Lundin Mining FY2025 EPS Forecast Reduced by Stifel Canada

Lundin Mining Co. (TSE:LUN) – Investment analysts at Stifel Canada decreased their FY2025 earnings per share (EPS) estimates for Lundin Mining in a research report issued on Tuesday, October 15th. Stifel Canada analyst C. Mcgill now anticipates that the mining company will post earnings per share of $0.88 for the year, down from their prior forecast of $0.89.

Other analysts have also issued research reports about the company. Royal Bank of Canada decreased their price objective on Lundin Mining from C$20.00 to C$16.00 and set a “sector perform” rating on the stock in a research note on Tuesday, September 10th. National Bankshares reduced their target price on Lundin Mining from C$19.50 to C$18.50 and set an “outperform” rating on the stock in a research report on Monday, July 15th. Eight Capital increased their target price on Lundin Mining from C$16.00 to C$17.50 in a research report on Thursday, July 11th. Morgan Stanley increased their target price on Lundin Mining from C$20.00 to C$20.70 in a research report on Friday, June 21st. Finally, CIBC increased their target price on Lundin Mining from C$16.00 to C$17.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 6th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and nine have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of C$17.54.

Lundin Mining Stock Up 2.3 %

LUN opened at C$14.47 on Friday. The company has a quick ratio of 0.90, a current ratio of 1.49 and a debt-to-equity ratio of 24.64. The firm has a market cap of C$11.24 billion, a P/E ratio of 51.68, a PEG ratio of -0.26 and a beta of 1.66. Lundin Mining has a 52 week low of C$8.18 and a 52 week high of C$17.97. The business’s fifty day simple moving average is C$13.39 and its 200 day simple moving average is C$14.64.

Lundin Mining (TSE:LUN) last posted its quarterly earnings data on Tuesday, July 30th. The mining company reported C$0.22 EPS for the quarter, missing analysts’ consensus estimates of C$0.25 by C($0.03). The company had revenue of C$1.48 billion for the quarter, compared to analyst estimates of C$1.51 billion. Lundin Mining had a net margin of 4.21% and a return on equity of 5.04%.

Insider Activity at Lundin Mining

In related news, Director Jack Oliver Lundin bought 65,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 3rd. The shares were acquired at an average cost of C$12.55 per share, for a total transaction of C$815,854.00. Company insiders own 15.70% of the company’s stock.

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.