Ventum Cap Mkts Predicts Lundin Mining Q4 Earnings

Lundin Mining Co. (OTCMKTS:LUNMF) – Equities research analysts at Ventum Cap Mkts issued their Q4 2024 EPS estimates for Lundin Mining in a report released on Thursday, November 21st. Ventum Cap Mkts analyst C. Mackay expects that the basic materials company will post earnings of $0.22 per share for the quarter. The consensus estimate for Lundin Mining’s current full-year earnings is $0.58 per share. Ventum Cap Mkts also issued estimates for Lundin Mining’s Q1 2025 earnings at $0.12 EPS, Q2 2025 earnings at $0.12 EPS and Q3 2025 earnings at $0.12 EPS.

Lundin Mining Stock Down 5.0 %

Shares of OTCMKTS:LUNMF opened at $9.73 on Monday. The business’s 50 day moving average is $10.15 and its 200 day moving average is $10.45. The stock has a market cap of $7.56 billion, a P/E ratio of 28.44, a price-to-earnings-growth ratio of 0.36 and a beta of 1.50. Lundin Mining has a 52-week low of $6.51 and a 52-week high of $13.26. 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 (OTCMKTS:LUNMF) last posted its quarterly earnings results on Wednesday, November 6th. The basic materials company reported $0.09 EPS for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.09). Lundin Mining had a return on equity of 5.02% and a net margin of 6.63%. The company had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1.10 billion.

Lundin Mining Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, December 11th. Stockholders of record on Monday, December 2nd will be paid a dividend of $0.0647 per share. The ex-dividend date of this dividend is Friday, November 29th. This represents a dividend yield of 2.56%. Lundin Mining’s dividend payout ratio is presently 72.22%.

About Lundin Mining

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.