Cormark Has Pessimistic View of Lundin Mining Q1 Earnings

Lundin Mining Co. (OTCMKTS:LUNMF) – Equities research analysts at Cormark reduced their Q1 2025 earnings estimates for Lundin Mining in a research note issued to investors on Tuesday, May 6th. Cormark analyst S. Ioannou now expects that the basic materials company will post earnings of $0.13 per share for the quarter, down from their prior forecast of $0.15. 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 $0.14 EPS, FY2025 earnings at $0.59 EPS, Q1 2026 earnings at $0.19 EPS, Q2 2026 earnings at $0.19 EPS, Q3 2026 earnings at $0.19 EPS and Q4 2026 earnings at $0.19 EPS.

Other research analysts have also recently issued reports about the stock. Desjardins raised shares of Lundin Mining to a “moderate buy” rating in a report on Thursday, April 3rd. TD Securities raised Lundin Mining from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 15th. Scotiabank reissued an “outperform” rating on shares of Lundin Mining in a report on Monday. UBS Group downgraded Lundin Mining from a “strong-buy” rating to a “hold” rating in a research note on Friday, May 2nd. Finally, The Goldman Sachs Group raised shares of Lundin Mining from a “buy” rating to a “strong-buy” rating in a research note on Thursday, March 6th. One equities research analyst has rated the stock with a hold rating, one has issued a buy rating and four have assigned a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Strong Buy”.

Lundin Mining Trading Down 1.6 %

OTCMKTS:LUNMF opened at $8.39 on Wednesday. The stock has a market capitalization of $7.22 billion, a price-to-earnings ratio of 23.31, a PEG ratio of 0.36 and a beta of 1.29. Lundin Mining has a 1 year low of $6.30 and a 1 year high of $13.26. The stock has a fifty day moving average price of $8.19 and a two-hundred day moving average price of $8.76. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.96 and a current ratio of 1.40.

Lundin Mining (OTCMKTS:LUNMF) last released its earnings results on Wednesday, May 7th. The basic materials company reported $0.11 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.11. Lundin Mining had a return on equity of 5.02% and a net margin of 6.63%. The company had revenue of $963.90 million for the quarter, compared to analysts’ expectations of $914.31 million.

Lundin Mining Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, April 9th. Stockholders of record on Monday, March 24th were given a $0.0634 dividend. The ex-dividend date of this dividend was Friday, March 21st. This represents a dividend yield of 2.79%. Lundin Mining’s dividend payout ratio is currently -92.31%.

Lundin Mining Company Profile

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.