Logo
  • Home
  • AI Agent
  • Annotations
  • Watchlists
  • Files
  • Pricing and plans
  • BlogAboutContact us
    APIMCP
    Terms of servicePrivacy policy
  • Get the full experience

    We save the real magic for signed-in users.

Logo
LUNMF US​

Lundin Mining Corporation/ADR(LUNMF US)

$21.14-0.070.33%Ext:$21.17+0.030.15%(Market Closed · 20:00:00 UTC)

Overview

ProfileEntity Structure

Documents

SEC Filings

Financials & Metrics

FinancialsChartingShort InterestEmployees

Lundin Mining Corporation/ADR — Company Profile

Lundin Mining Corporation functions as a diverse enterprise specializing in the exploration, development, and extraction of base metals. Its global footprint extends to mineral properties across Brazil, Chile, Portugal, Sweden, and the United States. The company primarily yields copper, zinc, nickel, and gold, while also producing lead, silver, and various other metallic resources. Lundin Mining holds complete ownership of several key assets, including the Chapada mine in Brazil, Portugal's Neves-Corvo operation, the Eagle mine in the United States, and Sweden's Zinkgruvan. Furthermore, it maintains an 80% equity interest in Chile's Candelaria and Ojos del Salado mining complex. Established in 1994, the company, initially known as South Atlantic Ventures Ltd., adopted its current name, Lundin Mining Corporation, in August 2004. Its corporate headquarters are situated in Toronto, Canada.

Sector
Basic Materials
Industry
Copper
Exchange
UU
CEO
Jack O. A. Lundin
Headquarters
Vancouver, NY, CA
IPO Date
Nov 1, 2006
Employees
6,195
Website
www.lundinmining.com

Key Metrics

Price
$24.52
Market Cap
$20.98B
Revenue (TTM)
$1.16B
Net Income (TTM)
$281.40M
EPS (TTM)
0.33
P/E (TTM)
14.47
P/B (TTM)
3.06
Dividend Yield
26.49%
ROE (TTM)
4.11%
ROA (TTM)
2.56%
Operating Margin
43.48%
Beta
1.80

Dividends

Last Dividend
$0.02
Last Yield
0.26%

Summary

Lundin Mining Corporation functions as a diverse enterprise specializing in the exploration, development, and extraction of base metals. Its global footprint extends to mineral properties across Brazil, Chile, Portugal, Sweden, and the United States. The company primarily yields copper, zinc, nickel, and gold, while also producing lead, silver, and various other metallic resources. Lundin Mining holds complete ownership of several key assets, including the Chapada mine in Brazil, Portugal's Neves-Corvo operation, the Eagle mine in the United States, and Sweden's Zinkgruvan. Furthermore, it maintains an 80% equity interest in Chile's Candelaria and Ojos del Salado mining complex. Established in 1994, the company, initially known as South Atlantic Ventures Ltd., adopted its current name, Lundin Mining Corporation, in August 2004. Its corporate headquarters are situated in Toronto, Canada.

Website
www.lundinmining.com
Location
Vancouver, NY, CA
Phone416 342 5560
Employees6,195
CEOJack O. A. Lundin
SectorBasic Materials
Industry
Copper
IPO DateNov 1, 2006

Ask AI

Company overview
Business model, segments, and competition.
Peer comparison
Metrics vs closest competitors.
Guidance & outlook
Forward guidance and assumptions.
Bull vs bear case
Upside drivers and key risks.
Valuation snapshot
Multiples vs history and peers.
Competitive moat
Defensibility and market position.
Management track record
Leadership and capital allocation history.

Latest Documents

SEC Filings(1)

Expand
  • F-6EFEffective registration statement (depository shares)24 Jun 2025

News

  • Lundin Mining (OTCMKTS:LUNMF) Shares Gap Up – Here’s Why12 Oct
  • Financial Comparison: Lundin Mining (OTCMKTS:LUNMF) versus Odyssey Marine Exploration (NASDAQ:OMEX)21 Sep
  • Lundin Mining: Tailwinds Of Funding, Financials, And Market Forecasts16 Sep
  • Lundin Mining Q2 Earnings Call Highlights9 Aug
  • Lundin Mining Corporation (LUN:CA) Q2 2026 Earnings Call Transcript6 Aug
  • Zacks Industry Outlook Southern Copper, Freeport, Lundin, Energy and Ero6 Aug
  • Lundin Mining (LUNMF) Misses Q2 Earnings Estimates5 Aug
  • 5 Non-Ferrous Metal Mining Stocks to Watch in a Challenging Industry5 Aug
  • LUNMF vs. SCCO: Which Stock Is the Better Value Option?3 Aug
  • Lundin Mining (LUNMF) Earnings Expected to Grow: What to Know Ahead of Next Week's Release29 Jul

Mentions in Filings

  • … e first phase and contribute to our strategy to deliver up to 650 ktpa copper production (~1 Mtpa CuEq) from our 100 per cent-owned Copper SA in the second phase.4 Vicuña: This non-operated joint venture with Canada’s <strong>Lundin Mining</strong> along the Argentina-Chile border is being developed using a staged approach. Vicuña remains on track for a potential Stage 1 final investment decision as early as end of CY2026, with the potential to produce ~200 ktpa …
    BHP Group LtdLundin Mining Corporation/ADR·6-K - Current report (foreign private issuer)·Q1 27·18 Aug
  • … has the rights to the assets and obligations to the liabilities relating to the joint arrangement and not its owners, this investment is accounted for as a joint venture. BHP Investments Canada Inc. (BHP Canada) and <strong>Lundin Mining</strong> each own 50% of Vicuña Corp and share joint control. In management’s judgement, and considering the offtake terms, BHP Canada and Lundin Mining do not have the rights to, or the obligation for, substantially all the ou …
    BHP Group LtdLundin Mining Corporation/ADR·20-F - Annual report (foreign private issuer) FY 2026·FY26·18 Aug
  • #\*Lucara Diamond Corp. 280 51 Lundin Gold, Inc. 65,314 4,923,571 Lundin Mining Corp., Registered 397,613 10,086,037 Magellan Aerospace Corp. 3,916 60,208 Magna International, Inc. 92,619 4,761,074 Magna International, Inc. 118,002 6,034,622 Mainstreet Equity Corp. 1,300 167,637 Shares Value CANADA — (Continued) \*Major Drilling Group International, Inc. 58,999 $ 650,921 Manulife Financial Corp. …
    Dimensional ETF TrustLundin Mining Corporation/ADR·NPORT-EX - NT NPORT-P - Notification of late filing (portfolio holdings)·Q1 26·13 Aug
  • available to the public. Item C.1. Identification of investment. a. Name of issuer (if any). <strong>Lundin Mining Corporation</strong> b. LEI (if any) of issuer. In the case of a holding in a fund that is a series of a series trust, report the LEI of the series. 549300FQDIM6C8HTN269 c. Title of the issue or description of the investment. LUNDIN MINING CORP d. CUSIP (if any). 550372106 At least one of the following other identifiers: Identifier. ISIN ISIN CA …
    Dimensional ETF TrustLundin Mining Corporation/ADR·NPORT-P - NT NPORT-P - Notification of late filing (portfolio holdings)·Q1 26·13 Aug
  • … ared to last year, which had the benefit of higher-grade ore from Phase 11. Underground mining rates were also lower in H1 2026 due to the insourcing of the underground mining contract, which was completed in Q2 2026. <strong>Lundin Mining</strong> expects production to be weighted towards H2 2026 due to increased availability of higher-grade Phase 12 ore, combined with increased underground mining rates as the underground insourcing initiative nears completion. …
    FRANCO NEVADA CorpLundin Mining Corporation/ADR·EX-99.2 - 6-K - Current report (foreign private issuer)·Q2 26·11 Aug
  • • Subsequent to quarter end, Caserones operations were suspended for thirteen days following severe winter storms that restricted site access and disrupted power supply. Consequently, <strong>Lundin Mining Corporation</strong> (TSX: LUN) stated annual copper production was now expected to be in the lower half of its guidance range of 130,000 to 140,000 tonnes. **Karlawinda -** *Gold - 2% NSR* • Royalty revenue from Karlawinda of US$3.1 million and US$5.9 millio …
    Elemental Royalty CorpLundin Mining Corporation/ADR·EX-99.1 - 6-K - EXHIBIT 99.1·Q3 26·11 Aug

Key Stats

Trading

Px/Chg 1D$24.52 / +4.70%
Avg Volume171.85K
Beta1.80
Mkt Cap20.98B
FD Mkt Cap22.86B

Float

Shrs Out/Float855.61M / 676.15M
Short Float0.02%
Days to Cover35.18
Stock Repurchased$40.20M

Current Valuation

EV22.17B
EV/EBITDA11.54
EV/Sales5.49
P/B3.06
P/S5.20
FCF Yield1.47%
ROE4.11%
ROA2.56%
Current Ratio1.81

Dividend

Cash$0.02
Yield26.49%
Yield (TTM)26.49%

Estimates

P/E14.47
Est P/EN/A
Est EPSN/A
Est PEGN/A

Valuation

Metric5Yr AvgMar '23Mar '24Mar '25Mar '26Oct '26
PRICE-BASED RATIOS
Price / Earnings22.4211.8332.75-31.6724.6574.55
Price / Sales8.681.662.331.8819.4118.10
Price / Book Value2.011.041.591.462.913.06
Price / Free Cash Flow508.10148.532,263.449.0651.6267.83
ENTERPRISE VALUE METRICS
Enterprise Value13,681.75,617.910,584.59,188.820,849.822,167.4
Enterprise Value / Sales9.571.853.122.6821.0719.13
Enterprise Value / EBITDA21.464.8210.098.4048.0036.00
Enterprise Value / EBIT33.589.2119.2118.5974.8346.05

Financials

Full Financials
Millions USD5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue3.4%3,328.83,041.23,392.13,422.63,806.9
Gross Income-2.7%1,165.0762.61,306.01,514.51,045.2
EBITDA-2.1%1,771.61,164.51,048.71,094.01,625.7
EBIT-5.8%1,244.4609.8550.9494.3980.2
Net Income13.7%780.3426.9241.6-203.51,305.5
EPS (Diluted)9.7%1.050.560.31-0.251.52
BALANCE SHEET
Cash & ST Inv-15.4%594.1191.4268.8407.6303.7
Total Assets9.1%7,636.98,172.810,861.210,406.710,800.9
Total Liabilities2.1%2,644.22,747.74,443.14,890.92,869.3
Total Shareholder Equity10.4%4,445.24,861.04,961.34,422.16,607.8
CASH FLOW
Net Operating Cash Flow-3%1,485.0876.91,016.61,518.91,312.9
Cap Ex7%-532.1-842.9-1,013.1-807.3-696.6
Free Cash Flow-10.3%952.934.03.5711.6616.3

Enterprise Value Bridge

Millions USD23 Oct '26
Price (As of 23 Oct '26)21.24
Basic Shares855.61
Market Cap18,173.2
Diluted Shares860.83
Fully Diluted Shares Outstanding860.83
Fully Diluted Market Cap18,284.1
+Consolidated Debt380.3
−In-the-Money Convertible Debt—
+Capital Leases209.2
+Operating Leases—
−Cash & Equivalents-565.4
−Short-term Investments-
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest1,372.9
+Pension Liabilities—
Enterprise Value19,361.0

Related companies

Southern Copper Corp/

SCCO US

Rio Tinto Ltd

RIO US

Grupo México, S.A.B. de C.V.

GMBXF US

Saudi Arabian Mining Company (Ma'aden)

MAADEN AB

Antofagasta Plc/fi

ANFGF US

China Molybdenum Co., Ltd.

CMCLF US

Fortescue Metals Group Limited

FSUGY US

First Quantum Minerals Ltd

FQVLF US

China Northern Rare Earth (Group) High-Tech Co.,Ltd.

600111 CG

China Tungsten And Hightech Materals Co.,Ltd

000657 CS

KGHM Polska Miedz S.A.

KGHPF US

Korea Zinc Company, Ltd.

010130 KP