Cormark Issues Negative Outlook for Lundin Mining Earnings

Lundin Mining Co. (OTCMKTS:LUNMFFree Report) – Cormark decreased their Q1 2025 earnings per share (EPS) estimates for shares of Lundin Mining in a research note issued to investors on Tuesday, January 21st. Cormark analyst S. Ioannou now forecasts that the basic materials company will post earnings per share of $0.18 for the quarter, down from their previous forecast of $0.24. The consensus estimate for Lundin Mining’s current full-year earnings is $0.53 per share. Cormark also issued estimates for Lundin Mining’s Q2 2025 earnings at $0.18 EPS, Q3 2025 earnings at $0.18 EPS, Q4 2025 earnings at $0.18 EPS and FY2026 earnings at $1.02 EPS.

Lundin Mining (OTCMKTS:LUNMFGet Free Report) last released its quarterly earnings results on Wednesday, November 6th. The basic materials company reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.09). The company had revenue of $1.07 billion during the quarter, compared to analyst estimates of $1.10 billion. Lundin Mining had a net margin of 6.63% and a return on equity of 5.02%.

Lundin Mining Stock Performance

Shares of LUNMF opened at $8.41 on Wednesday. The company has a 50-day moving average of $9.12 and a two-hundred day moving average of $9.71. The stock has a market cap of $7.30 billion, a price-to-earnings ratio of 23.36, a PEG ratio of 0.36 and a beta of 1.48. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.40 and a quick ratio of 0.96. Lundin Mining has a one year low of $7.51 and a one year high of $13.26.

Lundin Mining Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, December 11th. Investors of record on Monday, December 2nd were paid a $0.0647 dividend. This represents a yield of 2.56%. The ex-dividend date was Friday, November 29th. Lundin Mining’s dividend payout ratio is 75.00%.

About Lundin Mining

(Get Free Report)

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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