TSE:LUN

Lundin Mining Corp. (LUN.TO)

33.45
-1.05 (3.04%)
as of Sep 11, 2026, 8:00:00 pm Market Open.
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Investor Insights
star iconSep 11, 2026, 12:00 am

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

Experts have mixed opinions on Lundin Mining Corp. (LUN-T), particularly in the context of the copper market. While some see it as a strong long-term play due to its solid management and balance sheet, there are warnings about potential pullbacks in the near term as 'smart money' has begun selling. The consensus indicates that, despite strong past performance, the stock might be a bit extended. There's a general acknowledgment of the cyclicality in the copper sector, which could affect short-term performance. Nevertheless, Lundin Mining is noted for its strategic position in a market where demand may eventually outstrip supply.

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Consensus
Cautious
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Valuation
Fair Value
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TECK.B
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.
HOLD
Hudbay Minerals (HBM-T) is attempting to acquire. If you own, let the dust settle before doing anything.
COMMENT
Hudbay Minerals (HBM-T) would like to acquire them but analysts question this because of Hudbay’s enormous amount of cash. This would be a long-term play for both companies. Lundin has some interesting assets and the ability to contribute quite heavily to development work on precious metals in Flin Flon Manitoba.
BUY
One of the more premiere mining companies in the world. Have various interests in juniors as well as producing mines. This is the kind of company that is going to survive. May not go up for a while and may even go a little bit lower. A key management team. At this level, he can't see any more downside risk.
BUY
(Market Call Minute.) Have had some problems with the DRC in terms of royalty rates. Valuations is at a point where it should move up.
BUY
A lot of the larger plays in the base metals sector have been taken out so there are very few opportunities left for investing. Have had some good expiration success. Good diversification with zinc, nickel and copper.
DON'T BUY
Had a major top formation in 2007 but started to break down below its 200-day moving average. He is looking for a place where it is going to find support. Probably moving lower.
BUY
Market perceived this as a zinc stock but going forward it is more of a copper company. Beat up beyond belief. Production costs were rising.
HOLD
(Market Called Minute.) May get taken out.
DON'T BUY
Just announced some good drilling results. There is an oversupply of lead/zinc and so she would not have an exposure to this.
BUY
A number of the midsize mining companies have had a tough ride in the last little while. You need exposure to the commodity sector and having a company that has 2 or 3 is not a bad idea. (Zinc is a problem commodity right now. Forecasting an oversupply for the next couple of years.)
HOLD
(Market Call Minute.) Not a Buy.
HOLD
They took a non-cash charge which was quite large in recent acquisitions. Likes the operations, they have been aggressive in acquisitions. Now is time for them to show some numbers, in a positive fashion.
RISKY
He has a model price of $23.99 and the current price is only $8.73. The model price has been coming down along with earnings estimates but it looks good to him. Doesn't qualify for his portfolios, as it is not big enough. On the re-emergence of the metals in the last month or so, it should be doing better. It may not be, because the Lundin family owns a controlling shares so not a takeover target.
COMMENT
He stays away from Russia, Mongolia, Congo etc. Dropped because the price of zinc has dropped as well as having some operational difficulties, partly due to all the acquisitions they went through in 06 and 07. Thinks it is oversold and is too cheap. Strong balance sheet and cash position. He has difficulty with the Congo, so wouldn't buy.
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