Lundin Mining Co. (TSE:LUN – Free Report) – Raymond James decreased their FY2024 EPS estimates for shares of Lundin Mining in a research note issued to investors on Wednesday, October 23rd. Raymond James analyst F. Hamed now forecasts that the mining company will earn $0.86 per share for the year, down from their previous estimate of $0.88. Raymond James also issued estimates for Lundin Mining’s Q4 2024 earnings at $0.32 EPS.
Lundin Mining (TSE:LUN – Get Free Report) last issued its earnings results on Tuesday, July 30th. The mining company reported C$0.22 earnings per share for the quarter, missing the consensus estimate of C$0.25 by C($0.03). Lundin Mining had a return on equity of 5.04% and a net margin of 4.21%. The firm had revenue of C$1.48 billion during the quarter, compared to analyst estimates of C$1.51 billion.
View Our Latest Analysis on LUN
Lundin Mining Stock Performance
The company has a debt-to-equity ratio of 24.64, a quick ratio of 0.90 and a current ratio of 1.49. The company has a market capitalization of C$10.97 billion, a price-to-earnings ratio of 51.14, a PEG ratio of -0.26 and a beta of 1.66. Lundin Mining has a 52-week low of C$8.18 and a 52-week high of C$17.97. The company’s fifty day simple moving average is C$13.50 and its 200 day simple moving average is C$14.64.
Insider Buying and Selling
In other news, Director Jack Oliver Lundin purchased 65,000 shares of Lundin Mining stock in a transaction on Tuesday, September 3rd. The shares were purchased at an average cost of C$12.55 per share, for a total transaction of C$815,854.00. 15.70% of the stock is currently owned by corporate insiders.
About Lundin Mining
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.
Featured Articles
- Five stocks we like better than Lundin Mining
- The Significance of a Trillion-Dollar Market Cap Goes Beyond a Number
- Maximize Portfolio Income with These 3 Dividend ETFs
- Roth IRA Calculator: Calculate Your Potential Returns
- Talen Energy: A Nuclear Power Stock That Can Keep Winning
- Compound Interest and Why It Matters When Investing
- Rocket Lab Stock Soars Higher: Can It Keep Climbing?
Receive News & Ratings for Lundin Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lundin Mining and related companies with MarketBeat.com's FREE daily email newsletter.