Cormark Issues Negative Estimate for Lundin Mining Earnings

Lundin Mining Co. (OTCMKTS:LUNMF) – Investment analysts at Cormark dropped their Q1 2025 earnings per share (EPS) estimates for Lundin Mining in a research report issued to clients and investors on Tuesday, January 21st. Cormark analyst S. Ioannou now anticipates that the basic materials company will post earnings per share of $0.18 for the quarter, down from their prior estimate of $0.24. The consensus estimate for Lundin Mining’s current full-year earnings is $0.53 per share. Cormark also issued estimates for Lundin Mining’s Q2 2025 earnings at $0.18 EPS, Q3 2025 earnings at $0.18 EPS, Q4 2025 earnings at $0.18 EPS and FY2026 earnings at $1.02 EPS.

Lundin Mining (OTCMKTS:LUNMF) last announced its earnings results on Wednesday, November 6th. The basic materials company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.18 by ($0.09). Lundin Mining had a net margin of 6.63% and a return on equity of 5.02%. The company had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $1.10 billion.

Lundin Mining Stock Down 4.3 %

Shares of Lundin Mining stock opened at $8.41 on Wednesday. The company has a market capitalization of $7.30 billion, a PE ratio of 23.36, a P/E/G ratio of 0.36 and a beta of 1.48. Lundin Mining has a 1-year low of $7.51 and a 1-year high of $13.26. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.40 and a quick ratio of 0.96. The business has a 50-day moving average of $9.12 and a 200-day moving average of $9.71.

Lundin Mining Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, December 11th. Investors of record on Monday, December 2nd were issued a $0.0647 dividend. This represents a yield of 2.56%. The ex-dividend date of this dividend was Friday, November 29th. Lundin Mining’s dividend payout ratio is currently 75.00%.

About Lundin Mining

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.