Desjardins Issues Pessimistic Forecast for Lundin Mining (TSE:LUN) Stock Price

Lundin Mining (TSE:LUN) had its target price lowered by stock analysts at Desjardins from C$44.00 to C$42.00 in a research note issued on Thursday,BayStreet.CA reports. The brokerage presently has a “buy” rating on the mining company’s stock. Desjardins’ target price indicates a potential upside of 17.09% from the company’s previous close.

Other analysts have also recently issued research reports about the company. BMO Capital Markets lifted their price target on Lundin Mining from C$36.00 to C$45.00 in a report on Wednesday, April 22nd. Barclays increased their price objective on shares of Lundin Mining from C$42.00 to C$43.00 in a report on Thursday, July 16th. National Bank Financial decreased their target price on shares of Lundin Mining from C$43.50 to C$42.50 and set a “sector perform” rating on the stock in a research report on Tuesday, July 14th. The Goldman Sachs Group boosted their target price on shares of Lundin Mining from C$40.80 to C$48.20 in a report on Friday, June 5th. Finally, Canaccord Genuity Group lowered shares of Lundin Mining from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 6th. Eight research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of C$39.64.

Lundin Mining Trading Up 1.8%

Shares of TSE:LUN traded up C$0.62 during midday trading on Thursday, reaching C$35.87. The company’s stock had a trading volume of 830,346 shares, compared to its average volume of 2,752,382. The firm has a market cap of C$30.54 billion, a price-to-earnings ratio of 20.50, a price-to-earnings-growth ratio of -0.26 and a beta of 2.30. The company has a quick ratio of 0.90, a current ratio of 1.60 and a debt-to-equity ratio of 2.88. Lundin Mining has a 1 year low of C$15.00 and a 1 year high of C$45.74. The business has a 50 day moving average price of C$35.69 and a 200 day moving average price of C$36.58.

Lundin Mining (TSE:LUN) last released its earnings results on Wednesday, August 5th. The mining company reported C$0.43 EPS for the quarter. Lundin Mining had a return on equity of 22.97% and a net margin of 35.11%.The firm had revenue of C$1.72 billion during the quarter.

Lundin Mining News Summary

Here are the key news stories impacting Lundin Mining this week:

• Negative Sentiment: The latest storm affected operations at the Caserones and Candelaria copper mines, with severe weather disrupting access, logistics and production activities. The company expects the impact to reduce 2026 output, although the operational effects are being assessed as conditions improve. Lundin revises copper guidance after second storm hits Chile
• Negative Sentiment: Lundin lowered Caserones’ full-year 2026 copper-production guidance by approximately 10,000 tonnes, resulting in a corresponding reduction to its broader copper outlook. The cut adds to concerns about execution, lost production and potential cost pressure at the Chilean assets. Lundin Mining Cuts 2026 Copper Production Guidance After Severe Storms in Chile
• Neutral Sentiment: The company’s announcements indicate that the disruption is weather-related rather than a change in mine reserves or long-term asset economics. Investors will likely focus on the speed of the recovery, the final scale of production losses and whether further guidance changes are needed. Lundin Mining Provides Update on Chile Operations After Second Winter Storm

About Lundin Mining

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.