Lundin Mining Stock Earnings Estimates Lifted by Scotiabank

Lundin Mining Corp. (OTCMKTS:LUNMF) – Stock analysts at Scotiabank upped their FY2026 earnings estimates for shares of Lundin Mining in a research report issued to clients and investors on Monday, November 2nd. Scotiabank analyst O. Wowkodaw now forecasts that the basic materials company will earn $1.26 per share for the year, up from their previous estimate of $1.23. The consensus estimate for Lundin Mining’s current full-year earnings is $1.32 per share.

A number of other equities analysts also recently commented on LUNMF. Canaccord Genuity Group downgraded Lundin Mining from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 6th. Citigroup restated a “positive” rating on shares of Lundin Mining in a report on Wednesday, July 15th. Four research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold”.

Lundin Mining Trading Up 5.9%

Shares of Lundin Mining stock opened at $22.56 on Thursday. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.60 and a quick ratio of 1.05. The stock’s 50 day simple moving average is $24.12 and its 200-day simple moving average is $25.83. The stock has a market cap of $19.21 billion, a P/E ratio of 13.04, a P/E/G ratio of 1.09 and a beta of 1.24. Lundin Mining has a 1-year low of $15.05 and a 1-year high of $33.29.

Lundin Mining (OTCMKTS:LUNMF) last released its earnings results on Wednesday, November 4th. The basic materials company reported $0.32 earnings per share for the quarter, topping analysts’ consensus estimates of $0.30 by $0.02. Lundin Mining had a net margin of 31.82% and a return on equity of 13.18%. The business had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.13 billion.

Lundin Mining Company Profile

Lundin Mining Corporation is a Canadian base-metals mining company headquartered in Vancouver, British Columbia. The company explores, develops, and operates mines that produce copper, zinc, gold, and silver, with copper representing its primary focus. Its products are sold to customers in industrial and metals markets.

Lundin Mining’s principal assets have included the Candelaria copper-gold-silver complex and Caserones copper-molybdenum mine in Chile, the Eagle nickel-copper mine in Michigan, and the Zinkgruvan zinc-lead-silver mine in Sweden.