Lundin Mining Co. (OTCMKTS:LUNMF – Free Report) had their Q3 2024 earnings estimates cut by National Bank Financial on October 14th. Analyst S. Nagle now believes the company will earn $0.08 per share, down from $0.16. The estimated earnings for the full year are $0.62 per share, with FY2024 and FY2025 estimates at $0.50 and $0.51 EPS, respectively.
Additionally, Scotiabank upgraded Lundin Mining to a “hold” rating on July 15th.
Check Out Our Latest Research Report on Lundin Mining
Lundin Mining Stock Performance
LUNMF stock opened at $10.26 on Wednesday. Key financial ratios include a debt-to-equity ratio of 0.22, current ratio of 1.57, and a quick ratio of 1.04. The market capitalization is $7.97 billion, with a P/E ratio of 68.40. The stock has a 1-year low of $5.91 and high of $13.26.
Recently, the company reported $0.16 EPS for the quarter ending July 30th, missing estimates by $0.02. Revenue was $1.08 billion, with a net margin of 4.21%.
Lundin Mining Cuts Dividend
The firm declared a recent dividend of $0.065, yielding 2.6%. Shareholders of record as of September 2nd received it, following an ex-dividend date of August 30th. The payout ratio is 173.33%.
Lundin Mining Company Profile
(Get Free Report) Lundin Mining is a base metals company involved in mining and exploration in several countries, producing copper, zinc, gold, nickel, and more.
Featured Articles
- Five stocks we like better than Lundin Mining
- Learn Technical Analysis Skills to Master the Stock Market
- Taiwan Semiconductor Soars on Earnings With More Room to Run
- The Risks of Owning Bonds
- Is Lucid Group Nearing the Bottom? What Investors Should Know
- What is the Dogs of the Dow Strategy? Overview and Examples
- 90% Gain Possible? Analysts Are Bullish on Joby Aviation
Receive News & Ratings for Lundin Mining Daily – Enter your email below to get daily updates on Lundin Mining and related companies from MarketBeat.com’s FREE daily email newsletter.
`
