FY2026 EPS Estimates for Lundin Mining Boosted by Analyst

Lundin Mining Co. (TSE:LUN) – Analysts at Scotiabank increased their FY2026 earnings per share estimates for shares of Lundin Mining in a report released on Tuesday, July 7th. Scotiabank analyst O. Wowkodaw now anticipates that the mining company will earn $1.73 per share for the year, up from their previous estimate of $1.66. Scotiabank currently has a “Sector Outperform” rating and a $42.00 price target on the stock. Scotiabank also issued estimates for Lundin Mining’s FY2027 earnings at $1.78 EPS.

Lundin Mining (TSE:LUN) last posted its quarterly earnings results on Wednesday, May 6th. The mining company reported C$0.43 EPS for the quarter. The business had revenue of C$1.61 billion during the quarter. Lundin Mining had a net margin of 35.92% and a return on equity of 23.11%.

A number of other analysts have also recently weighed in on LUN. Barclays set a C$42.00 price target on Lundin Mining and gave the stock an “equal weight” rating in a research report on Friday, May 22nd. National Bank Financial upped their price objective on Lundin Mining from C$42.00 to C$43.50 and gave the stock a “sector perform” rating in a research note on Wednesday, April 15th. Morgan Stanley dropped their target price on Lundin Mining from C$39.70 to C$34.90 in a research report on Thursday, April 9th. TD cut their target price on Lundin Mining from C$45.00 to C$44.00 and set a “buy” rating on the stock in a research note on Friday, April 10th. Finally, The Goldman Sachs Group boosted their price target on shares of Lundin Mining from C$40.80 to C$48.20 in a report on Friday, June 5th. Eight equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of C$39.74.

Lundin Mining Stock Performance

Shares of TSE LUN opened at C$33.26 on Wednesday. The company has a quick ratio of 0.90, a current ratio of 1.81 and a debt-to-equity ratio of 5.55. The firm’s 50-day moving average price is C$37.54 and its two-hundred day moving average price is C$35.84. Lundin Mining has a 52-week low of C$13.37 and a 52-week high of C$45.74. The stock has a market capitalization of C$28.40 billion, a P/E ratio of 19.92, a P/E/G ratio of -0.26 and a beta of 2.32.

About Lundin Mining

Lundin Mining Corp is a diversified Canadian base metals mining company with operations in Brazil Chile Portugal Sweden and the United States of America producing copper zinc gold and nickel. Its material mineral properties include Candelaria Chapada Eagle and Neves-Corvo.