Ventum Cap Mkts Comments on Lundin Mining Q4 Earnings

Lundin Mining Co. (OTCMKTS:LUNMF) – Equities researchers at Ventum Cap Mkts issued their Q4 2024 EPS estimates for shares of Lundin Mining in a report issued on Thursday, November 21st. Ventum Cap Mkts analyst C. Mackay expects that the basic materials company will earn $0.22 per share for the quarter. The consensus estimate for Lundin Mining’s current full-year earnings is $0.58 per share. Ventum Cap Mkts also issued estimates for Lundin Mining’s Q1 2025 earnings at $0.12 EPS, Q2 2025 earnings at $0.12 EPS and Q3 2025 earnings at $0.12 EPS.

Lundin Mining Stock Down 5.0 %

Shares of LUNMF stock opened at $9.73 on Monday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.96 and a current ratio of 1.40. Lundin Mining has a fifty-two week low of $6.51 and a fifty-two week high of $13.26. The firm has a market capitalization of $7.56 billion, a PE ratio of 28.44, a P/E/G ratio of 0.36 and a beta of 1.50. The stock’s 50-day simple moving average is $10.15 and its 200-day simple moving average is $10.45.

Lundin Mining (OTCMKTS:LUNMF) last released its earnings results on Wednesday, November 6th. The basic materials company reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.09). Lundin Mining had a net margin of 6.63% and a return on equity of 5.02%. The firm had revenue of $1.07 billion during the quarter, compared to analyst estimates of $1.10 billion.

Lundin Mining Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, December 11th. Shareholders of record on Monday, December 2nd will be paid a dividend of $0.0647 per share. This represents a yield of 2.56%. The ex-dividend date of this dividend is Friday, November 29th. Lundin Mining’s payout ratio is 72.22%.

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.