Lundin Mining (LUNMF) shares rose 5.3% to $11.08 in the last trading session, marking a notable increase in volume. Over the past four weeks, the stock has gained 7.4% following an upgrade to Hold by an analyst at Raymond James.
The firm projects earnings for the second quarter of 14 cents per share, 18 cents for the third quarter, and 20 cents for the fourth quarter, with a full-year estimate of 74 cents per share for 2025. The upcoming earnings report is expected to show $0.09 per share, a 43.8% decline year-over-year, with revenues estimated at $846.32 million, down 21.9% from the prior year.
Additionally, the consensus EPS estimate for the quarter was revised 4.3% higher in the last 30 days. The stock currently holds a Zacks Rank of #3 (Hold).
