Cormark Has Pessimistic Outlook of Lundin Mining Q1 Earnings

Lundin Mining Co. (TSE:LUN) – Research analysts at Cormark reduced their Q1 2025 earnings per share estimates for Lundin Mining in a report released on Friday, February 28th. Cormark analyst S. Ioannou now anticipates that the mining company will post earnings of $0.21 per share for the quarter, down from their prior forecast of $0.26. Cormark also issued estimates for Lundin Mining’s Q2 2025 earnings at $0.21 EPS, Q3 2025 earnings at $0.21 EPS, Q4 2025 earnings at $0.21 EPS, FY2025 earnings at $0.85 EPS, Q1 2026 earnings at $0.26 EPS and Q2 2026 earnings at $0.26 EPS.

LUN has been the subject of a number of other reports. Stifel Nicolaus dropped their price objective on Lundin Mining from C$17.50 to C$16.00 and set a “buy” rating for the company in a research note on Thursday, January 30th. Raymond James dropped their price objective on Lundin Mining from C$15.00 to C$14.00 and set a “market perform” rating for the company in a research note on Thursday, January 16th. Jefferies Financial Group dropped their price objective on Lundin Mining from C$20.00 to C$16.00 in a research note on Monday, January 6th. UBS Group dropped their price objective on Lundin Mining from C$17.00 to C$15.50 in a research note on Tuesday, January 7th. Finally, Scotiabank cut Lundin Mining from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 15th. Seven investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of C$17.19.

Lundin Mining Trading Up 0.8 %

Shares of TSE LUN opened at C$11.36 on Monday. Lundin Mining has a twelve month low of C$10.71 and a twelve month high of C$17.97. The company has a current ratio of 1.40, a quick ratio of 0.90 and a debt-to-equity ratio of 41.58. The stock has a fifty day simple moving average of C$12.16 and a 200-day simple moving average of C$13.04. The stock has a market capitalization of C$6.94 billion, a PE ratio of 22.54, a PEG ratio of -0.26 and a beta of 1.66.

Lundin Mining Company Profile

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.