Lundin Mining Co. (TSE:LUN – Free Report) – Scotiabank dropped their FY2025 EPS estimates for shares of Lundin Mining in a report released on Wednesday, January 8th. Scotiabank analyst O. Wowkodaw now forecasts that the mining company will earn $0.62 per share for the year, down from their previous forecast of $0.73. Scotiabank also issued estimates for Lundin Mining’s FY2026 earnings at $0.65 EPS.
A number of other equities research analysts also recently issued reports on the stock. Jefferies Financial Group decreased their price target on shares of Lundin Mining from C$20.00 to C$16.00 in a research note on Monday. UBS Group decreased their target price on shares of Lundin Mining from C$17.00 to C$15.50 in a research report on Tuesday. Raymond James dropped their price target on Lundin Mining from C$16.00 to C$15.00 in a research report on Tuesday, December 10th. Finally, Ventum Financial boosted their price objective on Lundin Mining from C$18.50 to C$19.00 in a research note on Friday, October 18th. Six equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of C$17.38.
Lundin Mining Stock Up 0.2 %
TSE LUN opened at C$12.61 on Thursday. The stock has a 50 day moving average price of C$13.25 and a 200-day moving average price of C$13.70. Lundin Mining has a one year low of C$9.85 and a one year high of C$17.97. The company has a debt-to-equity ratio of 24.64, a quick ratio of 0.90 and a current ratio of 1.49. The company has a market capitalization of C$9.80 billion, a P/E ratio of 45.04, a P/E/G ratio of -0.26 and a beta of 1.66.
Lundin Mining (TSE:LUN – Get Free Report) last announced its quarterly earnings results on Wednesday, November 6th. The mining company reported C$0.12 EPS for the quarter, missing analysts’ consensus estimates of C$0.24 by C($0.12). Lundin Mining had a net margin of 4.21% and a return on equity of 5.04%. The firm had revenue of C$1.46 billion for the quarter, compared to the consensus estimate of C$1.49 billion.
Lundin Mining Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Wednesday, December 11th. Investors of record on Friday, November 29th were paid a $0.09 dividend. This represents a $0.36 annualized dividend and a yield of 2.85%. The ex-dividend date was Friday, November 29th. Lundin Mining’s dividend payout ratio is presently 128.57%.
Lundin Mining Company Profile
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.
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