FY2027 EPS Estimates for Lundin Mining Raised by Desjardins

Lundin Mining Corp. (OTCMKTS:LUNMF) – Analysts at Desjardins boosted their FY2027 earnings per share (EPS) estimates for shares of Lundin Mining in a research note issued to investors on Wednesday, November 5th. Desjardins analyst B. Adams now forecasts that the basic materials company will post earnings per share of $1.00 for the year, up from their previous forecast of $0.67. The consensus estimate for Lundin Mining’s current full-year earnings is $0.53 per share.

Several other equities research analysts have also weighed in on the stock. Haywood Securities lowered shares of Lundin Mining from a “strong-buy” rating to a “hold” rating in a report on Friday, September 12th. Scotiabank restated an “outperform” rating on shares of Lundin Mining in a research report on Tuesday, October 28th. TD Securities reaffirmed a “buy” rating on shares of Lundin Mining in a report on Wednesday, September 10th. Finally, Wall Street Zen cut shares of Lundin Mining from a “buy” rating to a “hold” rating in a research note on Monday, November 3rd. Four research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Buy”.

Lundin Mining Stock Performance

Lundin Mining stock opened at $18.06 on Monday. The firm has a market capitalization of $15.47 billion, a P/E ratio of -903.00, a P/E/G ratio of 0.67 and a beta of 1.41. The stock has a fifty day moving average price of $14.47 and a two-hundred day moving average price of $11.66. Lundin Mining has a 52-week low of $6.30 and a 52-week high of $18.70. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.45 and a quick ratio of 0.90.

Lundin Mining Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, September 24th. Stockholders of record on Monday, September 8th were given a dividend of $0.02 per share. The ex-dividend date was Friday, September 5th. This is a positive change from Lundin Mining’s previous dividend of $0.02. This represents a dividend yield of 69.0%. Lundin Mining’s dividend payout ratio (DPR) is currently 175.00%.

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.