 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, LUN stock has increased by 86.5% and is now trading at C$11.04.
View which stocks have been most impacted by COVID-19.

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

Lundin Mining announced a quarterly dividend on Wednesday, April 28th. Investors of record on Friday, June 4th will be paid a dividend of 0.06 per share on Wednesday, June 23rd. This represents a $0.24 annualized dividend and a dividend yield of 2.17%. The ex-dividend date is Thursday, June 3rd.
View Lundin Mining's dividend history.

Is Lundin Mining a good dividend stock?

Lundin Mining pays an annual dividend of C$0.14 per share and currently has a dividend yield of 2.25%. The dividend payout ratio of Lundin Mining is 19.74%. This payout ratio is at a healthy, sustainable level, below 75%.
View Lundin Mining's dividend history.

What price target have analysts set for LUN?

16 equities research analysts have issued 12-month target prices for Lundin Mining's shares. Their forecasts range from C$12.00 to C$20.00. On average, they expect Lundin Mining's share price to reach C$15.13 in the next twelve months. This suggests a possible upside of 37.1% from the stock's current price.
View analysts' price targets for Lundin Mining or view top-rated stocks among Wall Street analysts.

Who are Lundin Mining's key executives?

Lundin Mining's management team includes the following people:

Ms. Marie Inkster, Pres, CEO & Director (Age 49, Pay $1.73M)
Ms. Jinhee Magie C.P.A., B.Com., C.A., Sr. VP & CFO (Age 53, Pay $633.7k)
Mr. Peter Rockandel, Sr. VP of Corp. Devel. & Investor Relations
Mr. Andrew Hastings, Sr. VP & Gen. Counsel
Mr. Jonas Peter Haddock Richardson, Sr. VP & COO
Mr. Stephen Trelawney Gatley BSc (Hons), C Eng, M.I.M.M.M, VP of Technical Services (Age 60)
Mr. Jean-Claude Lalumiere, Sr. VP of HR
Mr. J. Mikael Schauman, Sr. VP of Commercial (Age 62)
Ms. Ciara Talbot, VP of Exploration
Ms. Annie Laurenson, Corp. Sec.

Who are some of Lundin Mining's key competitors?

Some companies that are related to Lundin Mining include Katanga Mining Limited (KAT.TO) (KAT), Turquoise Hill Resources (TRQ), Aurubis (NDA), Ero Copper (ERO), Hudbay Minerals (HBM), Capstone Mining (CS), Nevsun Resources (NSU), Nevsun Resources (NSU), Copper Mountain Mining (CMMC), Atalaya Mining (AYM), Imperial Metals (III), Atalaya Mining (ATYM), Nevada Copper (NCU), Western Copper and Gold (WRN) and Amerigo Resources (ARG).
View all of LUN's competitors.

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), Street Capital Group (SCB), Teck Resources (TECK.B) and Sherritt International (S).

What is Lundin Mining's stock symbol?

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

How do I buy shares of Lundin Mining?

Shares of LUN 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.

What is Lundin Mining's stock price today?

One share of LUN stock can currently be purchased for approximately C$11.04.

How much money does Lundin Mining make?

Lundin Mining has a market capitalization of C$8.16 billion and generates C$2.34 billion in revenue each year.

How many employees does Lundin Mining have?

Lundin Mining employs 4,170 workers across the globe.

What is Lundin Mining's official website?

The official website for Lundin Mining is www.lundinmining.com.

Where are Lundin Mining's headquarters?

Lundin Mining is headquartered at 150 King St W Suite 1500, P.O Box 38, TORONTO, ON M5H 1J9, Canada.

How can I contact Lundin Mining?

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

This page was last updated on 6/23/2021 by MarketBeat.com Staff

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