Analysts Offer Predictions for Lundin Mining FY2026 Earnings

Lundin Mining Co. (TSE:LUN) – Investment analysts at Scotiabank decreased their FY2026 earnings per share estimates for shares of Lundin Mining in a research note issued to investors on Wednesday, August 19th. Scotiabank analyst O. Wowkodaw now anticipates that the mining company will earn $1.59 per share for the year, down from their previous estimate of $1.73. Scotiabank has a “Sector Outperform” rating and a $42.00 price target on the stock. Scotiabank also issued estimates for Lundin Mining’s FY2027 earnings at $1.71 EPS.

Other research analysts also recently issued reports about the stock. Canaccord Genuity Group downgraded shares of Lundin Mining from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 6th. The Goldman Sachs Group boosted their price objective on shares of Lundin Mining from C$40.80 to C$48.20 in a report on Friday, June 5th. Barclays upped their price objective on shares of Lundin Mining from C$42.00 to C$43.00 in a research report on Thursday, July 16th. Dnb Carnegie upgraded Lundin Mining to a “hold” rating in a research note on Friday, July 3rd. Finally, ATB Cormark Capital Markets dropped their target price on Lundin Mining from C$42.50 to C$41.50 and set an “outperform” rating on the stock in a research report on Monday. Eight research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of C$39.71.

Lundin Mining Price Performance

Shares of TSE LUN opened at C$38.10 on Monday. The company has a debt-to-equity ratio of 2.88, a current ratio of 1.60 and a quick ratio of 0.90. Lundin Mining has a 1-year low of C$15.47 and a 1-year high of C$45.74. The company has a market capitalization of C$32.43 billion, a price-to-earnings ratio of 21.77, a PEG ratio of -0.26 and a beta of 2.30. The business has a 50-day moving average of C$35.64 and a 200-day moving average of C$36.62.

Lundin Mining (TSE:LUN) last released its quarterly earnings data on Wednesday, August 5th. The mining company reported C$0.43 EPS for the quarter. The company had revenue of C$1.72 billion for the quarter. Lundin Mining had a return on equity of 22.97% and a net margin of 35.11%.

About Lundin Mining

Lundin Mining Corp is a diversified Canadian base metals mining company with operations in Brazil Chile Portugal Sweden and the United States of America producing copper zinc gold and nickel. Its material mineral properties include Candelaria Chapada Eagle and Neves-Corvo.