Lundin Mining FY2027 EPS Estimate Decreased by Stifel Canada

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

A number of other equities research analysts have also commented on the company. Ventum Financial raised their price objective on Lundin Mining from C$18.50 to C$19.00 in a research report on Friday, October 18th. Royal Bank of Canada decreased their price target on shares of Lundin Mining from C$20.00 to C$16.00 and set a “sector perform” rating for the company in a report on Tuesday, September 10th. Raymond James dropped their price objective on shares of Lundin Mining from C$16.00 to C$15.00 in a research note on Tuesday, December 10th. UBS Group lifted their target price on shares of Lundin Mining from C$16.00 to C$17.00 in a research note on Monday, December 9th. Finally, JPMorgan Chase & Co. raised shares of Lundin Mining from a “neutral” rating to an “overweight” rating and dropped their price target for the stock from C$18.20 to C$17.30 in a research note on Tuesday, August 20th. Six research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of C$17.72.

Lundin Mining Stock Performance

Shares of Lundin Mining stock opened at C$12.29 on Tuesday. The stock has a market cap of C$9.55 billion, a PE ratio of 43.86, a price-to-earnings-growth ratio of -0.26 and a beta of 1.66. Lundin Mining has a 12 month low of C$9.85 and a 12 month high of C$17.97. 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 business has a fifty day simple moving average of C$13.91 and a 200-day simple moving average of C$14.06.

Lundin Mining (TSE:LUN) last posted its quarterly earnings data on Wednesday, November 6th. The mining company reported C$0.12 EPS for the quarter, missing analysts’ consensus estimates of C$0.24 by C($0.12). Lundin Mining had a return on equity of 5.04% and a net margin of 4.21%. The firm had revenue of C$1.46 billion during the quarter, compared to analyst estimates of C$1.49 billion.

Lundin Mining Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 11th. Shareholders of record on Friday, November 29th were given a dividend of $0.09 per share. The ex-dividend date was Friday, November 29th. This represents a $0.36 dividend on an annualized basis and a yield of 2.93%. Lundin Mining’s payout ratio is currently 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.