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LUNMF US​
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Lundin Mining Corporation/ADR(LUNMF US)

$20.47-0.452.15%(Market Open · 15:06:34 UTC)
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  • Home
  • AI Agent
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LUNMF US​
HomeStock ScreenerDocument SearchChartingWatchlistsRecent Filings

Lundin Mining Corporation/ADR(LUNMF US)

$20.47-0.452.15%(Market Open · 15:06:34 UTC)
Ask AI
Doc SearchProfileEntity StructureFinancialsChartingShort InterestEmployees

Overview

ProfileEntity Structure

Documents

SEC Filings

Financials & Metrics

FinancialsChartingShort InterestEmployees

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.
How it makes money
A short diagram of the business model.

Latest Documents

SEC Filings(1)

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

News

  • Lundin Mining Q3 Earnings Call Highlights8 Nov
  • Lundin Mining Corporation (LUN:CA) Q3 2026 Earnings Call Transcript5 Nov
  • Lundin Mining (LUNMF) Beats Q3 Earnings Estimates4 Nov
  • 5 Non-Ferrous Metal Mining Stocks to Watch in a Challenging Industry30 Oct
  • Lundin Mining (LUNMF) Earnings Expected to Grow: Should You Buy?28 Oct
  • 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

Mentions in Filings

  • … d to 52,858 GEOs in YTD 2025. The decrease was primarily due to the impact to mining operations due to heavy rainfalls from severe winter storms in Chile’s Atacama region resulting in lower-grade feed from stockpiles. <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)·Q4 26·12 Nov
  • … ulting in prolonged power outages and approximately 30 days of operational suspensions. The impacts continued into the fourth quarter, with snowmelt affecting haulage rates and ore deliveries to the mill. As a result, <strong>Lundin Mining</strong> reduced its 2026 copper production guidance to 105,000-115,000 tonnes, noting that the production shortfall is expected to be recovered during 2027. **Karlawinda -** *Gold - 2% NSR* • Royalty revenue from Karlawinda …
    Elemental Royalty CorpLundin Mining Corporation/ADR·EX-99.1 - 6-K - EXHIBIT 99.1·Q4 26·10 Nov
  • … three-year term, with amounts drawn bearing interest at SOFR plus 2.25%–3.50% per annum, depending on the Company's leverage ratio. The increased facility was utilized primarily to fund the Orion portfolio acquisition. As of the date of this MD&A, the Company had $210.0 million outstanding under the revolving credit facility. Key Producing Royalty Updates Caserones, Chile - Copper and Molybdenum - Effective 1.304% NSR <strong>Lundin Mining Corporation</strong> …
    Elemental Royalty CorpLundin Mining Corporation/ADR·EX-99.2 - 6-K - Current report (foreign private issuer)·Q3 26·10 Nov
  • … st, and Bonza Sur, and the potential of these gold deposits combined with the FDN deposit provides increasing confidence in sustained production at current levels over the long term. Chapada: On August 5, 2026, <strong>Lundin Mining Corporation</strong> ("Lundin Mining") provided an update on the Saúva growth project. Lundin Mining reported that earthworks for the additional ball mill began in July 2026, with construction expected to commence by year-end and com …
    ROYAL GOLD INCLundin Mining Corporation/ADR·EX-99.1 - 8-K - Results of Operations and Financial Condition·Q4 26·4 Nov
  • … Eléctrica (“YPF Luz”) in the province of Mendoza, which will generate an investment of U.S.$211 million. Within the framework of the RIGI, in May 2025, one of the world’s largest mineral reserves was found in the province of San Juan by the mining companies <strong>Lundin Mining</strong> and BHP. With an estimated production of 13 million tons of copper, the reserve is expected to produce approximately 32 million ounces of gold and 659 million ounces of silver.
    REPUBLIC OF ARGENTINALundin Mining Corporation/ADR·EX-99.D - 18-K - Annual report (foreign) FY 2025·FY25·27 Oct
  • … 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

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/E0.00
Est EPS0.29
Est PEG0.00

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 USD13 Nov '26
Price (As of 13 Nov '26)20.50
Basic Shares855.61
Market Cap17,540.0
Diluted Shares858.54
Fully Diluted Shares Outstanding858.54
Fully Diluted Market Cap17,600.0
+Consolidated Debt201.8
−In-the-Money Convertible Debt—
+Capital Leases201.8
+Operating Leases—
−Cash & Equivalents-265.8
−Short-term Investments-
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest1,261.9
+Pension Liabilities—
Enterprise Value18,737.9

Related companies

Southern Copper Corp/

SCCO 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

South32 Ltd

SOUHY US

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.
How it makes money
A short diagram of the business model.

Latest Documents

SEC Filings(1)

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

News

  • Lundin Mining Q3 Earnings Call Highlights8 Nov
  • Lundin Mining Corporation (LUN:CA) Q3 2026 Earnings Call Transcript5 Nov
  • Lundin Mining (LUNMF) Beats Q3 Earnings Estimates4 Nov
  • 5 Non-Ferrous Metal Mining Stocks to Watch in a Challenging Industry30 Oct
  • Lundin Mining (LUNMF) Earnings Expected to Grow: Should You Buy?28 Oct
  • 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

Mentions in Filings

  • … d to 52,858 GEOs in YTD 2025. The decrease was primarily due to the impact to mining operations due to heavy rainfalls from severe winter storms in Chile’s Atacama region resulting in lower-grade feed from stockpiles. <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)·Q4 26·12 Nov
  • … ulting in prolonged power outages and approximately 30 days of operational suspensions. The impacts continued into the fourth quarter, with snowmelt affecting haulage rates and ore deliveries to the mill. As a result, <strong>Lundin Mining</strong> reduced its 2026 copper production guidance to 105,000-115,000 tonnes, noting that the production shortfall is expected to be recovered during 2027. **Karlawinda -** *Gold - 2% NSR* • Royalty revenue from Karlawinda …
    Elemental Royalty CorpLundin Mining Corporation/ADR·EX-99.1 - 6-K - EXHIBIT 99.1·Q4 26·10 Nov
  • … three-year term, with amounts drawn bearing interest at SOFR plus 2.25%–3.50% per annum, depending on the Company's leverage ratio. The increased facility was utilized primarily to fund the Orion portfolio acquisition. As of the date of this MD&A, the Company had $210.0 million outstanding under the revolving credit facility. Key Producing Royalty Updates Caserones, Chile - Copper and Molybdenum - Effective 1.304% NSR <strong>Lundin Mining Corporation</strong> …
    Elemental Royalty CorpLundin Mining Corporation/ADR·EX-99.2 - 6-K - Current report (foreign private issuer)·Q3 26·10 Nov
  • … st, and Bonza Sur, and the potential of these gold deposits combined with the FDN deposit provides increasing confidence in sustained production at current levels over the long term. Chapada: On August 5, 2026, <strong>Lundin Mining Corporation</strong> ("Lundin Mining") provided an update on the Saúva growth project. Lundin Mining reported that earthworks for the additional ball mill began in July 2026, with construction expected to commence by year-end and com …
    ROYAL GOLD INCLundin Mining Corporation/ADR·EX-99.1 - 8-K - Results of Operations and Financial Condition·Q4 26·4 Nov
  • … Eléctrica (“YPF Luz”) in the province of Mendoza, which will generate an investment of U.S.$211 million. Within the framework of the RIGI, in May 2025, one of the world’s largest mineral reserves was found in the province of San Juan by the mining companies <strong>Lundin Mining</strong> and BHP. With an estimated production of 13 million tons of copper, the reserve is expected to produce approximately 32 million ounces of gold and 659 million ounces of silver.
    REPUBLIC OF ARGENTINALundin Mining Corporation/ADR·EX-99.D - 18-K - Annual report (foreign) FY 2025·FY25·27 Oct
  • … 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

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/E0.00
Est EPS0.29
Est PEG0.00

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 USD13 Nov '26
Price (As of 13 Nov '26)20.50
Basic Shares855.61
Market Cap17,540.0
Diluted Shares858.54
Fully Diluted Shares Outstanding858.54
Fully Diluted Market Cap17,600.0
+Consolidated Debt201.8
−In-the-Money Convertible Debt—
+Capital Leases201.8
+Operating Leases—
−Cash & Equivalents-265.8
−Short-term Investments-
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest1,261.9
+Pension Liabilities—
Enterprise Value18,737.9

Related companies

Southern Copper Corp/

SCCO 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

South32 Ltd

SOUHY US