Analysts Offer Predictions for Lundin Mining Q4 Earnings

Lundin Mining Co. (OTCMKTS:LUNMF) – Equities research analysts at Stifel Canada issued their Q4 2024 earnings estimates for Lundin Mining in a report released on Thursday, January 23rd. Stifel Canada analyst C. Mcgill expects that the basic materials company will post earnings per share of $0.15 for the quarter. The consensus estimate for Lundin Mining’s current full-year earnings is $0.53 per share. Stifel Canada also issued estimates for Lundin Mining’s FY2025 earnings at $0.50 EPS and FY2026 earnings at $0.38 EPS.

Lundin Mining Stock Up 1.0 %

Lundin Mining stock opened at $8.49 on Friday. The business has a fifty day moving average price of $9.10 and a 200-day moving average price of $9.70. Lundin Mining has a 1-year low of $7.51 and a 1-year high of $13.26. The stock has a market capitalization of $7.37 billion, a price-to-earnings ratio of 23.58, 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 (OTCMKTS:LUNMF) 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). Lundin Mining had a net margin of 6.63% and a return on equity of 5.02%. The firm had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1.10 billion.

Lundin Mining Cuts Dividend

The business also recently announced 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 (DPR) is presently 75.00%.

Lundin Mining Company Profile

Lundin Mining Corporation, a diversified base metals mining company, engages in the exploration, development, and mining of mineral properties in 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.