Cormark Weighs in on Lundin Mining’s Q1 Earnings (TSE:LUN)

Lundin Mining Co. (TSE:LUN) – Equities researchers at Cormark cut their Q1 2025 earnings estimates for Lundin Mining in a report released on Tuesday, January 21st. Cormark analyst S. Ioannou now expects that the mining company will post earnings per share of $0.26 for the quarter, down from their previous forecast of $0.33. Cormark also issued estimates for Lundin Mining’s Q2 2025 earnings at $0.26 EPS, Q3 2025 earnings at $0.26 EPS, Q4 2025 earnings at $0.26 EPS and FY2026 earnings at $1.47 EPS.

Lundin Mining (TSE:LUN) last issued its quarterly earnings data on Wednesday, November 6th. The mining company reported C$0.12 EPS for the quarter, missing the consensus estimate of C$0.24 by C($0.12). Lundin Mining had a net margin of 4.21% and a return on equity of 5.04%. The business had revenue of C$1.46 billion for the quarter, compared to analysts’ expectations of C$1.49 billion.

Other equities analysts have also issued reports about the stock. Raymond James decreased their price objective on shares of Lundin Mining from C$15.00 to C$14.00 and set a “market perform” rating for the company in a research report on Thursday, January 16th. Ventum Financial lifted their price objective on shares of Lundin Mining from C$18.50 to C$19.00 in a research note on Friday, October 18th. Jefferies Financial Group cut their target price on Lundin Mining from C$20.00 to C$16.00 in a research report on Monday, January 6th. UBS Group reduced their target price on Lundin Mining from C$17.00 to C$15.50 in a research note on Tuesday, January 7th. Finally, Scotiabank downgraded Lundin Mining from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 15th. Seven equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of C$17.31.

Lundin Mining Trading Down 4.2 %

Lundin Mining stock opened at C$12.09 on Wednesday. Lundin Mining has a one year low of C$10.14 and a one year high of C$17.97. The stock has a market cap of C$9.39 billion, a PE ratio of 43.18, a price-to-earnings-growth ratio of -0.26 and a beta of 1.66. The company has a debt-to-equity ratio of 24.64, a quick ratio of 0.90 and a current ratio of 1.49. The stock has a 50-day moving average of C$13.02 and a two-hundred day moving average of C$13.55.

Lundin Mining Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 11th. Investors of record on Friday, November 29th were given a dividend of $0.09 per share. The ex-dividend date of this dividend was Friday, November 29th. This represents a $0.36 annualized dividend and a yield of 2.98%. Lundin Mining’s dividend payout ratio is presently 128.57%.

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.