TSE:LUN

Lundin Mining Corp. (LUN.TO)

33.87
-0.99 (2.84%)
as of Jul 13, 2026, 8:00:00 pm Market Open.
180 watching
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Investor Insights
star iconJul 13, 2026, 12:00 am

This summary was created by AI, based on 4 opinions in the last 12 months.

Experts have mixed views on Lundin Mining Corp. (LUN-T), with a strong emphasis on the potential of copper as a major resource. Some analysts appreciate the stock's performance, suggesting it remains a top pick, while others warn of imminent pullbacks in the copper market. The cyclical nature of resource stocks, particularly copper, is highlighted, with suggestions that it may be wise to monitor and possibly trim positions. Additionally, analysts note that while Lundin Mining has a solid balance sheet and good leverage, it might not be the most favorable option in the current environment unless for long-term holdings. Peers in the copper space, and particularly those with strong cash flow like TECK.B, are considered as worthy alternatives.

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Consensus
Mixed
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Valuation
Fair Value
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Similar
TECK.B
COMMENT
Copper. Tried to get acquired but deals fell through. Will probably get acquired as they have good assets.
COMMENT
Expecting management will focus more on organic growth and some acquisition opportunities. Would prefer Teck Resources (TCK.B-T) instead, which has better leverage. He is currently underweight on base metals.
TOP PICK
He is more positive on the copper sector. Probable take out candidate. Good assets.
COMMENT
Possible merger or acquisition in the works. They are in the mode where they have to surface some value by splitting the company up by various projects or have an increased bid from Equinox (EQN-T) or someone else.
COMMENT
EQN-T’s offer is superior to IMN-T’s. Doesn’t think this is a big surprise. He moved to Equinox recently. Ultimately this new deal will be a good one and will likely go through.
COMMENT
Possibly being acquired but doesn’t sound like they want to go. If you own, it doesn’t hurt to take some profits.
HOLD
Proposed merger between Inmet (IMN-T) and Lundin (LUN-T). Both are copper companies and are trying to get bigger. Inmet just reported and production was quite a bit behind schedule and earnings fell short as well. Stock has not been performing well. A lot of these issues are temporary and will be resolved over the next quarter or so. He is bullish on copper.
BUY
Heavily exposed to Zinc and Copper, which is at an all-time high. LUN is relatively cheap. Congo issue may resolve to their favour. It’s a reasonable play at these levels.
COMMENT
Mainly leveraged to copper, which is trading at multi-year highs. Presuming this is sustainable, this company should continue to do quite well. Shorter term, there could be a pullback in copper prices. Still an issue with their assets in Democratic Republic of Congo.
COMMENT
Likes these people a lot but would caution that he is not very optimistic on either copper or zinc prices in the near term. Good balance sheet and good free cash flow. Be prepared to own for 2 or 3 years.
HOLD
Had a fabulous run. Recent quarter suggested that there was more upside.
PAST TOP PICK
(Top Pick Mar 17/09, Up 271.9%) better zinc operation.
HOLD
Mid-cap, solid company. Had some operating issues but has absolutely fantastic management and it looks like they are really starting to execute the plan. Good assets. Pretty much fair value at this time.
TOP PICK
Very near term it becomes collecting 25% of the cash flows of Tenke Fungurume in the Democratic Republic of Congo, the great new copper mine. Debt problems are partially solved by the Hudbay deal. A contrarian play.
SELL
(Market Call Minute.) Deal fell through with Hudbay Minerals (HBM-T). Zinc producer with some copper and he is not fond of those commodities.
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