FY2027 EPS Estimates for Lundin Mining Cut by Stifel Canada

Lundin Mining Co. (TSE:LUN) – Analysts at Stifel Canada dropped their FY2027 earnings per share (EPS) estimates for shares of Lundin Mining in a research note issued to investors on Sunday, December 15th. Stifel Canada analyst C. Mcgill now expects that the mining company will post earnings per share of $0.89 for the year, down from their prior forecast of $1.08.

Lundin Mining (TSE:LUN) last released its earnings results 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 during the quarter, compared to analysts’ expectations of C$1.49 billion.

Other research analysts have also recently issued reports about the company. Raymond James lowered their price objective on Lundin Mining from C$16.00 to C$15.00 in a research report on Tuesday, December 10th. UBS Group increased their price target on shares of Lundin Mining from C$16.00 to C$17.00 in a research note on Monday, December 9th. Royal Bank of Canada reduced their price objective on shares of Lundin Mining from C$20.00 to C$16.00 and set a “sector perform” rating for the company in a research report on Tuesday, September 10th. Finally, Ventum Financial increased their target price on shares of Lundin Mining from C$18.50 to C$19.00 in a research report on Friday, October 18th. Six research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of C$17.72.

Lundin Mining Stock Down 3.2 %

Shares of Lundin Mining stock opened at C$11.90 on Tuesday. The company has a quick ratio of 0.90, a current ratio of 1.49 and a debt-to-equity ratio of 24.64. Lundin Mining has a 52-week low of C$9.85 and a 52-week high of C$17.97. The company has a market capitalization of C$9.24 billion, a P/E ratio of 42.50, a P/E/G ratio of -0.26 and a beta of 1.66. The company has a 50 day moving average of C$13.87 and a 200 day moving average of C$14.03.

Lundin Mining Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 11th. Investors of record on Friday, November 29th were given a $0.09 dividend. The ex-dividend date was Friday, November 29th. This represents a $0.36 annualized dividend and a dividend yield of 3.03%. 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.