FY2026 EPS Estimates for Lundin Mining Raised by Scotiabank

Lundin Mining Corp. (OTCMKTS:LUNMF) – Analysts at Scotiabank lifted their FY2026 earnings per share estimates for Lundin Mining in a report released on Thursday, March 19th. Scotiabank analyst O. Wowkodaw now anticipates that the basic materials company will post earnings per share of $0.99 for the year, up from their prior estimate of $0.97. Scotiabank currently has a “Outperform” rating on the stock. The consensus estimate for Lundin Mining’s current full-year earnings is $0.53 per share. Scotiabank also issued estimates for Lundin Mining’s FY2027 earnings at $0.98 EPS.

Lundin Mining (OTCMKTS:LUNMF) last issued its quarterly earnings data on Thursday, February 19th. The basic materials company reported $0.42 EPS for the quarter, beating the consensus estimate of $0.30 by $0.12. The business had revenue of $1.30 billion during the quarter, compared to the consensus estimate of $1.18 billion. Lundin Mining had a net margin of 30.48% and a return on equity of 10.02%.

Other equities analysts have also recently issued research reports about the company. Citigroup reaffirmed a “buy” rating on shares of Lundin Mining in a report on Wednesday, February 11th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Lundin Mining in a research note on Tuesday, February 24th. Raymond James Financial reaffirmed a “market perform” rating on shares of Lundin Mining in a research note on Wednesday, January 14th. TD Securities reiterated a “buy” rating on shares of Lundin Mining in a report on Monday, February 23rd. Finally, National Bank Financial downgraded shares of Lundin Mining from an “outperform” rating to a “hold” rating in a research report on Monday, February 16th. Two analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy”.

Lundin Mining Stock Up 7.5%

Shares of LUNMF opened at $23.22 on Monday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.17 and a current ratio of 1.64. Lundin Mining has a 52 week low of $6.30 and a 52 week high of $33.29. The stock has a market capitalization of $19.84 billion, a price-to-earnings ratio of 15.48, a PEG ratio of 1.16 and a beta of 1.15. The stock has a fifty day moving average of $26.20 and a 200-day moving average of $20.34.

Lundin Mining Company Profile

Lundin Mining Corporation is a Canada-based diversified base metals mining company engaged in the acquisition, exploration, development, and operation of mines. The company’s portfolio encompasses copper, nickel, zinc, and lead, with by-products including gold and silver. Through its technical expertise and focus on cost-effective operations, Lundin Mining aims to maximize long-term value while meeting industry standards for safety and environmental stewardship.

Operationally, Lundin Mining holds interests in several producing assets across the Americas and Europe.