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Investor Insights

This summary was created by AI, based on 3 opinions in the last 12 months.

According to the experts, Lundin Mining Corp. is a strong player in the base metal sector, particularly in copper and zinc mining. The company is hitting all-time highs in copper production and reaffirming its 2024 production guidance. Management is aggressively retiring debt and growing cash reserves, while also paying a small dividend. There are concerns about economic weakness impacting copper companies, but overall, the demand for commodities, especially in the EV car transition, is expected to rise. The recent acquisition of a Chile mine has been seen as a positive move for the business, presenting a good buying opportunity for long-term investors.

Consensus
Positive
Valuation
Undervalued
Similar
Freeport-McMoRan Inc., FCX
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This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Lundin Mining Corp.
Stockchase Research Editor: Michael O'Reilly

LUN mines base metals such as copper and zinc in Brazil. Chile, Portugal, Sweden and the US.  Management just reaffirmed 2024 guidance on production and is hitting an all time high in copper production for the company.  It trades at 1.3x book, 18x earnings and is growing cash reserves as debt is aggressively retired.  It pays a small dividend backed by a payout ratio under 60% of cash flow.  We recommend setting a stop-loss at $7.50, looking to achieve $12.50 -- upside potential of 20%.  Yield 2.5%   

metal mines
WAIT
Lundin Mining Corp.

Copper is a great strategy for the medium to long term. Investors will sift through companies in the base metal sector. There are concerns re economic weakness so wait before getting into copper companies.

metal mines
TOP PICK
Lundin Mining Corp.

Believes demand for commodities will continue to rise.
Demand for copper in EV car transition growing.
Current valuation presenting good buying opportunity for long term investors.
Recent 51% ownership in Chile mine good for business. 
Strong dividend yield.

metal mines
BUY
Lundin Mining Corp.
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research.

Certainly the Lundins know the mining business and have had multiple success world wide. 
The stock is cheap. The balance sheet is quite strong, and we would not see the dividend at risk, though of course in a highly cyclical industry much can change. 
The dividend has grown nicely and the company has also paid out special dividends. 
EPS may be flat this year with lower prices and inflationary costs, but more growth is expected in 2024. 
We would consider it one of the better and more-conservative names in the mining sector right now.  
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metal mines
PAST TOP PICK
Lundin Mining Corp.
(A Top Pick Jan 05/23, Down 3%)

One of the Canadian bellwether copper stocks. Pretty good dividend yield. Starting to see higher highs and higher lows. Definitely improving on the technicals. Screens pretty well from a fundamental side.

metal mines
BUY ON WEAKNESS
Lundin Mining Corp.
Allan Tong’s Discover Picks

Lundin is headquartered in Toronto like Agnico-Eagle, but it differs by mining copper (63% of 2022 revenues), zinc (12%), nickel (12%) as well as gold (7%). Key mines are the Chapada in Brazil, the Neves-Corvo in Portugal, the Eagle in the U.S, and the Zinkgruvan in Sweden. Lundin missed two of its last four quarters, but its most recent was generally positive, highlighted by its EPS coming in at $0.25, far above the expected $0.13. including a 36% dividend increase to nine cents per share as it buys back shares. Read: PDAC special: minerals for our full analysis.

metal mines
BUY
Lundin Mining Corp.
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research.

 LUN is now trading at 12.7x times' Forward P/E. In the 4Q, LUN’s revenue declined -20% to $811M, beating estimates of $757M, and EPS was $0.25 beating estimates of $0.13. 
The balance sheet is strong, with net debt of $10M. 
Total debt is just a fraction of the trailing twelve-month cash flow of $877M, although cash flow declined around 40% compared to $1.5B last year. The company is trading at a reasonable level compared to Book Value, around 1.2x Price/Book. 
Based on consensus estimates, sales are expected to slightly decline by -2%, while EPS is expected to decrease by 24% next year, as demands for commodities slow down due to an uncertain macro environment.
Overall, a decent quarter, and the result is better than expected. 
The company has paid growing dividends and repurchased shares over the last few years supported by a solid balance sheet, valuation is also reasonable. 
We think the current share price offers an attractive buy entry points for long-term investors. 
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metal mines
HOLD
Lundin Mining Corp.

The sector is really tricky. In his income portfolio. Stable business. Don't think of where the stock might be going. Instead, decided if it can generate income for your timeframe. New mine opening around 2027, right when copper supply drops off. Anchor base metal position. See his Top Picks.

metal mines
TOP PICK
Lundin Mining Corp.
Big runup, significant pullback. Coiling right around the 50- and 200-day moving averages. If it can clear the 200-day MA and its resistance level, it tells him the uptrend is taking hold with upside potential to at least around $12.50, another 30% upside from the current $8.66. Benefits from rates and inflation being higher for longer. Yield is 4.23%. (Analysts’ price target is $9.32)
metal mines
BUY
Lundin Mining Corp.

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. They announced an acquisition today with a total implied equity value of $625M. The move should expand their copper and gold production. The deal is a net positive for the company and 5i believes it will help them expand in the long term. Unlock Premium - Try 5i Free

metal mines
HOLD
Lundin Mining Corp.

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. There is a new CEO who should address the lack of operational experience in management with some new hires. THe stock’s very low valuation reflects these concerns probably. The sector outlook should still be strong. Unlock Premium - Try 5i Free

metal mines
BUY
Lundin Mining Corp.
Would like to be in copper since the economy will electrify. However, there is not a lot of investments out there. Have picked this as their company. Dividend was just announced. 5% dividend. Would double position at $8-$9 range. Copper price depends completely on China.
metal mines
BUY
Lundin Mining Corp.

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The company has grown its revenues despite reduction in production guidance and a Q1 disappointment. One of the cheapest valuation the company has been at in a couple years. Net profit margins have jumped 28% and equity balances are expanding. With historical performance, variability is expected but long-term trend has seen continued improvements in its financial position. Unlock Premium - Try 5i Free

metal mines
TOP PICK
Lundin Mining Corp.
Copper demand will continue to be brisk with EV, new house construction, and especially China. Free cashflow grew, earnings are expected to grow. Basing formation to the upside. Yield is 1.68%. (Analysts’ price target is $16.06)
metal mines
BUY
Lundin Mining Corp.

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. One of the preferred stocks in the metals space. It also gives you exposure to copper. Has net debt but the balance sheet is okay. Less risky than others in the space. Unlock Premium - Try 5i Free

metal mines
Showing 1 to 15 of 169 entries

Lundin Mining Corp.(LUN-T) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Lundin Mining Corp. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Lundin Mining Corp.(LUN-T) Frequently Asked Questions

What is Lundin Mining Corp. stock symbol?

Lundin Mining Corp. is a Canadian stock, trading under the symbol LUN-T on the Toronto Stock Exchange (LUN-CT). It is usually referred to as TSX:LUN or LUN-T

Is Lundin Mining Corp. a buy or a sell?

In the last year, there was no coverage of Lundin Mining Corp. published on Stockchase.

Is Lundin Mining Corp. a good investment or a top pick?

Lundin Mining Corp. was recommended as a Top Pick by on . Read the latest stock experts ratings for Lundin Mining Corp..

Why is Lundin Mining Corp. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Lundin Mining Corp. worth watching?

0 stock analysts on Stockchase covered Lundin Mining Corp. In the last year. It is a trending stock that is worth watching.

What is Lundin Mining Corp. stock price?

On 2024-05-23, Lundin Mining Corp. (LUN-T) stock closed at a price of $16.23.