Brokers Set Expectations for Lundin Mining FY2024 Earnings

Lundin Mining Corp. (OTC:LUNMFFree Report) – Raymond James dropped their FY2024 EPS estimates for Lundin Mining in a report released on Wednesday, January 15th. Raymond James analyst F. Hamed now anticipates that the company will post earnings per share of $0.45 for the year, down from their prior forecast of $0.52. Raymond James also issued estimates for Lundin Mining’s Q4 2024 earnings at $0.14 EPS, Q1 2025 earnings at $0.08 EPS, Q2 2025 earnings at $0.08 EPS, Q3 2025 earnings at $0.09 EPS, Q4 2025 earnings at $0.09 EPS and FY2025 earnings at $0.33 EPS.

Separately, Scotiabank cut Lundin Mining from a “strong-buy” rating to a “hold” rating in a research note on Wednesday.

View Our Latest Stock Report on Lundin Mining

Lundin Mining Stock Performance

OTC:LUNMF opened at $8.47 on Friday. Lundin Mining has a 12-month low of $7.31 and a 12-month high of $13.26. The firm has a market capitalization of $6.55 billion, a PE ratio of 23.53 and a beta of 1.48.

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