Lundin Mining (OTCMKTS:LUNMF) Shares Gap Up – What’s Next?

Posted by Lindsey Winhoffer on Jan 29th, 2026

Lundin Mining Corp. (OTCMKTS:LUNMF – Get Free Report)’s share price gapped up prior to trading on Thursday . The stock had previously closed at $26.71, but opened at $28.24. Lundin Mining shares last traded at $26.52, with a volume of 48,941 shares.

Analysts Set New Price Targets

Several research analysts have issued reports on LUNMF shares. CIBC reiterated a “neutral” rating on shares of Lundin Mining in a research note on Friday, December 12th. Cormark upgraded shares of Lundin Mining from a “hold” rating to a “moderate buy” rating in a research report on Monday, December 22nd. Scotiabank reissued an “outperform” rating on shares of Lundin Mining in a report on Monday. Wall Street Zen downgraded Lundin Mining from a “buy” rating to a “hold” rating in a report on Monday, November 3rd. Finally, Raymond James Financial reissued a “market perform” rating on shares of Lundin Mining in a research note on Wednesday, January 14th. Four analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Lundin Mining has an average rating of “Moderate Buy”.

Check Out Our Latest Stock Analysis on Lundin Mining

Lundin Mining Stock Up 3.4%

The company has a current ratio of 1.51, a quick ratio of 0.96 and a debt-to-equity ratio of 0.05. The company has a market capitalization of $23.59 billion, a price-to-earnings ratio of 690.25, a PEG ratio of 0.56 and a beta of 1.23. The firm’s 50-day moving average price is $21.46 and its 200 day moving average price is $16.11.

Lundin Mining Company Profile

(Get Free Report)

Lundin Mining Corporation is a Canada-based diversified base metals mining company engaged in the acquisition, exploration, development, and operation of mines. The company’s portfolio encompasses copper, nickel, zinc, and lead, with by-products including gold and silver. Through its technical expertise and focus on cost-effective operations, Lundin Mining aims to maximize long-term value while meeting industry standards for safety and environmental stewardship.

Operationally, Lundin Mining holds interests in several producing assets across the Americas and Europe.