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TSE:LUN

Lundin Mining Corp. (LUN.TO)

37.86
+0.99 (2.69%)
as of Jun 12, 2026, 8:00:00 pm Market Open.
181 watching
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Investor Insights
star iconJun 11, 2026, 12:00 am

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

Lundin Mining Corp. has received a mixed response from experts, highlighting both its strong potential in the copper market and the caution necessary for investing in this sector. While the company has demonstrated significant growth, with one expert marking it as a top pick due to a strong anticipated demand for copper, there are warnings about a possible pullback as 'smart money' has been selling. Some analysts suggest trimming positions in the near term while keeping an eye on the longer-term potential of the copper market, wherein demand may eventually outpace supply. The company is also noted for its solid management and balance sheet, making it a preferred option in the copper space. Overall, while the current optimism about copper persists, investors should be prepared for inevitable volatility and potential pullbacks in the sector.

consensus icon
Consensus
Cautious
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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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