FY2026 EPS Estimates for Lundin Mining Raised by Scotiabank

Lundin Mining Co. (TSE:LUN) – Research analysts at Scotiabank lifted their FY2026 EPS estimates for shares of Lundin Mining in a report issued on Thursday, March 19th. Scotiabank analyst O. Wowkodaw now forecasts that the mining company will earn $1.36 per share for the year, up from their prior estimate of $1.33. Scotiabank has a “Outperform” rating and a $31.00 price target on the stock. Scotiabank also issued estimates for Lundin Mining’s FY2027 earnings at $1.35 EPS.

LUN has been the topic of several other research reports. Royal Bank Of Canada lifted their target price on shares of Lundin Mining from C$29.00 to C$42.00 in a report on Thursday, March 12th. Stifel Nicolaus raised their price objective on Lundin Mining from C$26.00 to C$40.00 and gave the company a “buy” rating in a research report on Wednesday, February 11th. TD Securities boosted their price objective on Lundin Mining from C$42.00 to C$45.00 and gave the stock a “buy” rating in a research note on Monday, February 23rd. Desjardins upped their target price on Lundin Mining from C$35.00 to C$42.00 and gave the stock a “buy” rating in a research report on Thursday, March 12th. Finally, Ci Capital raised their target price on Lundin Mining from C$32.00 to C$41.00 in a report on Wednesday, February 11th. Two analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Lundin Mining currently has an average rating of “Moderate Buy” and a consensus price target of C$35.09.

Lundin Mining Price Performance

Lundin Mining stock opened at C$31.79 on Monday. The firm has a fifty day moving average of C$35.82 and a 200-day moving average of C$28.17. Lundin Mining has a 52-week low of C$8.94 and a 52-week high of C$45.74. The company has a quick ratio of 0.90, a current ratio of 1.64 and a debt-to-equity ratio of 9.31. The firm has a market capitalization of C$27.17 billion, a P/E ratio of 21.34, a PEG ratio of -0.26 and a beta of 2.01.

Lundin Mining (TSE:LUN) last posted its quarterly earnings results on Friday, February 20th. The mining company reported C$0.59 EPS for the quarter. Lundin Mining had a net margin of 33.65% and a return on equity of 21.95%. The firm had revenue of C$1.51 billion for the quarter.

Lundin Mining Company Profile

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.