Lundin Mining Co. (TSE:LUN – Get Rating) – Equities research analysts at Raymond James cut their FY2023 EPS estimates for shares of Lundin Mining in a research note issued to investors on Monday, January 16th. Raymond James analyst F. Hamed now forecasts that the mining company will earn $0.60 per share for the year, down from their prior estimate of $0.81. Raymond James currently has a “Market Perform” rating and a $10.00 target price on the stock. The consensus estimate for Lundin Mining’s current full-year earnings is $0.74 per share.
Lundin Mining (TSE:LUN – Get Rating) last issued its earnings results on Tuesday, October 25th. The mining company reported C$0.05 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of C$0.05. The company had revenue of C$846.18 million during the quarter, compared to analyst estimates of C$924.47 million.
Lundin Mining Stock Performance
Shares of Lundin Mining stock opened at C$9.37 on Thursday. The firm has a market cap of C$7.22 billion and a PE ratio of 10.18. The firm’s 50-day simple moving average is C$8.53 and its 200-day simple moving average is C$7.62. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.90 and a current ratio of 1.35. Lundin Mining has a 1 year low of C$6.24 and a 1 year high of C$14.00.
Lundin Mining Company Profile
Lundin Mining Corporation, a diversified base metals mining company, engages in the exploration, development, and mining of mineral properties in Brazil, Chile, Portugal, Sweden, and the United States. It primarily produces copper, zinc, nickel, and gold, as well as lead, silver, and other metals. The company holds 100% interests in the Chapada mine located in Brazil; the Neves-Corvo mine located in Portugal; the Eagle mine located in the United States; and the Zinkgruvan mine located in Sweden.
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