Lundin Mining (TSE:LUN) Upgraded at Stifel Canada

Stifel Canada upgraded shares of Lundin Mining (TSE:LUN) to a strong-buy rating in a research report released on Wednesday morning,Zacks.com reports. Stifel Canada also issued estimates for Lundin Mining’s FY2025 earnings at $0.49 EPS, FY2026 earnings at $0.44 EPS and FY2027 earnings at $0.29 EPS.

LUN has been the topic of several other reports. UBS Group reduced their target price on Lundin Mining from C$17.00 to C$15.50 in a research report on Tuesday, January 7th. Scotiabank downgraded Lundin Mining from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 15th. Raymond James reduced their target price on Lundin Mining from C$15.00 to C$14.00 and set a “market perform” rating on the stock in a research report on Thursday, January 16th. The Goldman Sachs Group set a C$16.60 target price on Lundin Mining and gave the stock a “buy” rating in a research report on Thursday, March 6th. Finally, Jefferies Financial Group reduced their target price on Lundin Mining from C$20.00 to C$16.00 in a research report on Monday, January 6th. Seven investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Lundin Mining presently has an average rating of “Moderate Buy” and an average target price of C$17.15.

Lundin Mining Stock Down 3.0 %

Shares of TSE:LUN opened at C$12.49 on Wednesday. The company has a quick ratio of 0.90, a current ratio of 1.40 and a debt-to-equity ratio of 41.58. Lundin Mining has a 52-week low of C$10.92 and a 52-week high of C$17.97. The stock’s fifty day simple moving average is C$12.20 and its 200-day simple moving average is C$12.97. The company has a market capitalization of C$7.63 billion, a P/E ratio of 24.79, a P/E/G ratio of -0.26 and a beta of 1.66.

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.