Lundin Mining Stock | Analysis for March 2026, Price & Rating

Lundin Mining

TSX:LUN

C$ 32,04

+ C$0,82 (2,63%)

32,04 C$

+C$0,82 (2,63%)

End-of-day quote: 03/27/2026

Lundin Mining Stock Value

The analyst rating for TSX:LUN is currently Outperform.

Outperform

Lundin Mining Company Info

EPS Growth 5Y

31,74%

Market Cap

C$27,44 B

Long-Term Debt

C$0,08 B

Short Interest

2,78%

Quarterly earnings

05/07/2026 (E)

Dividend

C$0,11

Dividend Yield

0,35%

Founded

1994

Industry

Materials

Country

Canada

ISIN Number

CA5503721063

Website

http://www.lundinmining.com

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

C$40,39

26.06%

Last Update: 03/28/2026

Analysts: 23

Highest Price Target C$47,36

Average Price Target C$40,39

Lowest Price Target C$28,39

In the last five quarters, Lundin Mining’s Price Target has risen from C$7,16 to C$16,15 - a 125,56% increase. Twelve analysts predict that Lundin Mining’s share price will increase in the coming year, reaching C$40,39. This would represent an increase of 26,06%.

Top growth stocks in the materials sector (5Y.)

What does Lundin Mining do?

Lundin Mining Corporation engages in the mining, exploration, and development of mineral properties. Business Segments The company operates through eight reportable segments, which include six active mining sites. The segments encompass diverse geographical areas and mineral types, enabling the company to effectively allocate resources and leverage its operational capabilities. The operating segments consist of: Candelaria Mine: The company flagship assets, known for copper and gold producti...

Lundin Mining Corporation engages in the mining, exploration, and development of mineral properties.

Business Segments

The company operates through eight reportable segments, which include six active mining sites. The segments encompass diverse geographical areas and mineral types, enabling the company to effectively allocate resources and leverage its operational capabilities.

The operating segments consist of:

Candelaria Mine: The company flagship assets, known for copper and gold production. It plays a crucial role in contributing to the company's overall output.

Ojos del Salado Mine: The company also situated in Chile, Ojos del Salado is recognized for its nickel and copper resources. The mine benefits from advanced technology and sustainable practices.

Caserones Mine: The company focuses on producing copper and is noted for its efficiently run operations, which contribute to the overall productivity of Lundin Mining.

Eagle Mine: The company specializes in nickel and copper production. The site is lauded for its innovative practices, including responsible waste management and community engagement.

TJL Project: The company project emphasizes the company's commitment to exploration and the future development of mineral assets.

Neves-Corvo Mine: The company primarily focused on copper and zinc production. The Neves-Corvo Mine showcases strong operational performance in a competitive marketplace.

Zinkgruvan Mine: The company operates primarily in lead and zinc mining. It continues to demonstrate efficient practices while executing various sustainable initiatives.

Josemaria Project: The company is an emerging asset with significant copper and gold resources. The project is currently in the development phase, with an emphasis on sustainable mining practices.

Each segment is managed independently, allowing for tailored strategies that resonate with the unique operations and market dynamics of their respective locations. By diversifying across different geographies and mineral products, Lundin Mining minimizes risk while maximizing its potential for growth.

Business Strategy

The company business strategy centers around achieving operational excellence through effective resource management, investment in innovation, and prioritizing sustainability. The company is committed to enhancing its exploration efforts to identify and develop new mineral reserves while optimizing existing operations to ensure maximum efficiency and profitability.

Continued investment in technological advancements is a crucial aspect of strategy. Implementing innovative mining techniques enhances productivity and strengthens safety measures across its sites. The company seeks to maintain a strong balance sheet to support growth initiatives and weather fluctuations in commodity prices effectively.

The company adheres to best practices concerning environmental stewardship, which includes reducing greenhouse gas emissions, enhancing water consumption efficiency, and ensuring that mining operations do not harm local ecosystems. Active engagement with stakeholders, including local communities and government entities, is essential to gain social license and foster positive relationships.

The company actively explores opportunities for mergers or acquisitions that can enhance its asset portfolio, thereby increasing shareholder value. By strategically positioning itself in the global market, the company aims to solidify its reputation as a responsible operator and preferred partner within the mining industry.

Products and Services

The company offers a wide array of mineral products derived from its operating mines. The primary products include copper, nickel, zinc, and gold, each contributing significantly to the company's revenue streams.

Copper: The company main products, copper is marketed to various global industries, including electrical, construction, and electronics, for its excellent conductivity and low cost.

Nickel: The company produces nickel, mainly utilized in the production of stainless steel and battery components. Lundin’s nickel operations focus on high-quality output suitable for the evolving market.

Zinc: The company mining markets zinc as a vital component for galvanization and other applications within the construction and manufacturing sectors.

Gold: Gold extracted from the mines serves various industries, including jewelry, electronics, and as an investment commodity.

Lead: Lead production focuses on various applications, including batteries, radiation shielding, and construction materials.

Molybdenum: Although a smaller segment, molybdenum is valuable for its applications in steel alloying and other critical industrial processes.

Silver: Silver is also produced as a by-product and is known for its uses in jewelry, electronics, and as an investment.

The company emphasizes sustainability in its production processes while adhering to strict safety and environmental regulations, ensuring that the extracted resources contribute positively to both the company and the broader market.

Geographical Markets

The company operates in various geographical markets worldwide, including South America, North America, and Europe. Its operations are strategically located in mineral-rich areas, facilitating efficient access to vital resources and markets.

Seasonality

The company exhibit pronounced seasonal trends; rather, its performance can be influenced by several external factors, including commodity prices, market demand, and operational efficiency. However, variations in production output may occur due to weather conditions or disruptions in supply chains, impacting operational timelines.

Customers

The company serves a diverse customer base comprising various industries that utilize the minerals produced. The customer categories include manufacturers of electrical components, construction materials, automotive producers, and investors in precious metals. Detailed information about specific customer names and the number of customers served is not provided. However, the company’s global reach ensures that it caters to numerous clients across different markets.

Sales and Marketing

The company utilizes a multi-faceted sales and marketing strategy to ensure optimal distribution of its mineral products. The company engages in direct sales to large industrial clients, leveraging contracts to secure consistent demand. Additionally, Lundin explores strategic partnerships and collaborations to expand its market reach.

The distribution channels employed involve logistics planning and partnerships with transportation companies, ensuring efficient delivery of products to customers globally. The company's marketing efforts focus on building brand awareness and establishing strong relationships within the industry to facilitate growth.

History

The company was incorporated in 1994. The company was formerly known as South Atlantic Ventures Ltd. and changed its name to Lundin Mining Corporation in 2004.

Lundin Mining Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Revenue distribution by industry:** - Copper: approx. 70% - Zinc: approx. 15% - Nickel: approx. 10% - Other metals (e.g. gold, silver): approx. 5% **TOP 3 Markets:** 1. **Europe:** approx. 35% 2. **North America:** approx. 30% 3. **Asia:** approx. 25% Lundin Mining Corporation generates the majo...

At which locations are the company’s products manufactured?

**Production sites of Lundin Mining Corporation:** 1. **Candelaria Mine, Chile** 2. **Eagle Mine, USA** 3. **Neves-Corvo Mine, Portugal** 4. **Zinkgruvan Mine, Sweden** 5. **Chapada Mine, Brazil** Lundin Mining Corporation is a diversified mining company focusing on the production of copper, nicke...

What strategy does Lundin Mining pursue for future growth?

**Strategic Growth Goals:** - **Investments in Copper Projects:** Focus on expanding existing mines and developing new projects. - **Sustainability Initiatives:** Increase investments in environmentally friendly technologies and reduce the CO2 footprint. - **Geographical Diversification:** Expand ac...

Which raw materials are imported and from which countries?

**Main raw materials:** Copper, Nickel, Zinc, Gold **Import countries:** Brazil, Chile, Portugal, Sweden, USA Lundin Mining Corporation is an internationally operating mining company specializing in the production of base metals such as copper, nickel, and zinc. The company operates mines in vario...

How strong is the company’s competitive advantage?

**Market share in the copper sector:** 5% (2024, estimate) **EBITDA margin:** 35% (2024) **Resource reserves:** 7 million tons of copper equivalent (2024, estimate) Lundin Mining Corporation has a moderate competitive advantage in the mining sector, especially in the copper sector. The company...

What is the share of institutional investors and insider buying/selling?

**Institutional Investor Share:** Approx. 70% (estimated for 2025 based on historical data) **Insider Purchases/Sales:** No significant changes reported (as of 2024) The institutional investor share in Lundin Mining Corporation traditionally stands at around 70%, indicating the interest of large i...

What percentage market share does Lundin Mining have?

**Market share of Lundin Mining Corporation:** Estimate 3-5% (2025) **Top competitors and their market shares:** 1. **BHP Group** - approx. 15% 2. **Rio Tinto** - approx. 14% 3. **Vale S.A.** - approx. 13% 4. **Glencore** - approx. 12% 5. **Anglo American** - approx. 10% 6. **Freeport-McMoRan** - a...

Is Lundin Mining stock currently a good investment?

**Revenue Growth:** 8.2% (2024) **Profit Growth:** 6.5% (2024) **Copper Production:** 250,000 tons (2024) Lundin Mining Corporation demonstrates solid revenue growth of 8.2% in 2024, attributed to stable demand for its main products, especially copper. Copper production reached 250,000 tons, a key...

Does Lundin Mining pay a dividend – and how reliable is the payout?

**Dividend yield:** 3.5% (2025) **Dividend history:** Continuous payout for over 10 years Lundin Mining Corporation pays a dividend with a current dividend yield of 3.5%. The company has pursued a reliable dividend policy in recent years and has consistently maintained its dividend payments. The r...

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Lundin Mining Stock Value

Lundin Mining Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the materials sector (5Y.)

What does Lundin Mining do?

Lundin Mining Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

New support ticket

Explore

Lundin Mining Stock Value

Lundin Mining Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the materials sector (5Y.)

What does Lundin Mining do?

Lundin Mining Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.