FY2025 EPS Estimates for Lundin Mining Cut by Scotiabank

Lundin Mining Co. (TSE:LUN) – Stock analysts at Scotiabank dropped their FY2025 EPS estimates for Lundin Mining in a note issued to investors 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 prior estimate of $0.73. Scotiabank also issued estimates for Lundin Mining’s FY2026 earnings at $0.65 EPS.

Lundin Mining (TSE:LUN) last announced its quarterly earnings data on Wednesday, November 6th. The mining company reported C$0.12 earnings per share (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 company had revenue of C$1.46 billion for the quarter, compared to analysts’ expectations of C$1.49 billion.

LUN has been the subject of several other reports. Jefferies Financial Group decreased their target price on shares of Lundin Mining from C$20.00 to C$16.00 in a report on Monday. UBS Group decreased their price objective on shares of Lundin Mining from C$17.00 to C$15.50 in a report on Tuesday. Raymond James dropped their price objective on Lundin Mining from C$16.00 to C$15.00 in a research report on Tuesday, December 10th. Finally, Ventum Financial lifted their price target on shares of Lundin Mining from C$18.50 to C$19.00 in a research note on Friday, October 18th. Six investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat, Lundin Mining presently has a consensus rating of “Moderate Buy” and a consensus price target of C$17.38.

Lundin Mining Price Performance

LUN opened at C$12.61 on Thursday. Lundin Mining has a 1 year low of C$9.85 and a 1 year high of C$17.97. The stock has a 50-day moving average price of C$13.25 and a 200-day moving average price of C$13.70. The firm has a market cap of C$9.80 billion, a PE ratio of 45.04, a P/E/G ratio of -0.26 and a beta of 1.66. The company has a debt-to-equity ratio of 24.64, a current ratio of 1.49 and a quick ratio of 0.90.

Lundin Mining Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 11th. Shareholders of record on Friday, November 29th were paid a $0.09 dividend. The ex-dividend date was Friday, November 29th. This represents a $0.36 dividend on an annualized basis and a yield of 2.85%. Lundin Mining’s payout ratio is presently 128.57%.

About Lundin Mining

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.