FY2026 EPS Estimates for Lundin Mining Lowered by Scotiabank

Lundin Mining Co. (TSE:LUN) – Research analysts at Scotiabank cut their FY2026 earnings estimates for shares of Lundin Mining in a note issued to investors on Wednesday, August 19th. Scotiabank analyst O. Wowkodaw now expects that the mining company will earn $1.59 per share for the year, down from their prior estimate of $1.73. Scotiabank has a “Sector Outperform” rating and a $42.00 price objective on the stock. Scotiabank also issued estimates for Lundin Mining’s FY2027 earnings at $1.71 EPS.

Lundin Mining (TSE:LUN) last posted its quarterly earnings data on Wednesday, August 5th. The mining company reported C$0.43 EPS for the quarter. Lundin Mining had a net margin of 35.11% and a return on equity of 22.97%. The firm had revenue of C$1.72 billion during the quarter.

A number of other analysts have also commented on the company. National Bank Financial dropped their price target on Lundin Mining from C$43.50 to C$42.50 and set a “sector perform” rating on the stock in a report on Tuesday, July 14th. Canaccord Genuity Group downgraded Lundin Mining from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 6th. ATB Cormark Capital Markets cut their price target on shares of Lundin Mining from C$42.50 to C$41.50 and set an “outperform” rating on the stock in a report on Monday. Dnb Carnegie raised shares of Lundin Mining to a “hold” rating in a research report on Friday, July 3rd. Finally, The Goldman Sachs Group boosted their target price on shares of Lundin Mining from C$40.80 to C$48.20 in a research note on Friday, June 5th. Eight equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of C$39.71.

Lundin Mining Price Performance

Shares of TSE LUN opened at C$38.50 on Monday. The company has a market capitalization of C$32.77 billion, a PE ratio of 22.00, a PEG ratio of -0.26 and a beta of 2.30. The company has a quick ratio of 0.90, a current ratio of 1.60 and a debt-to-equity ratio of 2.88. The stock’s 50 day moving average price is C$35.59 and its 200-day moving average price is C$36.66. Lundin Mining has a twelve month low of C$15.47 and a twelve month high of C$45.74.

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.