FY2027 EPS Estimates for Lundin Mining Boosted by Scotiabank

Lundin Mining Corp. (OTCMKTS:LUNMF) – Scotiabank increased their FY2027 EPS estimates for Lundin Mining in a research note issued to investors on Thursday, February 19th. Scotiabank analyst O. Wowkodaw now expects that the basic materials company will post earnings of $0.96 per share for the year, up from their previous forecast of $0.95. Scotiabank has a “Outperform” rating on the stock. The consensus estimate for Lundin Mining’s current full-year earnings is $0.53 per share.

A number of other analysts have also recently weighed in on the stock. Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating on shares of Lundin Mining in a report on Wednesday, February 4th. Cormark upgraded Lundin Mining from a “hold” rating to a “moderate buy” rating in a report on Monday, December 22nd. Raymond James Financial reaffirmed a “market perform” rating on shares of Lundin Mining in a report on Wednesday, January 14th. Citigroup reissued a “buy” rating on shares of Lundin Mining in a report on Wednesday, February 11th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Lundin Mining in a research note on Tuesday. Four equities research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, Lundin Mining has a consensus rating of “Moderate Buy”.

Lundin Mining Trading Up 7.2%

Shares of OTCMKTS LUNMF opened at $32.60 on Monday. Lundin Mining has a 12-month low of $6.30 and a 12-month high of $32.76. The company has a current ratio of 1.51, a quick ratio of 0.96 and a debt-to-equity ratio of 0.05. The stock’s 50 day simple moving average is $24.35 and its 200 day simple moving average is $18.29. The company has a market cap of $27.85 billion, a price-to-earnings ratio of 21.73, a price-to-earnings-growth ratio of 0.62 and a beta of 1.24.

Lundin Mining (OTCMKTS:LUNMF) last posted its quarterly earnings results on Thursday, February 19th. The basic materials company reported $0.42 EPS for the quarter, beating the consensus estimate of $0.30 by $0.12. The business had revenue of $1.30 billion during the quarter, compared to analyst estimates of $1.18 billion. Lundin Mining had a net margin of 30.48% and a return on equity of 10.45%.

Lundin Mining Company Profile

Lundin Mining Corporation is a Canada-based diversified base metals mining company engaged in the acquisition, exploration, development, and operation of mines. The company’s portfolio encompasses copper, nickel, zinc, and lead, with by-products including gold and silver. Through its technical expertise and focus on cost-effective operations, Lundin Mining aims to maximize long-term value while meeting industry standards for safety and environmental stewardship.

Operationally, Lundin Mining holds interests in several producing assets across the Americas and Europe.