FY2026 EPS Estimates for Lundin Mining Reduced by Scotiabank

Lundin Mining Corp. (OTCMKTS:LUNMF) – Stock analysts at Scotiabank lowered their FY2026 earnings per share (EPS) estimates for Lundin Mining in a research note issued to investors on Wednesday, August 19th. Scotiabank analyst O. Wowkodaw now anticipates that the basic materials company will post earnings of $1.15 per share for the year, down from their prior estimate of $1.22. Scotiabank currently has a “Outperform” rating on the stock. The consensus estimate for Lundin Mining’s current full-year earnings is $1.28 per share. Scotiabank also issued estimates for Lundin Mining’s FY2027 earnings at $1.24 EPS.

LUNMF has been the topic of several other research reports. Barclays upgraded shares of Lundin Mining to a “hold” rating in a research report on Friday, May 22nd. 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. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Lundin Mining in a research note on Thursday, July 2nd. Citigroup restated a “positive” rating on shares of Lundin Mining in a report on Wednesday, July 15th. Finally, Royal Bank Of Canada restated a “sector perform” rating on shares of Lundin Mining in a research report on Thursday, June 18th. Four analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold”.

Lundin Mining Stock Up 0.8%

Shares of LUNMF opened at $27.83 on Monday. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.81 and a quick ratio of 1.29. The stock has a market capitalization of $23.76 billion, a price-to-earnings ratio of 16.08, a price-to-earnings-growth ratio of 1.08 and a beta of 1.26. Lundin Mining has a 1 year low of $11.21 and a 1 year high of $33.29. The business’s 50 day simple moving average is $25.31 and its 200-day simple moving average is $26.45.

Lundin Mining (OTCMKTS:LUNMF) last released its quarterly earnings results on Wednesday, August 5th. The basic materials company reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.34 by ($0.04). Lundin Mining had a net margin of 31.82% and a return on equity of 13.41%. The firm had revenue of $1.21 billion for the quarter, compared to analysts’ expectations of $1.19 billion.

Lundin Mining Company Profile

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.