Cormark Issues Negative Outlook for Lundin Mining Earnings

Lundin Mining Co. (OTCMKTS:LUNMF) – Analysts at Cormark dropped their Q1 2025 earnings per share (EPS) estimates for Lundin Mining in a research note issued to investors on Tuesday, January 21st. Cormark analyst S. Ioannou now expects that the basic materials company will post earnings of $0.18 per share 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 Price Performance

Shares of OTCMKTS:LUNMF opened at $8.79 on Wednesday. The stock’s fifty day simple moving average is $9.14 and its two-hundred day simple moving average is $9.72. The stock has a market cap of $7.63 billion, a PE ratio of 24.42, a price-to-earnings-growth ratio of 0.36 and a beta of 1.48. The company has a current ratio of 1.40, a quick ratio of 0.96 and a debt-to-equity ratio of 0.28. Lundin Mining has a 1-year low of $7.37 and a 1-year high of $13.26.

Lundin Mining (OTCMKTS:LUNMF) last posted its 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 the consensus estimate of $1.10 billion. Lundin Mining had a net margin of 6.63% and a return on equity of 5.02%.

Lundin Mining Cuts Dividend

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