Raymond James Forecasts Increased Earnings for Lundin Mining

Lundin Mining Co. (TSE:LUN) – Raymond James raised their FY2025 earnings per share (EPS) estimates for Lundin Mining in a research note issued on Tuesday, March 4th. Raymond James analyst F. Hamed now expects that the mining company will earn $0.57 per share for the year, up from their previous estimate of $0.54. Raymond James currently has a “Market Perform” rating and a $14.00 target price on the stock.

Other analysts also recently issued research reports about the company. Jefferies Financial Group dropped their price objective on Lundin Mining from C$20.00 to C$16.00 in a research note on Monday, January 6th. UBS Group dropped their price target on Lundin Mining from C$17.00 to C$15.50 in a report on Tuesday, January 7th. Scotiabank lowered Lundin Mining from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 15th. Finally, Stifel Nicolaus reduced their target price on 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. Seven equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of C$17.19.

Lundin Mining Trading Up 6.4 %

Shares of TSE:LUN opened at C$12.09 on Thursday. Lundin Mining has a twelve month low of C$10.92 and a twelve month high of C$17.97. The company has a current ratio of 1.40, a quick ratio of 0.90 and a debt-to-equity ratio of 41.58. The firm has a market cap of C$7.39 billion, a P/E ratio of 23.99, a P/E/G ratio of -0.26 and a beta of 1.66. The company has a 50 day moving average of C$12.16 and a 200-day moving average of C$13.04.

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.