Lundin Mining Corporation (TSX: LUN)

Canada flag Canada · Delayed Price · Currency is CAD
14.96
-0.27 (-1.77%)
Jul 2, 2024, 4:00 PM EDT
43.98%
Market Cap 11.61B
Revenue (ttm) 4.89B
Net Income (ttm) 148.78M
Shares Out 776.64M
EPS (ttm) 0.20
PE Ratio 80.16
Forward PE 18.55
Dividend 0.36 (2.41%)
Ex-Dividend Date May 31, 2024
Volume 1,724,228
Open 15.35
Previous Close 15.23
Day's Range n/a
52-Week Range 8.18 - 17.97
Beta 1.77
Analysts n/a
Price Target 18.20 (+21.66%)
Earnings Date Jul 31, 2024

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. 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% interest... [Read more]

Industry Copper
Sector Materials
CEO Jack O. A. Lundin
Employees 6,019
Stock Exchange Toronto Stock Exchange
Ticker Symbol LUN
Full Company Profile

Financial Performance

In 2023, Lundin Mining's revenue was $3.39 billion, an increase of 11.54% compared to the previous year's $3.04 billion. Earnings were $241.56 million, a decrease of -43.41%.

Financial numbers in USD Financial Statements

News

Lundin Mining Completes the Transaction to Increase Ownership in Caserones to 70%

VANCOUVER, BC , July 2, 2024 /CNW/ - (TSX: LUN) (Nasdaq Stockholm: LUMI) Lundin Mining Corporation ("Lundin Mining" or the "Company") is pleased to announce the closing of the option to acquire an ad...

6 hours ago - Benzinga

Lundin Weighs Sale of Zinc Mines in Sweden and Portugal

Lundin Mining Corp. is considering a potential sale of two European zinc mines as the Canadian metals producer turns its focus to copper in Latin America, according to people familiar with the matter.

5 days ago - Financial Post

Lundin Mining Invests $350M To Expand Caserones Stake, Enhance Copper Production

Lundin Mining (OTC: LUNMF) announced a $350 million investment to boost its ownership in the Caserones copper-molybdenum mine in Chile to 70%. After acquiring control of the mine in March 2023, the C...

5 days ago - Benzinga

Lundin Mining raises stake in Caserones copper mine to 70% in C$350M deal

Lundin Mining (LUNMF) plans to increase ownership in Caserones copper and molybdenum mine in Chile to 70% with a $350M investment.

6 days ago - Seeking Alpha

Copper Frenzy Draws Mining Giants to Argentina After Milei’s Reforms

Global mining heavyweights including Lundin Mining Corp., Glencore Plc and First Quantum Minerals Ltd. are piling into Argentina as a new government intent on luring foreign investment propels the com...

5 weeks ago - Financial Post

Lundin Mining Pre-Announces Items Impacting the First Quarter 2024 Results

VANCOUVER, BC , April 17, 2024 /CNW/ - (TSX: LUN) (Nasdaq Stockholm: LUMI) Lundin Mining Corporation ("Lundin Mining" or the "Company") is pre-announcing certain items impacting the Company's quarter...

2 months ago - Benzinga

Why This Lundin Mining Analyst Is Turning Bullish

Lundin Mining Corp (OTC: LUNMF) shares were climbing in early trading on Wednesday . The company is a defensive name with strong cash flows in the near term, while being leveraged to copper prices in...

3 months ago - Benzinga

Lundin Mining Is A Bet On Higher Copper Prices

Lundin Mining is a Canadian base metals mining company with profitable growth, primarily focused on copper production and expanding its operations globally.

3 months ago - Seeking Alpha

Lundin Mining: Not Cheap, But A Good Way To Increase Copper Exposure

Discover how Lundin Mining achieved record-high copper production in 2023, generating $3.4B in revenue, and their expectations for 2024.

3 months ago - Seeking Alpha

Lundin Mining Fourth Quarter and Full Year 2023 Results

VANCOUVER, BC , Feb. 21, 2024 /CNW/ - (TSX: LUN) (Nasdaq Stockholm: LUMI) Lundin Mining Corporation ("Lundin Mining" or the "Company") today reported its fourth quarter and full year 2023 financial r...

4 months ago - Benzinga

Lundin Mining reports record 2023 copper production and Outlines Growth Plans for 2024

Lundin Mining Corporation (TSX:LUN) has announced strong 2023 production results, boosted by the acquisition of a 51% stake in the Caserones copper-molybdenum mine in Chile.  For the year to December ...

6 months ago - Proactive Investors

Lundin Mining announces 2023 production results and guidance for 2024

Lundin Mining (LUN:CA) announces record production results for 2023 and provides guidance for 2024-2026, including copper, zinc, gold, and nickel production...

6 months ago - Seeking Alpha

Lundin Mining: Copper Narrative Is Not Playing Out Like Expected

Lundin Mining has acquired new mines in Chile and is investing in Argentina. Click here to read more about LUNMF stock and why it is a Sell.

6 months ago - Seeking Alpha

Lundin Mining to renew normal course issuer bid

Lundin Mining plans to renew its normal course issuer bid, allowing the purchase of up to 52.5M shares over twelve months, starting Dec. 11.

7 months ago - Seeking Alpha

Lundin Mining Appoints Jack Lundin to the role of CEO

Lundin Mining Corporation (TSX: LUN) (Nasdaq Stockholm: LUMI) has provided an update on its CEO transition plan, sharing that Jack Lundin will now formally step into the role of Chief Executive Office...

7 months ago - CEOWORLD magazine

Lundin Mining: Solid Q3 Supports A Tentative BUY Rating

Lundin Mining Corporation reported strong Q3 results, with record metal production and positive free cash flow. Read more about LUNMF stock here.

8 months ago - Seeking Alpha

Lundin Mining reports record copper production in Q3, cuts attributable net loss

(Kitco News) - Lundin Mining (TSX: LUN) announced Thursday that the company produced 89,942 tonnes of copper in Q3 2023, up 41% from Q3 2022 (63,930 tonnes) and a new quarterly record.

8 months ago - KITCO

Lundin Mining: Difficult Near-Term Outlook For Copper, Strong Headwinds For Shares (Rating Downgrade)

Lundin Mining's investors may want to consider selling shares and taking profits before a potential sharp decline in the stock price. Learn why I downgraded LUNMF rating to Sell.

8 months ago - Seeking Alpha

Lundin Mining Corporation (LUNMF) Q3 2023 Earnings Call Transcript

Lundin Mining Corporation (OTCPK:LUNMF) Q3 2023 Earnings Conference Call November 2, 2023 11:30 AM ETCompany ParticipantsPeter Rockandel - CEO &...

8 months ago - Seeking Alpha