Lundin Mining Co. (OTCMKTS:LUNMF – Free Report) – Equities researchers at Scotiabank upped their FY2026 earnings per share (EPS) estimates for shares of Lundin Mining in a research report issued on Wednesday, March 19th. Scotiabank analyst O. Wowkodaw now anticipates that the basic materials company will earn $0.46 per share for the year, up from their prior forecast of $0.45. The consensus estimate for Lundin Mining’s current full-year earnings is $0.53 per share.
Other equities analysts also recently issued reports about the company. Stifel Canada raised Lundin Mining to a “strong-buy” rating in a research report on Wednesday, March 19th. The Goldman Sachs Group upgraded shares of Lundin Mining from a “buy” rating to a “strong-buy” rating in a research note on Thursday, March 6th.
Lundin Mining Stock Performance
LUNMF opened at $9.27 on Monday. The company has a quick ratio of 0.96, a current ratio of 1.40 and a debt-to-equity ratio of 0.28. Lundin Mining has a 52-week low of $7.51 and a 52-week high of $13.26. The company has a market cap of $8.03 billion, a P/E ratio of 25.75, a price-to-earnings-growth ratio of 0.36 and a beta of 1.52. The firm’s 50-day moving average price is $8.52 and its 200-day moving average price is $9.23.
Lundin Mining (OTCMKTS:LUNMF – Get Free Report) last announced its earnings results on Wednesday, February 19th. The basic materials company reported $0.12 earnings per share for the quarter, missing the consensus estimate of $0.22 by ($0.10). Lundin Mining had a net margin of 6.63% and a return on equity of 5.02%. The firm had revenue of $858.90 million during the quarter, compared to analyst estimates of $1.06 billion.
Lundin Mining Cuts Dividend
The company also recently disclosed a dividend, which will be paid on Wednesday, April 9th. Shareholders of record on Monday, March 24th will be paid a dividend of $0.0634 per share. The ex-dividend date of this dividend is Friday, March 21st. This represents a yield of 2.79%. Lundin Mining’s dividend payout ratio (DPR) is currently -92.31%.
Lundin Mining Company Profile
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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