Cormark Weighs in on Lundin Mining’s Q1 Earnings (TSE:LUN)

Lundin Mining Co. (TSE:LUN) – Investment analysts at Cormark decreased their Q1 2025 earnings per share estimates for shares of Lundin Mining in a research report issued on Tuesday, January 21st. Cormark analyst S. Ioannou now forecasts that the mining company will post earnings of $0.26 per share for the quarter, down from their prior estimate of $0.33. Cormark also issued estimates for Lundin Mining’s Q2 2025 earnings at $0.26 EPS, Q3 2025 earnings at $0.26 EPS, Q4 2025 earnings at $0.26 EPS and FY2026 earnings at $1.47 EPS.

Several other research firms have also recently weighed in on LUN. Ventum Financial raised their price target on Lundin Mining from C$18.50 to C$19.00 in a report on Friday, October 18th. Scotiabank cut shares of Lundin Mining from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 15th. UBS Group lowered their price target on shares of Lundin Mining from C$17.00 to C$15.50 in a report on Tuesday, January 7th. Jefferies Financial Group reduced their price objective on Lundin Mining from C$20.00 to C$16.00 in a research note on Monday, January 6th. Finally, Raymond James dropped their target price on Lundin Mining from C$15.00 to C$14.00 and set a “market perform” rating for the company in a report on Thursday, January 16th. Seven investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of C$17.31.

Lundin Mining Stock Down 4.2 %

LUN opened at C$12.09 on Wednesday. Lundin Mining has a 52 week low of C$10.14 and a 52 week 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 firm has a 50-day simple moving average of C$13.02 and a two-hundred day simple moving average of C$13.55. The company has a market capitalization of C$9.39 billion, a PE ratio of 43.18, a price-to-earnings-growth ratio of -0.26 and a beta of 1.66.

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

Lundin Mining Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 11th. Stockholders of record on Friday, November 29th were issued a $0.09 dividend. The ex-dividend date was Friday, November 29th. This represents a $0.36 annualized dividend and a dividend yield of 2.98%. Lundin Mining’s dividend 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.