Lundin Mining (OTCMKTS:LUNMF) Shares Gap Down – What’s Next?

Posted by Brenda Bartman on Jul 23rd, 2026

Lundin Mining Corp. (OTCMKTS:LUNMF – Get Free Report)’s share price gapped down before the market opened on Thursday . The stock had previously closed at $26.60, but opened at $25.00. Lundin Mining shares last traded at $26.25, with a volume of 5,057 shares traded.

Analysts Set New Price Targets

A number of research firms recently weighed in on LUNMF. Scotiabank restated an “outperform” rating on shares of Lundin Mining in a research note on Tuesday, July 7th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Lundin Mining in a report on Thursday, July 2nd. Barclays raised shares of Lundin Mining to a “hold” rating in a research report on Friday, May 22nd. Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating on shares of Lundin Mining in a research report on Tuesday, April 21st. Finally, Dnb Carnegie upgraded shares of Lundin Mining to a “hold” rating in a research note on Friday, July 3rd. Four research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold”.

Read Our Latest Research Report on Lundin Mining

Lundin Mining Trading Down 1.8%

The company has a market cap of $22.31 billion, a price-to-earnings ratio of 15.55, a PEG ratio of 1.05 and a beta of 1.25. The company has a quick ratio of 1.29, a current ratio of 1.81 and a debt-to-equity ratio of 0.04. The business’s fifty day simple moving average is $26.41 and its two-hundred day simple moving average is $26.21.

Lundin Mining (OTCMKTS:LUNMF – Get Free Report) last issued its earnings results on Wednesday, May 6th. The basic materials company reported $0.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.02. The business had revenue of $1.16 billion during the quarter, compared to analysts’ expectations of $1.16 billion. Lundin Mining had a net margin of 32.67% and a return on equity of 11.69%. On average, equities analysts predict that Lundin Mining Corp. will post 1.33 EPS for the current year.

Lundin Mining Company Profile

(Get Free Report)

Lundin Mining Corporation is a Canada-based diversified base metals mining company engaged in the acquisition, exploration, development, and operation of mines. The company’s portfolio encompasses copper, nickel, zinc, and lead, with by-products including gold and silver. Through its technical expertise and focus on cost-effective operations, Lundin Mining aims to maximize long-term value while meeting industry standards for safety and environmental stewardship.

Operationally, Lundin Mining holds interests in several producing assets across the Americas and Europe.