Lundin Mining Corporation

TSX:LUN Stock Report

Market Cap: CA$32.5b

Lundin Mining Dividends and Buybacks

Dividend criteria checks 0/6

Lundin Mining is a dividend paying company with a current yield of 0.29%. Next payment date is on 25th June, 2026 with an ex-dividend date of 5th June, 2026.

Key information

0.3%

Dividend yield

0.5%

Buyback Yield

Total Shareholder Yield0.7%
Future Dividend Yield0.3%
Dividend Growth13.0%
Next dividend pay date25 Jun 26
Ex dividend date05 Jun 26
Dividend per sharen/a
Payout ratio6%

Recent dividend and buyback updates

Recent updates

Analysis Article May 15

There May Be Underlying Issues With The Quality Of Lundin Mining's (TSE:LUN) Earnings

Lundin Mining Corporation ( TSE:LUN ) just reported some strong earnings, and the market reacted accordingly with a...
Narrative Update May 08

LUN: Future Returns Will Reflect Caserones Expansion And Mixed Copper Price Scenarios

The updated analyst price target for Lundin Mining rises slightly to CA$39.06 from CA$38.90, with analysts pointing to modestly higher profit margin assumptions and a lower future P/E multiple as key drivers of the change. Analyst Commentary Recent Street research on Lundin Mining offers a mix of optimism and caution, with several firms adjusting price targets and ratings across both Canadian dollar and Swedish krona listings.
Narrative Update Apr 23

LUN: Future Returns Will Balance Caserones Expansion With Copper Price Uncertainty

Analysts have modestly adjusted the Lundin Mining fair value estimate to CA$38.90 from CA$39.14. This reflects updated assumptions for revenue growth, profit margins and a slightly higher discount rate in light of mixed but generally higher recent Street price targets.
Narrative Update Apr 07

LUN: Future Returns Will Reflect Expanded Caserones Stake And Copper Exposure

The analyst price target for Lundin Mining has been raised by CA$0.60 to CA$39.14, with analysts attributing the change to updated assumptions for higher revenue growth, stronger profit margins, and a lower future P/E multiple. Analyst Commentary Recent Street research on Lundin Mining shows a mix of optimism and caution, with several firms adjusting price targets and ratings in different directions.
Narrative Update Mar 24

LUN: Future Returns Will Reflect Copper Exposure And Caserones Expansion

The analyst price target for Lundin Mining is now CA$38.54, up from CA$37.25. This change reflects a series of recent target revisions as analysts factor in updated growth, margin and P/E assumptions.
Narrative Update Mar 08

LUN: Future Returns Will Reflect Copper Cycles And Wider Earnings Uncertainty

The Lundin Mining analyst price target has been revised higher to CA$37.25 from CA$36.05, reflecting updated analyst views that incorporate Street research indicating stronger revenue growth, wider profit margins and a modestly adjusted future P/E outlook. Analyst Commentary Recent Street research presents a mixed but generally constructive view on Lundin Mining, with several firms adjusting price targets and ratings in response to updated revenue, margin and P/E assumptions.
Narrative Update Feb 22

LUN: Future Returns Will Reflect Copper Cycles Legal Overhang And Share Buybacks

Our fair value estimate for Lundin Mining has moved to CA$36.05 from CA$34.26 as analysts adjust price targets, with some cuts alongside several target increases, while also reflecting updated assumptions for revenue growth, profit margins, discount rate and future P/E. Analyst Commentary Recent Street research on Lundin Mining shows a mix of optimism and caution, with several firms adjusting price targets in both directions and updating ratings.
Narrative Update Feb 07

LUN: Future Returns Will Reflect Metals Cycles Legal Overhang And Capital Deployment

The analyst price target for Lundin Mining has been lifted by about $1.93, reflecting updated assumptions around higher revenue growth expectations, a slightly increased discount rate, modestly lower profit margin forecasts, and a small upward adjustment to future P/E that align with recent target changes from several firms. Analyst Commentary Recent Street research on Lundin Mining shows a mix of optimism and caution, with several firms revisiting their models and price targets across both North American dollar and Swedish krona listings.
Narrative Update Jan 23

LUN: Future Returns Will Hinge On Metals Cycles Versus Legal And Macro Risks

The updated analyst price target for Lundin Mining has shifted higher to reflect a fair value move from $28.28 to $32.34, as analysts factor in refreshed commodity price forecasts, a slightly lower discount rate of 7.21% and higher expected future P/E multiples, even as they incorporate more cautious assumptions on revenue growth and profit margins. Analyst Commentary Recent Street research on Lundin Mining shows a mix of optimism and caution, with several firms adjusting price targets in different currencies and maintaining a range of ratings from Buy and Outperform to Neutral and Equal Weight.
Analysis Article Jan 21

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

Despite an already strong run, Lundin Mining Corporation ( TSE:LUN ) shares have been powering on, with a gain of 26...
Narrative Update Jan 08

LUN: Future Returns Will Depend On Metals Cycles Outweighing Legal Overhang Risks

Analysts have nudged our fair value estimate for Lundin Mining higher from $27.52 to $28.28. This reflects recent target price revisions across U.S., Canadian and European brokers who cite refreshed metals price assumptions and mixed regional demand signals.
Narrative Update Dec 20

LUN: Future Returns Will Weigh Metal Price Cycles Against Legal Overhang Risks

The analyst price target for Lundin Mining has been raised from approximately $24.55 to about $27.52, as analysts factor in stronger expected revenue growth and improved profit margins despite a mixed macro backdrop for metals and mining. Analyst Commentary Analyst sentiment toward Lundin Mining remains broadly constructive, with a series of recent target price revisions reflecting both stronger company specific fundamentals and a still challenging macro backdrop for metals.
Narrative Update Dec 06

LUN: Future Returns Will Balance Metal Price Leverage And Legal Environmental Risks

Our analyst price target for Lundin Mining has edged lower to approximately $24.55 from about $25.28, as analysts factor in a slightly higher discount rate alongside modestly stronger long term revenue growth expectations amid a mixed macro backdrop and a series of both upward and downward target revisions across the Street. Analyst Commentary Recent Street research on Lundin Mining reflects a balanced mix of optimism and caution, with a cluster of target revisions across multiple currencies signaling active debate around the company’s medium term earnings power and appropriate valuation multiple.
Narrative Update Nov 22

LUN: Share Performance Will Reflect Shifting Profit Margins And Market Execution Risks

Lundin Mining's analyst price target has been increased from $23.76 to $25.28, as analysts factor in stronger expected revenue growth and improved market sentiment, despite a moderating profit margin outlook. Analyst Commentary Recent analyst activity for Lundin Mining reflects a mix of optimism about the company’s growth trajectory and caution regarding near-term challenges.
Analysis Article Nov 13

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

Shareholders appeared to be happy with Lundin Mining Corporation's ( TSE:LUN ) solid earnings report last week. Looking...
Narrative Update Nov 06

LUN: Share Price Outlook Will Reflect Improved Profit Margins And Execution Risks

Lundin Mining's analyst price target has been raised notably, from approximately $22.50 to $23.76. Analysts point to improved revenue growth expectations and higher projected profit margins, which are supporting a stronger outlook for the company.
Narrative Update Oct 22

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

Lundin Mining’s analyst price target has been significantly raised from approximately $18.68 to $22.50. Analysts cited increased revenue growth projections, stronger profit margins, and favorable recent research as supporting factors for the revision.
Narrative Update Oct 08

Vicuña And Brownfield Projects Will Increase Copper And Gold Production

Lundin Mining's analyst price target has been raised from approximately $17.37 to $18.68. Analysts cite improved revenue growth forecasts and strengthening profit margins as the reasons for this adjustment.
Analysis Article Sep 30

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

Despite an already strong run, Lundin Mining Corporation ( TSE:LUN ) shares have been powering on, with a gain of 28...
Narrative Update Sep 24

Vicuña And Brownfield Projects Will Increase Copper And Gold Production

Lundin Mining’s consensus price target was modestly raised to CA$17.37 as analysts cited improved copper and zinc production, stronger operational performance, supportive commodity prices, and enhanced management execution, partially offset by cautious views due to limited near-term catalysts. Analyst Commentary Bullish analysts cited stronger-than-expected copper and zinc production profiles, improving operational performance, and robust commodity pricing environments as key factors for raising price targets.
Narrative Update Sep 04

Vicuña And Brownfield Projects Will Increase Copper And Gold Production

Analysts have slightly raised Lundin Mining's price target to CA$17.20, citing improved copper price outlooks, stronger-than-expected operational performance, and continued cost discipline, though some near-term uncertainty from project delays has limited further upside. Analyst Commentary Bullish analysts have cited improving base metal price outlooks, particularly for copper, as a key factor driving upward price target revisions.
User avatar
New Narrative Jan 22

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.

Upcoming Dividend Payment

TodayMay 22 2026Ex Dividend DateJun 05 2026Dividend Pay DateJun 25 202620 days from Ex DividendBuy in the next 13 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: LUN is not paying a notable dividend for the Canadian market, therefore no need to check if payments are stable.

Growing Dividend: LUN is not paying a notable dividend for the Canadian market, therefore no need to check if payments are increasing.


Dividend Yield vs Market

Lundin Mining Dividend Yield vs Market
How does LUN dividend yield compare to the market?
SegmentDividend Yield
Company (LUN)0.3%
Market Bottom 25% (CA)1.7%
Market Top 25% (CA)5.5%
Industry Average (Metals and Mining)1.4%
Analyst forecast (LUN) (up to 3 years)0.3%

Notable Dividend: LUN's dividend (0.29%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.68%).

High Dividend: LUN's dividend (0.29%) is low compared to the top 25% of dividend payers in the Canadian market (5.47%).


Earnings Payout to Shareholders

Earnings Coverage: LUN is not paying a notable dividend for the Canadian market.


Cash Payout to Shareholders

Cash Flow Coverage: LUN is not paying a notable dividend for the Canadian market.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/21 14:46
End of Day Share Price 2026/05/21 00:00
Earnings2026/03/31
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 54 analysts. 22 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Farooq HamedBarclays
Richard GarchitorenaBarclays
Charlie ClarkBerenberg