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Lundin Mining Corporation (LUN.TO)

CAD33.87 -0.99 (-2.84%)
CA TSX Basic Materials Copper
Address 150 King Street West M5H 1J9
Vancouver, ON, CA
CEO Jack O. A. Lundin
IPO 1996-08-08
ISIN CA5503721063

Explore sections of this company profile

Also trades on Other OTC · LUNMF (USD) Stockholm Stock Exchange · LUMI.ST (SEK) Toronto Stock Exchange · LUN.TO (CAD)
Description

Lundin Mining Corporation is a global diversified base metals mining company, specializing in the exploration, development, and extraction of mineral resources. Its operations are strategically located across Brazil, Chile, Portugal, Sweden, and the United States. The company's principal metallic outputs include copper, zinc, nickel, and gold, complemented by the production of lead, silver, and other valuable metals. Lundin Mining fully controls several key assets, such as the Chapada mine in Brazil, Portugal's Neves-Corvo mine, the Eagle mine in the United States, and Sweden's Zinkgruvan mine. Additionally, it holds an 80% stake in the Candelaria and Ojos del Salado mining complex situated in Chile. Established in 1994, the corporation, which was formerly known as South Atlantic Ventures Ltd. before adopting its current name in August 2004, is headquartered in Toronto, Canada.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
CAD33.87 -0.99 (-2.84%)
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Volume Profile
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Liquidity & share structure
Average Volume
3M
Beta
2.06
Float Shares
674.81M
Free Float %
79.0%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+4.93% +5.34% +3.70% +15.45% +55.27% +37.80% +226.77% +292.37% +182.29% +911.19% +2,039.47%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (4 ratings, all time) Hold
Price Targets & DCF
Current price
33.87
DCF (Unlevered) 1.46 -95.7%
DCF (Levered) 9.05 -73.3%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 50% Bullish
Rating 2026-05 Change
Strong Buy 4 0
Buy 8 0
Hold 10 0
Sell 0 0
Strong Sell 2 0
Quality scores
Altman Z-Score
6.31
Safe zone
Piotroski F-Score
7 / 9
Strong
MOAT Score
5 / 10
Developing
Composite Rating
A-
Overall Score
4 / 5
High
DCF Score
4 / 5
High
ROE Score
5 / 5
High
ROA Score
5 / 5
High
D/E Score
2 / 5
Medium
P/E Score
3 / 5
Medium
P/Book Score
2 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Copper: +11.5%
    +11.2% Q1'26: +20.2% (vs Q1'25)
  • EPS growth Copper: +54.7%
    +684.6% Q1'26: +120.0% (vs Q1'25)
  • FCF margin FCF growth · Copper: +5.7%
    +19.5% Q1'26: +26.7% (vs Q1'25)
  • EBIT margin Copper: +16.7%
    +25.8% Q1'26: +41.5% (vs Q1'25)
  • ROIC Copper: +7.0%
    +11.9% Q1'26: +19.5% (vs Q1'25)
  • Share dilution Copper: +0.0%
    +10.8% Q1'26: +0.8% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Copper: 0.66×
    0.38× Q1'26: 0.15× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.98) × ERP
WACC = 97% × Ke + 3% × Kd (14.8%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 1.45 Current price: 33.87
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2011
actual
Dec 2012
actual
Dec 2013
actual
Dec 2014
actual
Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
19 Rev. Ana.
12 EPS Ana.
Dec 2027
21 Rev. Ana.
13 EPS Ana.
Dec 2028
17 Rev. Ana.
11 EPS Ana.
Dec 2029
14 Rev. Ana.
4 EPS Ana.
Dec 2030
8 Rev. Ana.
4 EPS Ana.
Revenue
783.79M
est: 801.54M (-2.2%)
721.11M
est: 751.79M (-4.1%)
727.78M
est: 763.72M (-4.7%)
951.31M
est: 885.32M (+7.5%)
1.70B
est: 2.40B (-29.2%)
1.55B
est: 2.06B (-25.0%)
2.08B
est: 2.59B (-19.7%)
1.73B
est: 2.38B (-27.6%)
1.89B
est: 2.43B (-22.2%)
2.04B
est: 2.53B (-19.3%)
3.33B
est: 4.09B (-18.6%)
3.04B
est: 4.03B (-24.4%)
2.74B
est: 2.98B (-7.9%)
3.42B
est: 4.18B (-18.1%)
3.81B
est: 4.11B (-7.3%)
4.56B
4.30B – 4.84B
+10.9% YoY
4.64B
4.09B – 5.35B
+1.8% YoY
4.22B
3.85B – 4.68B
-9.0% YoY
4.39B
4.01B – 4.87B
+4.1% YoY
5.31B
4.85B – 5.89B
+21.0% YoY
EBITDA
397.62M
est: 654.47M (-39.2%)
242.60M
est: 364.48M (-33.4%)
199.39M
est: 374.15M (-46.7%)
255.36M
est: 377.57M (-32.4%)
652.59M
est: 510.18M (+27.9%)
597.68M
est: 191.14M (+212.7%)
1.03B
est: -422.65M (+344.2%)
597.35M
est: 800.78M (-25.4%)
571.62M
est: 633.29M (-9.7%)
691.31M
est: 671.13M (+3.0%)
1.64B
est: 830.89M (+97.9%)
974.80M
est: 853.68M (+14.2%)
828.28M
est: 1.12B (-26.0%)
1.15B
est: 1.63B (-29.5%)
1.63B
est: 1.54B (+5.4%)
1.71B
1.62B – 1.82B
+10.9% YoY
1.74B
1.54B – 2.01B
+1.8% YoY
1.59B
1.45B – 1.76B
-9.0% YoY
1.65B
1.51B – 1.83B
+4.1% YoY
2.00B
1.82B – 2.21B
+21.0% YoY
EBIT
243.82M
est: 296.45M (-17.8%)
90.41M
est: 220.22M (-58.9%)
49.32M
est: 48.15M (+2.4%)
-2.65M
est: 50.02M (-105.3%)
-56.17M
est: -59.53M (+5.6%)
253.85M
est: -185.94M (+236.5%)
694.49M
est: 326.42M (+112.8%)
296.09M
est: 602.88M (-50.9%)
308.42M
est: 379.24M (-18.7%)
399.38M
est: 327.47M (+22.0%)
1.26B
est: 405.42M (+211.6%)
550.00M
est: 416.54M (+32.0%)
471.07M
est: 725.49M (-35.1%)
780.80M
est: 1.06B (-26.0%)
980.16M
est: 1.00B (-2.0%)
1.11B
1.05B – 1.18B
+10.9% YoY
1.13B
996.03M – 1.30B
+1.8% YoY
1.03B
938.10M – 1.14B
-9.0% YoY
1.07B
976.10M – 1.19B
+4.1% YoY
1.29B
1.18B – 1.43B
+21.0% YoY
Net Income
183.77M
est: 306.50M (-40.0%)
123.18M
est: 172.39M (-28.5%)
136.75M
est: 125.16M (+9.3%)
112.61M
est: 142.74M (-21.1%)
-294.08M
est: 144.59M (-303.4%)
-661.74M
est: -256.37M (-158.1%)
426.49M
est: -870.77M (+149.0%)
195.85M
est: 367.27M (-46.7%)
167.26M
est: 211.01M (-20.7%)
168.80M
est: 177.60M (-5.0%)
780.35M
est: 219.88M (+254.9%)
426.85M
est: 225.91M (+88.9%)
241.56M
est: 125.30M (+92.8%)
-203.53M
est: 407.37M (-150.0%)
1.31B
est: 650.60M (+100.7%)
1.11B
853.15M – 1.36B
+70.0% YoY
849.96M
724.82M – 1.47B
-23.2% YoY
700.50M
568.95M – 1.35B
-17.6% YoY
1.02B
908.25M – 1.17B
+46.2% YoY
1.31B
1.17B – 1.50B
+28.4% YoY
SGA
20.24M
est: 20.39M (-0.7%)
93.51M
est: 26.26M (+256.1%)
67.24M
est: 43.38M (+55.0%)
76.22M
est: 34.67M (+119.9%)
27.53M
est: 133.46M (-79.4%)
26.93M
est: 30.59M (-12.0%)
38.84M
est: 47.78M (-18.7%)
49.44M
est: 40.53M (+22.0%)
47.10M
est: 64.13M (-26.5%)
44.17M
est: 67.89M (-34.9%)
52.20M
est: 84.05M (-37.9%)
53.88M
est: 86.35M (-37.6%)
66.72M
est: 54.72M (+21.9%)
58.35M
est: 79.60M (-26.7%)
65.02M
est: 75.43M (-13.8%)
83.69M
79.05M – 88.84M
+10.9% YoY
85.19M
75.12M – 98.35M
+1.8% YoY
77.51M
70.76M – 85.93M
-9.0% YoY
80.65M
73.62M – 89.41M
+4.1% YoY
97.56M
89.05M – 108.15M
+21.0% YoY
EPS
0.32
est: 0.36 (-11.6%)
0.21
est: 0.32 (-34.5%)
0.23
est: 0.22 (+2.3%)
0.19
est: 0.21 (-9.3%)
-0.41
est: 0.04 (-1,239.3%)
-0.92
est: -0.11 (-715.0%)
0.59
est: 0.51 (+16.4%)
0.27
est: 0.29 (-7.6%)
0.23
est: 0.20 (+14.9%)
0.23
est: 0.23 (-1.8%)
1.06
est: 1.10 (-3.6%)
0.58
est: 0.50 (+15.8%)
0.31
est: 0.16 (+91.4%)
-0.26
est: 0.47 (-155.6%)
1.53
est: 0.75 (+104.8%)
1.22
0.99 – 1.58
+62.7% YoY
1.30
0.84 – 1.72
+7.3% YoY
1.08
0.66 – 1.57
-17.2% YoY
1.19
1.06 – 1.36
+10.5% YoY
1.53
1.36 – 1.75
+28.4% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-07 A- 4/5 4/5 5/5 5/5 2/5 3/5 2/5
2026-05-06 A- 4/5 4/5 5/5 5/5 2/5 3/5 2/5
2026-05-05 A- 4/5 4/5 5/5 5/5 2/5 3/5 2/5
2026-05-04 A- 4/5 4/5 5/5 5/5 2/5 3/5 2/5
2026-05-01 A- 4/5 4/5 5/5 5/5 2/5 3/5 2/5
2026-04-30 A- 4/5 4/5 5/5 5/5 2/5 3/5 2/5
2026-04-29 A- 4/5 4/5 5/5 5/5 2/5 3/5 2/5
2026-04-28 A- 4/5 4/5 5/5 5/5 2/5 3/5 2/5
2026-04-27 A- 4/5 4/5 5/5 5/5 2/5 3/5 2/5
2026-04-24 B+ 3/5 4/5 5/5 5/5 1/5 2/5 2/5
2026-04-23 B+ 3/5 4/5 5/5 5/5 1/5 2/5 2/5
2026-04-22 B+ 3/5 4/5 5/5 5/5 1/5 2/5 2/5
2026-04-21 B+ 3/5 4/5 5/5 5/5 1/5 2/5 2/5
2026-04-20 B+ 3/5 4/5 5/5 5/5 1/5 2/5 2/5
2026-04-17 B+ 3/5 4/5 5/5 5/5 1/5 2/5 2/5
2026-04-16 B+ 3/5 4/5 5/5 5/5 1/5 2/5 2/5
2026-04-15 B+ 3/5 4/5 5/5 5/5 1/5 2/5 2/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
1.91B
OE per share TTM
2.22
Owner's Yield
6.19%
Maintenance CapEx ratio
78.50%
Maint CapEx / Avg PPE
207.0%

Ownership Overview

Ownership breakdown
At a glance
Institutional holders
3
Total invested
2.42M
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend From To
13F snapshot — 2026 Q1
Investors holding
3
-4 vs prev Q
New positions
0
Closed positions
4
Increased
0
Reduced
2
Put/Call ratio
0.00
Calls held
Puts held
Top institutional holders
# Investor Shares / Δ Mkt value / Δ Own% / Δ Weight% / Δ Avg px / Perf. Hold / Status
1 NANO CAP NEW MILLENNIUM GROWTH FUND L P 26.9K +26.9K (+100.0%) 578.50M +578.5M (+100.0%) 0.00% +0.003 pp 0.49% +0.494 pp CAD29.50 +0.0% 1 qtrs NEW
2 CONFLUENCE INVESTMENT MANAGEMENT LLC 69.1K +69.1K (+100.0%) 1.49M +1.5M (+100.0%) 0.01% +0.008 pp 0.02% +0.022 pp CAD29.50 +0.0% 1 qtrs NEW
3 DRW SECURITIES, LLC 25.2K +25.2K (+100.0%) 744.1K +744.1K (+100.0%) 0.00% +0.003 pp 0.02% +0.020 pp CAD29.50 +0.0% 1 qtrs NEW
4 ALBERT D MASON INC 17.8K +702.0 (+4.1%) 381.6K +127.3K (+50.1%) 0.00% +0.000 pp 0.25% +0.086 pp CAD12.87 +129.2% 4 qtrs
5 YOUSIF CAPITAL MANAGEMENT, LLC 11.4K +— (+0.0%) 294.2K +123.3K (+72.2%) 0.00% +0.000 pp 0.00% +0.001 pp CAD9.88 +198.6% 17 qtrs
6 LUMMIS ASSET MANAGEMENT, LP 353.00 +— (+0.0%) 7.6K +2.3K (+44.1%) 0.00% +0.000 pp 0.00% +0.001 pp CAD11.55 +155.4% 9 qtrs
7 HUNTINGTON NATIONAL BANK 1.00 +— (+0.0%) 22.00 +7.0 (+46.7%) 0.00% +0.000 pp 0.00% +0.000 pp CAD8.00 +268.8% 13 qtrs
Ownership breakdown by holder

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
158.2K
Shares Outstanding
854.53M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Jack O. A. Lundin President, Chief Executive Officer & Director 2M male
Peter Brady Executive Vice President & General Counsel 2M male
Juan Andres Morel Executive Vice President & Chief Operating Officer 2M male
Teitur Poulsen Executive Vice President & Chief Financial Officer 2M male
Nathan Monash Vice President of Sustainability 879.2K male
Tim Walmsley Vice President of Exploration male
Jacinta Zaleski Vice President of Human Resources female
Vlada Cvijetinovic Vice President of Legal & Corporate Secretary male
Quinn Yong Vice President of Corporate Development & Strategy male
Stephen Charles-Hadfield Williams Vice President of Investor Relations male
Steve Little Vice President of Technology & Innovation male
Theresa Murakami Vice President of Tax & Treasury female
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits