Earnings Alerts

Lundin Mining (LUN) Earnings Fall Short as 4Q Copper Production Misses Estimates

By January 17, 2025 No Comments
  • Lundin Mining‘s preliminary fourth-quarter copper production was 101,491 tonnes, missing the estimate of 104,964 tonnes.
  • Preliminary gold production for the same period was reported at 46,456 ounces.
  • For the year 2025, Lundin Mining forecasts gold production between 135,000 to 150,000 ounces.
  • The 2025 nickel production is expected to range from 8,000 to 11,000 tonnes.
  • Capital expenditure for 2025 is projected at $735 million.
  • Copper production in 2025 is forecasted between 303,000 to 330,000 tonnes.
  • For 2026, gold production is anticipated to be between 144,000 to 159,000 ounces.
  • Nickel production for 2026 is expected to be in the range of 6,000 to 9,000 tonnes.
  • The 2026 copper production is forecasted to range from 320,000 to 348,000 tonnes.
  • For 2027, gold production is projected between 132,000 to 147,000 ounces.
  • Nickel production in 2027 is anticipated to range from 4,000 to 7,000 tonnes.
  • Copper production for 2027 is forecasted between 300,000 to 328,000 tonnes.
  • The company currently holds 15 buy recommendations, 7 hold recommendations, and no sell recommendations.

A look at Lundin Mining Smart Scores

FactorScoreMagnitude
Value4
Dividend3
Growth3
Resilience2
Momentum3
OVERALL SMART SCORE3.0

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Lundin Mining shows a promising long-term outlook. The company scores highly in the areas of value, growth, and momentum, indicating strong potential for future performance. With operations in multiple countries and a diverse range of metals produced, Lundin Mining is well-positioned to capitalize on opportunities in the base metals market.

Although the company’s resilience score is slightly lower, the overall positive scores in key areas such as value and momentum suggest a favorable outlook for Lundin Mining. Additionally, with a presence in strategic locations like Chile and Portugal, Lundin Mining is poised to benefit from global demand for copper, zinc, lead, and nickel. Investors may view Lundin Mining as a solid choice for long-term growth and potential returns.

Summary: Lundin Mining Corporation is a diversified base metals mining company with operations in multiple countries, producing various metals including copper, zinc, lead, and nickel. The company also has interests in the Tenke Fungurume copper/cobalt mine in the Democratic Republic of Congo and a cobalt refinery in Finland.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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