Brokers Issue Forecasts for Lundin Mining Q4 Earnings

Lundin Mining Co. (OTCMKTS:LUNMF) – Stock analysts at Ventum Cap Mkts issued their Q4 2024 EPS estimates for shares of Lundin Mining in a report issued on Thursday, November 21st. Ventum Cap Mkts analyst C. Mackay expects that the basic materials company will post earnings of $0.22 per share for the quarter. The consensus estimate for Lundin Mining’s current full-year earnings is $0.58 per share. Ventum Cap Mkts also issued estimates for Lundin Mining’s Q1 2025 earnings at $0.12 EPS, Q2 2025 earnings at $0.12 EPS and Q3 2025 earnings at $0.12 EPS.

Lundin Mining (OTCMKTS:LUNMF) last released its quarterly earnings data on Wednesday, November 6th. The basic materials company reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates 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 Up 0.2 %

OTCMKTS LUNMF opened at $10.12 on Monday. The business’s 50-day moving average is $10.13 and its 200 day moving average is $10.46. The stock has a market capitalization of $7.86 billion, a PE ratio of 28.11, a PEG ratio of 0.36 and a beta of 1.50. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.40 and a quick ratio of 1.00. Lundin Mining has a 1 year low of $6.51 and a 1 year high of $13.26.

Lundin Mining Cuts Dividend

The business also recently declared a dividend, which will be paid on Wednesday, December 11th. Investors of record on Monday, December 2nd will be paid a $0.0647 dividend. This represents a yield of 2.56%. The ex-dividend date is Friday, November 29th. Lundin Mining’s payout ratio is currently 72.22%.

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.