- Lundin Mining Corporation (OTC:LUNMF) reported earnings of $0.42 per share for the fourth quarter, significantly surpassing the Zacks Consensus Estimate.
- The company achieved revenues of $1.3 billion for the quarter ending December 2025, exceeding expectations and marking a substantial year-over-year increase.
- Deutsche Bank raised its price target for Lundin Mining to C$28 from C$26, maintaining a “Hold” rating, reflecting confidence in the company’s financial health and market position.
Lundin Mining Corporation (OTC:LUNMF) is a Canadian-based company that specializes in the extraction of base metals such as copper, zinc, and nickel. Operating in the Zacks Mining – Non Ferrous industry, Lundin Mining has established itself as a significant player in the mining sector. The company competes with other mining giants like Glencore and BHP Group.
On February 24, 2026, Deutsche Bank maintained its “Hold” rating for LUNMF, with the stock priced at $31.68. The bank also raised its price target for Lundin Mining to C$28 from C$26. This decision comes amid Lundin Mining’s strong financial performance, as highlighted by its impressive fourth-quarter earnings.
Lundin Mining reported earnings of $0.42 per share for the fourth quarter, surpassing the Zacks Consensus Estimate of $0.30 per share. This represents a 40.80% earnings surprise and a significant increase from the $0.12 per share reported in the same quarter the previous year. The company has consistently exceeded consensus EPS estimates in three of the past four quarters.
In addition to strong earnings, Lundin Mining achieved revenues of $1.3 billion for the quarter ending December 2025. This figure exceeded the Zacks Consensus Estimate by 13.06% and marked a substantial increase from the $858.9 million reported in the same period the previous year. The company has consistently topped consensus revenue estimates in each of the last four quarters.
Currently, LUNMF is priced at $31.76, reflecting a positive change of $1.31, or 4.31%. The stock has fluctuated between a low of $29.65 and a high of $31.78 today, with the latter marking its highest price over the past year. The stock’s lowest price in the past year was $6.30, and it has a market capitalization of approximately $27.14 billion.
