LUN : Lundin Mining Corporation Stock Profile

Last Updated: 3/12/2024 0:47:16

Lundin Mining Corporation trades with the ticker LUN on the TSX and is in the Copper industry.

Overview
Lundin Mining Corporation, a diversified base metals mining company, engages in the exploration, development, and mining of mineral properties in Chile, Brazil, the United States, Portugal, Sweden, and Argentina. It primarily produces copper, zinc, gold, nickel, and molybdenum, as well as lead, silver, and other metals. The company holds 100% interests in the Chapada mine located in Brazil; the Eagle mine located in the United States; the Neves-Corvo mine located in Portugal; and the Zinkgruvan mine located in Sweden. It also holds 80% interests in the Candelaria and Ojos del Salado mining complex; and 51% interest in the Caserones copper-molybdenum mine located in Chile, as well as owns the copper gold Josemaria project located in Argentina. The company was formerly known as South Atlantic Ventures Ltd. and changed its name to Lundin Mining Corporation in August 2004. Lundin Mining Corporation was incorporated in 1994 and is headquartered in Vancouver, Canada.
 

Looking to invest in Lundin Mining Corporation? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

LUN.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $8839.776MM

PE Ratio: 27.179

Price: 11.62 (Updated: 3/12/2024 0:47:16)



Lundin Mining Corporation (LUN) vs Competitors in Copper

Lets see how LUN.TO stacks up against others in the Copper asset management industry. We have identified its main peers as:

Amerigo Resources Ltd, Atalaya Mining Plc, Copper Mountain Mining Corporation, Capstone Mining Corp, First Quantum Minerals Ltd

.

Copper Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Amerigo Resources Ltd (ARG) $209.353 42.333 7.182 9.4%
Atalaya Mining Plc (AYM) $835.771 10.704 7.095 10.3%
Copper Mountain Mining Corporation (CMMC) $540.245 N/A 12.108 0.0%
Capstone Mining Corp (CS) $5,758.95 N/A 40.747 N/A%
First Quantum Minerals Ltd (FM) $10,969.268 N/A 15.458 1.6%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Copper

  • Lundin Mining Corporation (LUN) vs Amerigo Resources Ltd (ARG)
    • LUN has higher EPS (0.42 vs 0.03). ARG has higher dividend yield (9.4% vs 3.1%). ARG has a higher P/E ratio (42.333 vs 27.179) indicating it’s more expensive.
  • Lundin Mining Corporation (LUN) vs Atalaya Mining Plc (AYM)
    • AYM has higher EPS (0.54 vs 0.42). AYM has higher dividend yield (10.3% vs 3.1%). LUN has a higher P/E ratio (27.179 vs 10.704) indicating it’s more expensive.
  • Lundin Mining Corporation (LUN) vs Copper Mountain Mining Corporation (CMMC)
    • LUN has higher EPS (0.42 vs -0.26). LUN has higher dividend yield (3.1% vs 0.0%). CMMC has a P/E under 0, indicating LUN (P/E 27.179) is in a better position.
  • Lundin Mining Corporation (LUN) vs Capstone Mining Corp (CS)
    • LUN has higher EPS (0.42 vs -0.21). LUN provides dividends, while CS does not. CS has a P/E under 0, indicating LUN (P/E 27.179) is in a better position.
  • Lundin Mining Corporation (LUN) vs First Quantum Minerals Ltd (FM)
    • LUN has higher EPS (0.42 vs -1.86). LUN has higher dividend yield (3.1% vs 1.6%). FM has a P/E under 0, indicating LUN (P/E 27.179) is in a better position.

Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability. Features a lower EV/EBITDA ratio (8.48) than the industry average (14.36), indicating attractive valuation.
 

How to Buy LUN stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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