Should I buy or sell Lundin Mining stock right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Lundin Mining in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" LUNMF shares. View LUNMF analyst ratings or view top-rated stocks .

What is Lundin Mining's stock price target for 2024?

9 equities research analysts have issued twelve-month price targets for Lundin Mining's shares. Their LUNMF share price targets range from $6.50 to $16.00. On average, they expect the company's share price to reach $11.43 in the next year. This suggests that the stock has a possible downside of 1.9%. View analysts price targets for LUNMF or view top-rated stocks among Wall Street analysts .

How have LUNMF shares performed in 2024?

Lundin Mining's stock was trading at $8.20 on January 1st, 2024. Since then, LUNMF shares have increased by 42.1% and is now trading at $11.65. View the best growth stocks for 2024 here .

Are investors shorting Lundin Mining?

Lundin Mining saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 15,710,000 shares, an increase of 75.6% from the March 15th total of 8,947,300 shares. Based on an average daily trading volume, of 151,400 shares, the days-to-cover ratio is presently 103.8 days. View Lundin Mining's Short Interest .

How were Lundin Mining's earnings last quarter?

Lundin Mining Co. (OTCMKTS:LUNMF) released its earnings results on Wednesday, February, 21st. The basic materials company reported $0.10 EPS for the quarter, missing the consensus estimate of $0.16 by $0.06. The basic materials company had revenue of $1.06 billion for the quarter. Lundin Mining had a trailing twelve-month return on equity of 5.13% and a net margin of 7.12%.

How often does Lundin Mining pay dividends? What is the dividend yield for Lundin Mining?

Lundin Mining announced a dividend on Saturday, March 16th. Investors of record on Friday, March 22nd will be paid a dividend of $0.0666 per share on Wednesday, April 10th. This represents a dividend yield of 2.78%. The ex-dividend date of this dividend is Thursday, March 21st. This is a boost from the stock's previous dividend of $0.07. Read our dividend analysis for LUNMF .

Is Lundin Mining a good dividend stock?

Lundin Mining (OTCMKTS:LUNMF) pays an annual dividend of $0.27 per share and currently has a dividend yield of 2.40%. The dividend payout ratio is 84.38%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, LUNMF will have a dividend payout ratio of 26.21% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for LUNMF .

How do I buy shares of Lundin Mining?

Shares of LUNMF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

OTCMKTS:LUNMF

Lundin Mining (LUNMF) Stock Price, News & Analysis

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$11.65

+0.36 (+3.19%)

(As of 04/18/2024 ET)

Compare

Today's Range: $11.38
▼
$11.73
50-Day Range: $7.79
▼
$11.83
52-Week Range: $5.91
▼
$12.17

Volume: 51,659 shs
Average Volume: 200,705 shs
Market Capitalization: $9.02 billion

P/E Ratio: 36.41
Dividend Yield: 2.32%
Price Target: $11.43

Stock Analysis Analyst Forecasts Chart Dividend Earnings Financials Headlines SEC Filings Short Interest

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Lundin Mining MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.56 Rating Score
Upside/Downside: 1.9% Downside
$11.43 Price Target
Short Interest: Bearish
2.03% of Shares Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.80
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 22.62%
From $0.84 to $1.03 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.92 out of 5 stars

1.3

Analyst's Opinion

Consensus Rating
Lundin Mining has received a consensus rating of Moderate Buy. The company's average rating score is 2.56, and is based on 6 buy ratings, 2 hold ratings, and 1 sell rating.
Amount of Analyst Coverage
Lundin Mining has only been the subject of 2 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
2.03% of the outstanding shares of Lundin Mining have been sold short.
Short Interest Ratio / Days to Cover
Lundin Mining has a short interest ratio ("days to cover") of 103.8, which indicates bearish sentiment.
Change versus previous month
Short interest in Lundin Mining has recently increased by 75.58%, indicating that investor sentiment is decreasing significantly.

1.7

Dividend Strength

Dividend Yield
Lundin Mining pays a meaningful dividend of 2.40%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Lundin Mining does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Lundin Mining is 84.38%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on earnings estimates, Lundin Mining will have a dividend payout ratio of 26.21% next year. This indicates that Lundin Mining will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for LUNMF.

2.7

News and Social Media Coverage

News Sentiment
Lundin Mining has a news sentiment score of 0.80. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.42 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Lundin Mining this week, compared to 1 article on an average week.
MarketBeat Follows
Only 1 people have added Lundin Mining to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Lundin Mining insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.40% of the stock of Lundin Mining is held by insiders.
Percentage Held by Institutions
Only 0.06% of the stock of Lundin Mining is held by institutions.

4.4

Earnings and Valuation

Earnings Growth
Earnings for Lundin Mining are expected to grow by 22.62% in the coming year, from $0.84 to $1.03 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Lundin Mining is 36.41, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 147.65.
Price to Earnings Ratio vs. Sector
The P/E ratio of Lundin Mining is 36.41, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 140.25.
Price to Earnings Growth Ratio
Lundin Mining has a PEG Ratio of 0.66. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Lundin Mining has a P/B Ratio of 1.40. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Lundin Mining Stock (OTCMKTS:LUNMF)

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. The company holds 100% interests in the Chapada mine located in Brazil; the Eagle mine located in the United States; the Neves-Corvo mine located in Portugal; and the Zinkgruvan mine located in Sweden. It also holds 80% interests in the Candelaria and Ojos del Salado mining complex; and 51% interest in the Caserones copper-molybdenum mine located in Chile, as well as owns the copper gold Josemaria project located in Argentina. The company was formerly known as South Atlantic Ventures Ltd. and changed its name to Lundin Mining Corporation in August 2004. Lundin Mining Corporation was incorporated in 1994 and is headquartered in Vancouver, Canada.

LUNMF Stock Price History

30 days | 90 days | 365 days | Advanced Chart

LUNMF Stock News Headlines

April 17, 2024 | americanbankingnews.com

Lundin Mining Co. (OTCMKTS:LUNMF) Receives $11.43 Average Target Price from Analysts

April 11, 2024 | finance.yahoo.com

Are Basic Materials Stocks Lagging Ecolab (ECL) This Year?

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Copper prices pop on better China data, tightening market

March 27, 2024 | msn.com

Why This Lundin Mining Analyst Is Turning Bullish

March 20, 2024 | investorplace.com

3 OTC Stocks With the Potential to Deliver Multibagger Paydays by 2026

March 13, 2024 | proactiveinvestors.com

Copper bull market "fast tracked" with higher prices to come soon, Jefferies says

February 23, 2024 | markets.businessinsider.com

Steady Performance and Conservative Growth Strategy Inform Hold Rating for Lundin Mining

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February 23, 2024 | markets.businessinsider.com

Analysts Offer Insights on Materials Companies: Piedmont Lithium (PLL) and Lundin Mining (OtherLUNMF)

February 22, 2024 | msn.com

Lundin Mining reports mixed Q4 results; initiates FY24 outlook

February 12, 2024 | msn.com

Lundin Mining employee dies at Never-Corvo mine in Portugal

February 12, 2024 | marketwatch.com

Lundin Mining Reports Fatal Accident at Mine in Portugal

February 8, 2024 | finance.yahoo.com

Lundin Mining Announces 2023 Mineral Resource and Mineral Reserve Estimates

February 7, 2024 | finance.yahoo.com

Lundin Mining Corporation (LUNMF)

January 15, 2024 | markets.businessinsider.com

National Bank Keeps Their Buy Rating on Lundin Mining (LUNMF)

January 14, 2024 | finance.yahoo.com

Lundin Mining Provides 2024 Guidance & Announces 2023 Production Results

January 4, 2024 | markets.businessinsider.com

Analysts’ Opinions Are Mixed on These Materials Stocks: Lundin Mining (OtherLUNMF) and Methanex (MEOH)

December 31, 2023 | finance.yahoo.com

Lundin Mining Corporation (TSE:LUN) most popular amongst individual investors who own 48% of the shares, institutions hold 37%

December 25, 2023 | markets.businessinsider.com

Jefferies Reaffirms Their Buy Rating on Lundin Mining (LUNMF)

December 16, 2023 | msn.com

Lundin Mining (LUNMF) Price Target Increased by 13.08% to 9.73

December 7, 2023 | msn.com

Lundin Mining to renew normal course issuer bid

December 4, 2023 | finance.yahoo.com

Lundin Mining Announces Completion of CEO Transition Process

November 22, 2023 | finance.yahoo.com

Lundin Mining's (TSE:LUN) 17% CAGR outpaced the company's earnings growth over the same five-year period

November 12, 2023 | seekingalpha.com

Lundin Mining: Solid Q3 Supports A Tentative BUY Rating

November 3, 2023 | markets.businessinsider.com

Analysts Offer Insights on Materials Companies: Albemarle (ALB) and Lundin Mining (OtherLUNMF)

November 1, 2023 | finance.yahoo.com

Top Copper Stocks for Q4 2023

See More Headlines

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Company Calendar

Last Earnings: 2/21/2024
Ex-Dividend for 4/10 Dividend: 3/21/2024
Dividend Payable: 4/10/2024
Today: 4/19/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Sector: Basic Materials
Industry: Metal mining
Sub-Industry: N/A
Current Symbol: OTCMKTS:LUNMF
CUSIP: N/A
CIK: 1377085
Web: www.lundinmining.com
Phone: (416) 342-5560
Fax: 416-348-0303
Employees: 6,019
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $11.43
High Stock Price Target: $16.00
Low Stock Price Target: $6.50
Potential Upside/Downside: -1.9%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.56
Research Coverage: 9 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.32
Trailing P/E Ratio: 36.41
Forward P/E Ratio: 13.87
P/E Growth: 0.66
Net Income: $241.56 million
Net Margins: 7.12%
Pretax Margin: 15.68%
Return on Equity: 5.13%
Return on Assets: 3.20%

Debt

Debt-to-Equity Ratio: 0.20
Current Ratio: 1.48
Quick Ratio: 0.98

Sales & Book Value

Annual Sales: $3.39 billion
Price / Sales: 2.66
Cash Flow: $1.35 per share
Price / Cash Flow: 8.63
Book Value: $8.30 per share
Price / Book: 1.40

Miscellaneous

Outstanding Shares: 774,400,000
Free Float: 771,302,000
Market Cap: $9.02 billion
Optionable: Not Optionable
Beta: 1.67

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Key Executives

Mr. Jack O. A. Lundin (Age 35)
President, CEO & Director
Comp: $109.23k
Mr. Teitur Poulsen (Age 50)
Executive VP & CFO
Comp: $679.46k
Mr. Juan Andres Morel
Executive VP & COO
Mr. David Dicaire
Executive Vice President of Josemaria Project
Mr. Steve Little
Vice President of Technology & Innovation
Mr. Stephen Charles-Hadfield Williams M.B.A.
P.Eng., Vice President of Investor Relations
Mr. Peter Brady
Executive VP & General Counsel
Mr. Quinn Yong
Vice President of Corporate Development & Strategy
Ms. Jacinta Zaleski
Vice President of Human Resources
Mr. Patrick James Merrin
Executive Vice President of Technical Services

Key Competitors

View All Competitors

LUNMF Stock Analysis - Frequently Asked Questions

Should I buy or sell Lundin Mining stock right now?: 9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Lundin Mining in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" LUNMF shares.
View LUNMF analyst ratings or view top-rated stocks.
What is Lundin Mining's stock price target for 2024?: 9 equities research analysts have issued twelve-month price targets for Lundin Mining's shares. Their LUNMF share price targets range from $6.50 to $16.00. On average, they expect the company's share price to reach $11.43 in the next year. This suggests that the stock has a possible downside of 1.9%.
View analysts price targets for LUNMF or view top-rated stocks among Wall Street analysts.
How have LUNMF shares performed in 2024?: Lundin Mining's stock was trading at $8.20 on January 1st, 2024. Since then, LUNMF shares have increased by 42.1% and is now trading at $11.65.
View the best growth stocks for 2024 here.
Are investors shorting Lundin Mining?: Lundin Mining saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 15,710,000 shares, an increase of 75.6% from the March 15th total of 8,947,300 shares. Based on an average daily trading volume, of 151,400 shares, the days-to-cover ratio is presently 103.8 days.
View Lundin Mining's Short Interest.

How were Lundin Mining's earnings last quarter?: Lundin Mining Co. (OTCMKTS:LUNMF) released its earnings results on Wednesday, February, 21st. The basic materials company reported $0.10 EPS for the quarter, missing the consensus estimate of $0.16 by $0.06. The basic materials company had revenue of $1.06 billion for the quarter. Lundin Mining had a trailing twelve-month return on equity of 5.13% and a net margin of 7.12%.
How often does Lundin Mining pay dividends? What is the dividend yield for Lundin Mining?: Lundin Mining announced a dividend on Saturday, March 16th. Investors of record on Friday, March 22nd will be paid a dividend of $0.0666 per share on Wednesday, April 10th. This represents a dividend yield of 2.78%. The ex-dividend date of this dividend is Thursday, March 21st. This is a boost from the stock's previous dividend of $0.07.
Read our dividend analysis for LUNMF.
Is Lundin Mining a good dividend stock?: Lundin Mining (OTCMKTS:LUNMF) pays an annual dividend of $0.27 per share and currently has a dividend yield of 2.40%. The dividend payout ratio is 84.38%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, LUNMF will have a dividend payout ratio of 26.21% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LUNMF.
How do I buy shares of Lundin Mining?: Shares of LUNMF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:LUNMF) was last updated on 4/19/2024 by MarketBeat.com Staff

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