FY2027 EPS Estimates for Lundin Mining Raised by Analyst

Lundin Mining Corp. (OTCMKTS:LUNMF) – Stock analysts at Desjardins lifted their FY2027 earnings estimates for Lundin Mining in a research report issued on Wednesday, November 5th. Desjardins analyst B. Adams now forecasts that the basic materials company will post earnings of $1.00 per share for the year, up from their prior estimate of $0.67. The consensus estimate for Lundin Mining’s current full-year earnings is $0.53 per share.

Several other brokerages have also issued reports on LUNMF. Scotiabank reiterated an “outperform” rating on shares of Lundin Mining in a report on Tuesday, October 28th. Wall Street Zen lowered Lundin Mining from a “buy” rating to a “hold” rating in a research report on Monday, November 3rd. Haywood Securities downgraded Lundin Mining from a “strong-buy” rating to a “hold” rating in a research note on Friday, September 12th. Finally, TD Securities reiterated a “buy” rating on shares of Lundin Mining in a report on Wednesday, September 10th. Four investment analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, Lundin Mining has a consensus rating of “Buy”.

Lundin Mining Trading Up 3.6%

Shares of OTCMKTS:LUNMF opened at $18.36 on Monday. The firm has a fifty day moving average of $14.34 and a two-hundred day moving average of $11.59. The company has a quick ratio of 0.90, a current ratio of 1.45 and a debt-to-equity ratio of 0.06. Lundin Mining has a 12-month low of $6.30 and a 12-month high of $18.53. The firm has a market capitalization of $15.73 billion, a P/E ratio of -918.00, a price-to-earnings-growth ratio of 0.67 and a beta of 1.41.

Lundin Mining Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, September 24th. Shareholders of record on Monday, September 8th were given a $0.02 dividend. This is an increase from Lundin Mining’s previous dividend of $0.02. This represents a dividend yield of 69.0%. The ex-dividend date of this dividend was Friday, September 5th. Lundin Mining’s payout ratio is presently 175.00%.

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.