Lundin Mining Co. (OTCMKTS:LUNMF - Free Report) - Equities research analysts at Scotiabank boosted their FY2026 earnings estimates for Lundin Mining in a note issued to investors on Wednesday, March 19th. Scotiabank analyst O. Wowkodaw now anticipates that the basic materials company will post earnings of $0.46 per share for the year, up from their prior forecast of $0.45. The consensus estimate for Lundin Mining's current full-year earnings is $0.53 per share.
Lundin Mining (OTCMKTS:LUNMF - Get Free Report) last issued its quarterly earnings results on Wednesday, February 19th. The basic materials company reported $0.12 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.22 by ($0.10). Lundin Mining had a return on equity of 5.02% and a net margin of 6.63%. The firm had revenue of $858.90 million during the quarter, compared to analysts' expectations of $1.06 billion.
Several other analysts also recently weighed in on LUNMF. The Goldman Sachs Group upgraded shares of Lundin Mining from a "buy" rating to a "strong-buy" rating in a research report on Thursday, March 6th. Stifel Canada upgraded shares of Lundin Mining to a "strong-buy" rating in a research report on Wednesday, March 19th.
Read Our Latest Stock Report on LUNMF
Shares of Lundin Mining stock opened at $8.72 on Monday. Lundin Mining has a 52-week low of $7.51 and a 52-week high of $13.26. The company has a 50 day moving average of $8.50 and a 200 day moving average of $9.23. The company has a quick ratio of 0.96, a current ratio of 1.40 and a debt-to-equity ratio of 0.28. The company has a market capitalization of $7.55 billion, a P/E ratio of 24.22, a P/E/G ratio of 0.36 and a beta of 1.52.
The firm also recently announced a dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Monday, March 24th will be issued a $0.0634 dividend. The ex-dividend date of this dividend is Friday, March 21st. This represents a dividend yield of 2.79%. Lundin Mining's payout ratio is -92.31%.
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.
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