Lundin Mining Future Growth

Future criteria checks 3/6

Lundin Mining is forecast to grow earnings and revenue by 29.9% and 5.5% per annum respectively. EPS is expected to grow by 29.2% per annum. Return on equity is forecast to be 10.7% in 3 years.

Key information

29.9%

Earnings growth rate

29.2%

EPS growth rate

Metals and Mining earnings growth	35.5%
Revenue growth rate	5.5%
Future return on equity	10.7%
Analyst coverage	Good
Last updated	04 Jun 2024

Recent future growth updates

Recent updates

Does Lundin Mining (TSE:LUN) Have A Healthy Balance Sheet?

Jan 19

Pinning Down Lundin Mining Corporation's (TSE:LUN) P/E Is Difficult Right Now

Jan 01

We Think That There Are More Issues For Lundin Mining (TSE:LUN) Than Just Sluggish Earnings

Nov 08

Lundin Mining's (TSE:LUN) Dividend Will Be $0.09

Nov 06

These 4 Measures Indicate That Lundin Mining (TSE:LUN) Is Using Debt Extensively

Sep 19

These 4 Measures Indicate That Lundin Mining (TSE:LUN) Is Using Debt Extensively

Mar 13

Lundin Mining Corporation (TSE:LUN) Shares Could Be 31% Below Their Intrinsic Value Estimate

Feb 20

These 4 Measures Indicate That Lundin Mining (TSE:LUN) Is Using Debt Reasonably Well

Jul 20

Earnings and Revenue Growth Forecasts

TSX:LUN - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	4,406	457	-808	1,458	10
12/31/2025	4,370	487	-6	1,427	15
12/31/2024	4,356	488	196	1,336	15
3/31/2024	3,578	109	33	1,072	N/A
12/31/2023	3,392	242	3	1,017	N/A
9/30/2023	3,144	348	-183	867	N/A
6/30/2023	2,800	340	-407	600	N/A
3/31/2023	2,801	228	-173	772	N/A
12/31/2022	3,041	427	34	877	N/A
9/30/2022	3,248	510	389	1,104	N/A
6/30/2022	3,356	695	941	1,591	N/A
3/31/2022	3,638	990	1,079	1,644	N/A
12/31/2021	3,329	780	953	1,485	N/A
9/30/2021	2,840	671	795	1,273	N/A
6/30/2021	2,684	619	588	1,023	N/A
3/31/2021	2,345	415	239	641	N/A
12/31/2020	2,042	169	135	566	N/A
9/30/2020	2,080	147	109	580	N/A
6/30/2020	2,018	51	-127	419	N/A
3/31/2020	1,854	4	-39	586	N/A
12/31/2019	1,893	167	-101	565	N/A
9/30/2019	1,732	99	-337	422	N/A
6/30/2019	1,573	80	-317	452	N/A
3/31/2019	1,671	166	-417	366	N/A
12/31/2018	1,726	196	-275	476	N/A
9/30/2018	1,851	300	-53	662	N/A
6/30/2018	2,073	425	112	771	N/A
3/31/2018	2,060	395	281	832	N/A
12/31/2017	2,077	371	N/A	903	N/A
9/30/2017	2,003	387	N/A	781	N/A
6/30/2017	1,776	236	N/A	591	N/A
3/31/2017	1,664	168	N/A	565	N/A
12/31/2016	1,546	92	N/A	363	N/A
9/30/2016	1,402	-459	N/A	362	N/A
6/30/2016	1,381	-474	N/A	423	N/A
3/31/2016	1,540	-408	N/A	533	N/A
12/31/2015	1,702	-319	N/A	714	N/A
9/30/2015	1,829	109	N/A	675	N/A
6/30/2015	1,642	178	N/A	613	N/A
3/31/2015	1,333	171	N/A	384	N/A
12/31/2014	951	113	N/A	187	N/A
9/30/2014	695	129	N/A	173	N/A
6/30/2014	705	123	N/A	143	N/A
3/31/2014	690	100	N/A	136	N/A
12/31/2013	728	137	N/A	154	N/A
9/30/2013	717	77	N/A	149	N/A
6/30/2013	700	87	N/A	96	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: LUN's forecast earnings growth (29.9% per year) is above the savings rate (2.1%).

Earnings vs Market: LUN's earnings (29.9% per year) are forecast to grow faster than the Canadian market (14.5% per year).

High Growth Earnings: LUN's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: LUN's revenue (5.5% per year) is forecast to grow slower than the Canadian market (7.2% per year).

High Growth Revenue: LUN's revenue (5.5% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: LUN's Return on Equity is forecast to be low in 3 years time (10.7%).

Lundin Mining Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Lundin Mining Corporation Reaffirms Production Guidance for the Year 2024

Lundin Mining Corporation Provides Production Guidance for the Year 2024

Lundin Mining Corporation Announces Temporary Suspension of Operations at Neves-Corvo

Lundin Mining Corporation Provides Revenue Guidance for the Fourth Quarter of 2023

Lundin Mining Corporation Provides Production Guidance for the Years 2024, 2025 and 2026

Consensus EPS estimates fall by 17%

Recent updates

Upcoming dividend of CA$0.09 per share

High number of new directors

Lundin Mining Corporation Announces the Composition of the Board Committees

Lundin Mining Corporation Reaffirms Production Guidance for the Year 2024

Lundin Mining Corporation Declares Regular Quarterly Dividend, Payable on June 19, 2024

Lundin Mining Corporation to Report Q1, 2024 Results on May 01, 2024

Lundin Mining Corporation, Annual General Meeting, May 10, 2024

Lundin Mining Corporation Provides Production Guidance for the Year 2024

Lundin Mining Corporation Announces Temporary Suspension of Operations at Neves-Corvo

Lundin Mining Corporation Announces 2023 Mineral Resource and Mineral Reserve Estimates

High number of new directors

Lundin Mining Corporation Provides Revenue Guidance for the Fourth Quarter of 2023

Does Lundin Mining (TSE:LUN) Have A Healthy Balance Sheet?

Lundin Mining Corporation Provides Production Guidance for the Years 2024, 2025 and 2026

Pinning Down Lundin Mining Corporation's (TSE:LUN) P/E Is Difficult Right Now

Lundin Mining Corporation Announces Completion of CEO Transition Process

Upcoming dividend of CA$0.09 per share at 3.8% yield

We Think That There Are More Issues For Lundin Mining (TSE:LUN) Than Just Sluggish Earnings

Consensus EPS estimates fall by 17%

Lundin Mining's (TSE:LUN) Dividend Will Be $0.09

New minor risk - Earnings quality

Third quarter 2023 earnings released: US$0.004 loss per share (vs US$0.014 loss in 3Q 2022)

Lundin Mining Corporation Revises Production Guidance for the Full Year 2023

Consensus EPS estimates fall by 12%

These 4 Measures Indicate That Lundin Mining (TSE:LUN) Is Using Debt Extensively

Lundin Mining Corporation Announces Approval of Candelaria 2040 Environmental Impact Assessment for the Extension of Operations and Mine Life for Its Candelaria Copper Mine in Chile

Lundin Mining (TSE:LUN) Is Due To Pay A Dividend Of $0.09

Upcoming dividend of CA$0.09 per share at 3.5% yield

New minor risk - Insider selling

CEO & Director recently sold CA$735k worth of stock

CEO & Director exercised options to buy CA$733k worth of stock.

Lundin Mining (TSE:LUN) Is Paying Out A Dividend Of $0.09

New major risk - Dividend sustainability

Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Lundin Mining Corporation Provides Production Guidance for the Year 2023

Consensus revenue estimates increase by 11%, EPS downgraded

Lundin Mining Corporation (TSX:LUN) completed the acquisition of 51% stake in Caserones Copper Mine in Chile from JX Nippon Mining & Metals Corporation

Lundin Mining Corporation (TSX:LUN) completed the acquisition of 51% stake in Caserones Copper Mine in Chile from JX Nippon Mining & Metals Corporation

Is Lundin Mining (TSE:LUN) A Risky Investment?

Independent Director recently bought CA$50k worth of stock

Consensus EPS estimates increase by 12%

Upcoming dividend of CA$0.09 per share at 4.6% yield

Lundin Mining (TSE:LUN) Is Paying Out A Dividend Of $0.09

Lundin Mining Corporation Announces the Composition of the Board Committees

Lundin Mining (TSE:LUN) Has Announced A Dividend Of $0.09

Senior VP & General Counsel exercised options and sold CA$390k worth of stock

First quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Lundin Mining Announces Declaration of Regular Quarterly Dividend, Payable on June 21, 2023

Investor sentiment improves as stock rises 16%

Consensus EPS estimates increase by 25%

President recently bought CA$510k worth of stock

Consensus EPS estimates increase by 15%

Upcoming dividend of CA$0.09 per share at 6.2% yield

These 4 Measures Indicate That Lundin Mining (TSE:LUN) Is Using Debt Extensively

Insider exercised options to buy CA$193k worth of stock.

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Lundin Mining Corporation (TSE:LUN) Shares Could Be 31% Below Their Intrinsic Value Estimate

Lundin Mining Corporation Announces 2022 Mineral Resource and Mineral Reserve Estimates

Lundin Mining Corporation Provides Production Guidance for the Years 2023, 2024 and 2025

High number of new directors

Archer Exploration Corp. Forms Technical Advisory Committee and Appoints Inaugural Members

Lundin Mining Corporation Announces Management Changes

Lundin Mining Corporation Declares Regular Quarterly Dividend, Payable on December 14, 2022

Lundin Mining Announces Passing of Board Member Ms. Karen Poniachik

Lundin Mining Corporation Announces Temporarily Suspend Operations At Neves-Corvo Mine

Lundin Mining Corporation Provides Update on Investigations At Ojos Del Salado Operation

Lundin Mining Reportedly Considers Sale of $1 Billion Copper-Zinc Mine in Portugal

Lundin Mining Corporation Provides Update on Ojos del Salado Operations in Chile

Lundin Mining Confirms Sinkhole Near Ojos Del Salado Operations in Chile