Lundin Mining Corporation (LUNMF)

OTCMKTS: LUNMF · Delayed Price · USD
7.26
-0.07 (-0.89%)
Feb 3, 2023, 3:58 PM EST - Market closed
Market Cap 5.60B
Revenue (ttm) 3.25B
Net Income (ttm) 584.31M
Shares Out n/a
EPS (ttm) 0.39
PE Ratio 18.60
Forward PE 11.25
Dividend $0.43 (5.89%)
Ex-Dividend Date Dec 1, 2022
Volume 68,729
Open 7.42
Previous Close 7.32
Day's Range 7.22 - 7.43
52-Week Range 4.54 - 11.25
Beta 1.62
Analysts Hold
Price Target 7.18 (-1.03%)
Earnings Date Feb 22, 2023

About LUNMF

Lundin Mining Corporation, a diversified base metals mining company, engages in the exploration, development, and mining of mineral properties in Brazil, Chile, Portugal, Sweden, and the United States. It primarily produces copper, zinc, nickel, and gold, as well as lead, silver, and other metals. The company holds 100% interests in the Chapada mine located in Brazil; the Neves-Corvo mine located in Portugal; the Eagle mine located in the United States; and the Zinkgruvan mine located in Sweden. It also holds 80% interests in the Candelaria and... [Read more]

Industry Copper
Sector Materials
IPO Date Apr 1, 1998
Employees 4,567
Stock Exchange OTCMKTS
Ticker Symbol LUNMF
Full Company Profile

Financial Performance

In 2021, Lundin Mining's revenue was $3.33 billion, an increase of 63.05% compared to the previous year's $2.04 billion. Earnings were $879.30 million, an increase of 365.10%.

Financial Statements

Analyst Forecast

According to 24 analysts, the average rating for LUNMF stock is "Hold." The 12-month stock price forecast is $7.18, which is a decrease of -1.03% from the latest price.

Price Target
$7.18
(-1.03% downside)
Analyst Consensus: Hold
Stock Forecasts

News

2 Stocks to Consider as Copper Surges

Copper prices have climbed by nearly 12% since the turn of the year, supported by a broad-based base metals recovery. It is perhaps premature to speculate that copper prices will support most copper m...

1 week ago - GuruFocus

Lundin Mining says achieved 2022 production guidance for copper, nickel and gold

(Kitco News) - Lundin Mining (TSX: LUN) announced yesterday that its 2022 production guidance was substantially achieved on a consolidated basis for copper, nickel, and gold, with nickel and gold prod...

3 weeks ago - Kitco

Are Investors Undervaluing Lundin Mining (LUNMF) Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest...

1 month ago - Zacks Investment Research

Lundin Mining appoints Jack Lundin as President

(Kitco News) - Lundin Mining (TSX: LUN) today announced the appointment of Jack Lundin as President, effective today. Concurrently, Jack has stepped down from the company's Board of Directors.

2 months ago - Kitco

Lundin Mining reports net loss in Q3 2022, notes inflationary pressures and lower metal prices

(Kitco News) - Lundin Mining (TSX: LUN) reported yesterday that its Q3 2022 zinc (40,327 tonnes) and nickel (4,379 tonnes) production was higher than the prior year quarter, with copper (63,930 tonnes...

3 months ago - Kitco

Fatality at Lundin Mining's mine in Portugal

(Kitco News) - Lundin Mining reported on Saturday a contractor died at the company's Neves-Corvo Mine in Portugal.

4 months ago - Kitco

Lundin Mining confirms sinkhole near Ojos del Salado operations in Chile

(Kitco News) - On Monday, Lundin Mining (TSX: LUN) confirmed that a sinkhole was detected near to its Minera Ojos del Salado operations in Chile on July 30, 2022.

6 months ago - Kitco

Lundin Mining ups copper and zinc production in Q2, posts net loss on rising costs and lower metal prices

(Kitco News) - Lundin Mining (TSX: LUN) announced yesterday that in Q2 2022, the company produced 64,096 tonnes (t) of copper (Q2 2021: 63,457 t), 41,912 t of zinc (Q2 2021: 34,833 t), 39 koz of gold ...

6 months ago - Kitco

Lundin Gold boasts 'exceptional' first quarter performance, generates $92 million in free cash flow

(Kitco News) - Lundin Gold (TSX: LUG) said yesterday that the company produced 121,665 ounces of gold at its Fruta del Norte mine in Ecuador in Q1 2022, up 17% compared to 104,137 ounces produced in Q...

9 months ago - Kitco

Lundin Mining boosts net earnings 145% in Q1 on higher metal prices

(Kitco News) - Lundin Mining (TSX: LUN) said yesterday that its gross profit for the quarter ended March 31, 2022 was $478.8 million, an increase of $226.3 million compared to the first quarter of 202...

10 months ago - Kitco

Can You Invest in Nickel? 7 Stocks to Consider.

Wondering how you can invest in nickel? Here are seven companies with significant nickel mining operations worth looking into.

Other symbols: VALE
10 months ago - InvestorPlace

Lundin Gold reports record quarterly production at Fruta del Norte

(Kitco News) - Yesterday, Lundin Gold (TSX: LUG) reported an all-time high first quarter 2022 gold production of 121,665 oz from its Fruta del Norte gold mine in southeast Ecuador.

10 months ago - Kitco

Lundin Mining reports fatality at Neves-Corvo mine in Portugal, operations temporarily suspended

(Kitco News) - Lundin Mining (TSX: LUN) today reported a fatality at its Neves-Corvo mine in Portugal early morning local time Wednesday, March 30, 2022.

11 months ago - Kitco

'That's a fundamental mistake' - Lundin Gold's Hochstein on tax holidays, concessions for miners

(Kitco News) - Mining developers demanding tax holidays is a "fundamental mistake" says Ron Hochstein, president and CEO of Lundin Gold (TSE: LUG), as a lack of early revenue generation makes it diffi...

11 months ago - Kitco

Lundin Mining says production of all metals up in 2021, net earnings jump 365%

(Kitco News) - Lundin Mining (TSX: LUN) announced Thursday that production of all metals in 2021 met or exceeded the company's most recent annual production guidance.

1 year ago - Kitco

Lundin Gold produces 429 thousand ounces of gold in Ecuador in 2021, beats guidance

(Kitco News) - Lundin Gold says produced 428,514 oz of gold at Fruta del Norte in 2021, exceeding the company's 2021 guidance of 380,000 to 420,000 oz.

1 year ago - Kitco

Lundin Mining to acquire world-class Josemaria copper-gold project in Argentina for C$625 million

(Kitco News) - Lundin Mining announced today that it has entered into a definitive agreement with Josemaria Resources to acquire all of its shares through a plan of arrangement for an implied equity v...

1 year ago - Kitco

Lundin Mining trades down after production update

(Kitco News) - A bright spot was zinc, which was forecast between 141,000 to 151,000 tonnes. The company now expects to produce between 188,000 to 203,000 tonnes.

1 year ago - Kitco

Lundin Gold more than doubles net income in Q3 2021

(Kitco News) - The company reported that its net income was $56.7 million in Q3 2021, an increase of 104% compared to Q3 2020 ($27.8 million).

1 year ago - Kitco

Nickel production slides in Lundin Mining's Q3

(Kitco News) - Total copper, zinc and gold production for the third quarter of 2021 were higher than the prior year quarter and previous quarter while nickel production declined as expected, due to lo...

1 year ago - Kitco

Lundin Gold ups production 14% in Ecuador in Q3, on target to meet annual guidance

(Kitco News) - The company said it remains on track to meet the upper end of its 2021 production guidance of 420,000 ounces of gold.

1 year ago - Kitco

Lundin Mining CEO Marie Inkster to step down

(Kitco News) - Inkster joined Lundin Mining in 2008 and served as Chief Financial Officer for 10 years prior to being appointed President and CEO.

1 year ago - Kitco

Lundin Gold boosts net income in second quarter on strong production at Fruta del Norte

(Kitco News) - Lundin Gold Inc. (TSX: LUG) today announced that in Q2 2021, gold production at its Fruta del Norte mine in Ecuador was 108,799 ounces, comprised of 66,721 oz of concentrate and 42,078 ...

1 year ago - Kitco

Lundin Mining boosts quarterly net earnings 456%, ups dividend

(Kitco News) - Lundin Mining's net earnings for the quarter ended June 30, 2021 were $268.4 million, an increase of $220.2 million or 456% compared to the prior year quarter.

1 year ago - Kitco

Lundin Gold says Fruta del Norte ‘continues to exceed expectations' with 108,799 ounces produced in Q2 2021

(Kitco News) - Lundin Gold CEO said that Fruta del Norte "continues to exceed expectations, and has once again delivered strong production in the second quarter of 2021."

1 year ago - Kitco