FY2027 EPS Estimates for Lundin Mining Raised by Analyst

Lundin Mining Co. (TSE:LUN) – Equities researchers at National Bank Financial raised their FY2027 earnings estimates for shares of Lundin Mining in a note issued to investors on Thursday, February 20th. National Bank Financial analyst S. Nagle now anticipates that the mining company will post earnings of $0.65 per share for the year, up from their prior estimate of $0.53.

LUN has been the subject of a number of other reports. Stifel Nicolaus dropped their price objective on shares of Lundin Mining from C$17.50 to C$16.00 and set a “buy” rating for the company in a report on Thursday, January 30th. UBS Group dropped their price target on Lundin Mining from C$17.00 to C$15.50 in a research note on Tuesday, January 7th. Scotiabank lowered Lundin Mining from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 15th. Raymond James dropped their target price on Lundin Mining from C$15.00 to C$14.00 and set a “market perform” rating for the company in a research report on Thursday, January 16th. Finally, Jefferies Financial Group cut their target price on Lundin Mining from C$20.00 to C$16.00 in a research note on Monday, January 6th. Seven equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of C$17.19.

Lundin Mining Price Performance

Shares of TSE LUN opened at C$11.74 on Monday. The firm has a market capitalization of C$7.17 billion, a P/E ratio of 23.30, a P/E/G ratio of -0.26 and a beta of 1.66. The company has a quick ratio of 0.90, a current ratio of 1.40 and a debt-to-equity ratio of 41.58. The stock’s 50-day simple moving average is C$12.24 and its two-hundred day simple moving average is C$13.09. Lundin Mining has a twelve month low of C$10.56 and a twelve month high of C$17.97.

About Lundin Mining

Lundin Mining Corp is a diversified Canadian base metals mining company with operations in Brazil Chile Portugal Sweden and the United States of America producing copper zinc gold and nickel. Its material mineral properties include Candelaria Chapada Eagle and Neves-Corvo.