Financials Lundin Mining Corporation OTC Markets

Equities

LUNMF

CA5503721063

Diversified Mining

Delayed OTC Markets 12:12:10 2024-07-12 pm EDT 5-day change 1st Jan Change
11.79 USD +2.17% Intraday chart for Lundin Mining Corporation +0.60% +43.78%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 4,383 6,530 5,743 4,724 6,326 8,974 - -
Enterprise Value (EV) 1 4,441 6,591 5,180 4,735 7,543 10,505 10,669 11,467
P/E ratio 26 x 38.6 x 7.37 x 10.9 x 26.4 x 16 x 14.7 x 14.8 x
Yield 1.52% 1.43% 3.93% 5.66% 3.26% 2.15% 2.34% 2.27%
Capitalization / Revenue 2.32 x 3.2 x 1.73 x 1.55 x 1.86 x 2.01 x 2.02 x 2 x
EV / Revenue 2.35 x 3.23 x 1.56 x 1.56 x 2.22 x 2.35 x 2.4 x 2.56 x
EV / EBITDA 6.29 x 7.69 x 2.77 x 3.66 x 5.53 x 5.28 x 5.25 x 5.41 x
EV / FCF -44.1 x 49 x 5.44 x 139 x 2,158 x 39.6 x 548 x -24.1 x
FCF Yield -2.27% 2.04% 18.4% 0.72% 0.05% 2.52% 0.18% -4.15%
Price to Book 1.16 x 1.64 x 1.29 x 0.97 x 1.28 x 1.67 x 1.52 x 1.4 x
Nbr of stocks (in thousands) 734,234 736,020 734,987 770,747 773,689 776,756 - -
Reference price 2 5.970 8.872 7.814 6.129 8.177 11.55 11.55 11.55
Announcement Date 2/20/20 2/19/21 2/17/22 2/22/23 2/21/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,893 2,042 3,329 3,041 3,392 4,464 4,441 4,487
EBITDA 1 705.7 856.9 1,869 1,293 1,364 1,991 2,032 2,118
EBIT 1 315.4 409.7 1,273 564.3 530 1,311 1,437 1,381
Operating Margin 16.67% 20.07% 38.23% 18.56% 15.62% 29.36% 32.35% 30.79%
Earnings before Tax (EBT) 1 269.6 341.5 1,245 598.2 531.8 1,228 1,241 1,251
Net income 1 167.3 168.8 780.3 426.9 241.6 569.2 594.6 609.8
Net margin 8.84% 8.27% 23.44% 14.04% 7.12% 12.75% 13.39% 13.59%
EPS 2 0.2300 0.2300 1.060 0.5600 0.3100 0.7236 0.7886 0.7786
Free Cash Flow 1 -100.7 134.7 952.9 33.99 3.495 265.2 19.48 -476.4
FCF margin -5.32% 6.6% 28.62% 1.12% 0.1% 5.94% 0.44% -10.62%
FCF Conversion (EBITDA) - 15.71% 50.97% 2.63% 0.26% 13.32% 0.96% -
FCF Conversion (Net income) - 79.77% 122.11% 7.96% 1.45% 46.59% 3.28% -
Dividend per Share 2 0.0905 0.1270 0.3072 0.3470 0.2665 0.2484 0.2706 0.2622
Announcement Date 2/20/20 2/19/21 2/17/22 2/22/23 2/21/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 1,019 991.1 590.2 648.5 811.4 751.3 588.5 992.2 1,060 937 1,145 1,185 1,246 1,219 1,223
EBITDA 1 623 587.8 148.6 202.4 353.7 336.9 162.2 415.1 419.7 362.9 520 554 577.5 446 453
EBIT 1 405.9 459 -16.31 -4.695 126.7 183.5 24.24 165.1 157.1 155.1 373.6 440.3 494.7 421.9 421.2
Operating Margin 39.85% 46.32% -2.76% -0.72% 15.62% 24.42% 4.12% 16.64% 14.82% 16.56% 32.64% 37.14% 39.69% 34.62% 34.45%
Earnings before Tax (EBT) 1 393.6 455.3 0.377 -0.479 142.9 214 41.7 106.8 169.4 109.1 332.3 419.8 482.7 389.1 389.2
Net income 1 228.8 345.1 -52.58 -11.21 145.6 146.6 59.1 -2.964 38.8 13.88 158.2 218.2 321.4 197 197.5
Net margin 22.46% 34.82% -8.91% -1.73% 17.94% 19.51% 10.04% -0.3% 3.66% 1.48% 13.82% 18.41% 25.79% 16.17% 16.15%
EPS 2 0.3100 0.4700 -0.0700 -0.0100 0.1900 0.1900 0.0800 - 0.0500 0.0200 0.2147 0.2658 0.3624 0.2221 0.2174
Dividend per Share 2 0.0709 0.0701 0.0698 0.0664 0.0664 0.0661 0.0675 0.0648 0.0666 0.0654 0.0607 0.0581 0.0581 0.0495 0.0495
Announcement Date 2/17/22 4/27/22 7/27/22 10/26/22 2/22/23 5/3/23 8/2/23 11/1/23 2/21/24 5/1/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 58 61.6 - 10.9 1,217 1,530 1,695 2,493
Net Cash position 1 - - 563 - - - - -
Leverage (Debt/EBITDA) 0.0822 x 0.0719 x - 0.008433 x 0.8926 x 0.7685 x 0.8343 x 1.177 x
Free Cash Flow 1 -101 135 953 34 3.5 265 19.5 -476
ROE (net income / shareholders' equity) 4.48% 4.36% 18.5% 9.17% 6.85% 11.8% 11.9% 11.2%
ROA (Net income/ Total Assets) 2.6% 2.42% 10.6% 5.4% 2.54% 5.02% 5.57% 4.48%
Assets 1 6,426 6,988 7,347 7,905 9,519 11,341 10,680 13,611
Book Value Per Share 2 5.140 5.420 6.050 6.310 6.410 6.900 7.590 8.240
Cash Flow per Share 2 0.7700 0.7700 2.010 1.150 1.310 1.890 1.890 1.940
Capex 1 665 431 532 843 1,013 1,090 1,448 1,813
Capex / Sales 35.15% 21.12% 15.98% 27.72% 29.87% 24.42% 32.61% 40.41%
Announcement Date 2/20/20 2/19/21 2/17/22 2/22/23 2/21/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
21
Last Close Price
11.55 USD
Average target price
13.24 USD
Spread / Average Target
+14.62%
Consensus
  1. Stock Market
  2. Equities
  3. LUN Stock
  4. LUNMF Stock
  5. Financials Lundin Mining Corporation