Loading...
LUN logo

Lundin Mining CorporationTSX:LUN Stock Report

Market Cap CA$37.1b
Share Price
CA$43.46
n/a
1Y285.6%
7D4.4%
Portfolio Value
​
View

Lundin Mining Corporation

TSX:LUN Stock Report

Market Cap: CA$37.1b

Lundin Mining (LUN) Stock Overview

A diversified base metals mining company, engages in the exploration, development, and mining of mineral properties in Chile, Brazil, and Argentina. More details

LUN fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance4/6
Financial Health6/6
Dividends0/6

Rewards

Trading at 29.6% below our estimate of its fair value

Earnings grew by 735.1% over the past year

Risk Analysis

Earnings are forecast to decline by an average of 11% per year for the next 3 years


LUN Community Fair Values

Create Narrative

See what 41 others think this stock is worth. Follow their fair value or set your own to get alerts.

LUN logo
Lundin Mining

Analyst Commentary Highlights Upgraded Price Targets and Profit Outlook for Lundin Mining

Key Takeaways Expansion projects and operational improvements are positioning Lundin Mining to benefit from rising demand for electrification metals and support future revenue growth. Proactive ESG measures, balance sheet strengthening, and asset portfolio optimization enhance both sustainability profile and financial flexibility for long-term value creation.
View narrative
CA$36.05
FV
20.6% overvalued intrinsic discount
0.85%
Revenue growth p.a.
431
users have viewed this narrative
0users have liked this narrative
0users have commented on this narrative
28users have followed this narrative
LUN logo
Lundin Mining

Vicuna Expansion And Decarbonization Progress Will Support Long Term Copper And Gold Upside

Catalysts About Lundin Mining Lundin Mining is a diversified base metals producer with a core focus on copper, along with meaningful gold and nickel exposure from mines in the Americas. What are the underlying business or industry changes driving this perspective?
View narrative
CA$32.48
FV
33.8% overvalued intrinsic discount
4.40%
Revenue growth p.a.
20
users have viewed this narrative
0users have liked this narrative
0users have commented on this narrative
1users have followed this narrative
LUN logo
Lundin Mining

Copper Expansion And Vicuna Project Risks Will Challenge Long Term Earnings Outlook

Catalysts About Lundin Mining Lundin Mining is a diversified base metals producer focused primarily on copper, with additional exposure to gold, nickel and silver from operations in the Americas. What are the underlying business or industry changes driving this perspective?
View narrative
CA$21.11
FV
105.9% overvalued intrinsic discount
-2.25%
Revenue growth p.a.
25
users have viewed this narrative
0users have liked this narrative
0users have commented on this narrative
0users have followed this narrative
View Stock Community
UG logo
Upside Gold

An Undervalued 3.3Moz Gold Project in Canada

Key takeaways Upside Gold is developing the Kena Gold Project, near the town of Nelson in the Kootenays region of southern British Columbia. Kena hosts a historical gold resource of 3.33 million ounces (561,000 ounces Indicated and 2.77 million ounces Inferred) across a 10,200-hectare land package.Read more

View narrative
2.4k
users have viewed this narrative
8users have liked this narrative
0users have commented on this narrative
56users have followed this narrative
CA$5.07
75.7% undervalued intrinsic discount
stuart_roberts's Fair Value
Profit Margin
11.75%
Future PE
21.54x
Price in 2031
CA$5.88

Lundin Mining Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for Lundin Mining
Historical stock prices
Current Share PriceCA$43.46
52 Week HighCA$45.74
52 Week LowCA$8.94
Beta1.76
1 Month Change26.52%
3 Month Change68.25%
1 Year Change285.63%
3 Year Change381.82%
5 Year Change207.79%
Change since IPO2,314.49%

Recent News & Updates

Recent updates

Improved Revenues Required Before Lundin Mining Corporation (TSE:LUN) Stock's 26% Jump Looks Justified

Jan 21
Improved Revenues Required Before Lundin Mining Corporation (TSE:LUN) Stock's 26% Jump Looks Justified

Lundin Mining's (TSE:LUN) Earnings Offer More Than Meets The Eye

Nov 13
Lundin Mining's (TSE:LUN) Earnings Offer More Than Meets The Eye

Lundin Mining Corporation's (TSE:LUN) Shares Bounce 28% But Its Business Still Trails The Industry

Sep 30
Lundin Mining Corporation's (TSE:LUN) Shares Bounce 28% But Its Business Still Trails The Industry

Revenues Working Against Lundin Mining Corporation's (TSE:LUN) Share Price Following 27% Dive

Apr 09
Revenues Working Against Lundin Mining Corporation's (TSE:LUN) Share Price Following 27% Dive

Is Lundin Mining (TSE:LUN) Using Too Much Debt?

Mar 05
Is Lundin Mining (TSE:LUN) Using Too Much Debt?
User avatar

Partnership With BHP And Increased Caserones Ownership Will Expand Future Copper Production

Strategic partnerships and acquisitions, including the joint venture with BHP and increased stake in Caserones, strengthen Lundin Mining’s position in the copper sector for growth.

Shareholder Returns

LUNCA Metals and MiningCA Market
7D4.4%9.0%1.8%
1Y285.6%159.5%35.7%

Return vs Industry: LUN exceeded the Canadian Metals and Mining industry which returned 159.5% over the past year.

Return vs Market: LUN exceeded the Canadian Market which returned 35.7% over the past year.

Price Volatility

Is LUN's price volatile compared to industry and market?
LUN volatility
LUN Average Weekly Movement8.1%
Metals and Mining Industry Average Movement13.0%
Market Average Movement10.7%
10% most volatile stocks in CA Market19.8%
10% least volatile stocks in CA Market3.5%

Stable Share Price: LUN has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: LUN's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19946,195Jack O. Lundinwww.lundinmining.com

Lundin Mining Corporation, a diversified base metals mining company, engages in the exploration, development, and mining of mineral properties in Chile, Brazil, and Argentina. It explores for copper, gold, silver, molybdenum, and other metal deposits. The company was formerly known as South Atlantic Ventures Ltd.

Lundin Mining Corporation Fundamentals Summary

How do Lundin Mining's earnings and revenue compare to its market cap?
LUN fundamental statistics
Market capCA$37.14b
Earnings (TTM)CA$1.43b
Revenue (TTM)CA$5.54b
26.0x
P/E Ratio
6.7x
P/S Ratio

Is LUN overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
LUN income statement (TTM)
RevenueUS$4.05b
Cost of RevenueUS$2.04b
Gross ProfitUS$2.02b
Other ExpensesUS$969.70m
EarningsUS$1.05b

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

May 06, 2026

Earnings per share (EPS)1.23
Gross Margin49.76%
Net Profit Margin25.84%
Debt/Equity Ratio3.0%

How did LUN perform over the long term?

See historical performance and comparison

Dividends

0.2%
Current Dividend Yield
10%
Payout Ratio

Does LUN pay a reliable dividends?

See LUN dividend history and benchmarks
When do you need to buy LUN by to receive an upcoming dividend?
Lundin Mining dividend dates
Ex Dividend DateMar 20 2026
Dividend Pay DateApr 08 2026
Days until Ex dividend17 days
Days until Dividend pay date36 days

Does LUN pay a reliable dividends?

See LUN dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/03/02 21:40
End of Day Share Price 2026/02/27 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Lundin Mining Corporation is covered by 50 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Stefan IoannouATB Cormark Historical (Cormark Securities)
Farooq HamedBarclays
Charlie ClarkBerenberg