Lundin Mining Q4 EPS Estimate Decreased by Ventum Cap Mkts

Lundin Mining Co. (OTCMKTS:LUNMF) – Stock analysts at Ventum Cap Mkts cut their Q4 2024 earnings per share estimates for Lundin Mining in a research report issued to clients and investors on Tuesday, February 11th. Ventum Cap Mkts analyst C. Mackay now anticipates that the basic materials company will post earnings per share of $0.13 for the quarter, down from their previous estimate of $0.22. The consensus estimate for Lundin Mining’s current full-year earnings is $0.53 per share. Ventum Cap Mkts also issued estimates for Lundin Mining’s Q1 2025 earnings at $0.10 EPS, Q2 2025 earnings at $0.05 EPS and Q3 2025 earnings at $0.05 EPS.

Lundin Mining Stock Up 1.6 %

LUNMF opened at $8.71 on Friday. The firm has a 50-day simple moving average of $8.61 and a two-hundred day simple moving average of $9.43. Lundin Mining has a 52 week low of $7.51 and a 52 week high of $13.26. The company has a market capitalization of $7.56 billion, a PE ratio of 24.19, a price-to-earnings-growth ratio of 0.36 and a beta of 1.46. The company has a quick ratio of 0.96, a current ratio of 1.40 and a debt-to-equity ratio of 0.28.

Lundin Mining Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, December 11th. Shareholders of record on Monday, December 2nd were issued a dividend of $0.0647 per share. This represents a dividend yield of 2.56%. The ex-dividend date of this dividend was Friday, November 29th. Lundin Mining’s dividend payout ratio (DPR) is presently 75.00%.

Lundin Mining Company Profile

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.