Lundin Mining Co. (OTCMKTS:LUNMF – Free Report) – Equities researchers at Scotiabank boosted their FY2026 earnings per share estimates for Lundin Mining in a research report issued on Wednesday, March 19th. Scotiabank analyst O. Wowkodaw now forecasts that the basic materials company will earn $0.46 per share for the year, up from their prior estimate of $0.45. The consensus estimate for Lundin Mining’s current full-year earnings is $0.53 per share.
A number of other equities research analysts have also recently commented on LUNMF. The Goldman Sachs Group raised Lundin Mining from a “buy” rating to a “strong-buy” rating in a report on Thursday, March 6th. Stifel Canada raised shares of Lundin Mining to a “strong-buy” rating in a research note on Wednesday, March 19th.
Lundin Mining Price Performance
OTCMKTS LUNMF opened at $9.27 on Monday. The stock has a market cap of $8.03 billion, a price-to-earnings ratio of 25.75, a PEG ratio of 0.36 and a beta of 1.52. Lundin Mining has a 12 month low of $7.51 and a 12 month high of $13.26. The company’s 50 day moving average is $8.52 and its two-hundred day moving average is $9.23. The company has a current ratio of 1.40, a quick ratio of 0.96 and a debt-to-equity ratio of 0.28.
Lundin Mining (OTCMKTS:LUNMF – Get Free Report) last posted its quarterly earnings data on Wednesday, February 19th. The basic materials company reported $0.12 EPS for the quarter, missing the consensus estimate of $0.22 by ($0.10). Lundin Mining had a return on equity of 5.02% and a net margin of 6.63%. The company had revenue of $858.90 million during the quarter, compared to analysts’ expectations of $1.06 billion.
Lundin Mining Cuts Dividend
The firm also recently declared a dividend, which will be paid on Wednesday, April 9th. Investors of record on Monday, March 24th will be paid a dividend of $0.0634 per share. This represents a dividend yield of 2.79%. The ex-dividend date is Friday, March 21st. Lundin Mining’s dividend payout ratio is currently -92.31%.
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.
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