Lundin Mining Corporation posted impressive first-quarter 2026 results, with sales reaching approximately $1.16 billion and net income of $281.4 million, exceeding analyst expectations for the fourth straight quarter. While Stifel Canada maintains a 'buy' rating, JPMorgan has downgraded its stance to 'Underweight', highlighting a split in analyst sentiment. The company also extended its revolving credit facility to $4.5 billion and announced a quarterly dividend of $0.0275 per share, scheduled for payment on June 25, 2026.
“Stifel Canada · reiterated · buy rating · on the shares of Lundin Mining (LUN.TO)”
“Lundin Mining Corporation · reported · first-quarter 2026 results · sales rising to US$1,158.8 million and net income to US$281.4 million”
“Lundin Mining Corporation · outperformed · analyst expectations · earnings and revenue surpassed consensus estimates for a fourth consecutive quarter”
“Lundin Mining Corporation · extended · its revolving credit facility · to US$4.5 billion”
“Lundin Mining Corporation · projects · $4.5 billion revenue and $1.0 billion earnings by 2029 · requires 1.7% yearly revenue growth and a $0.2 billion earnings decrease from $1.2 billion today”
“Lundin Mining · has updated fair value estimate · C$39.06 · C$38.90”
“Lundin Mining · has higher Canadian dollar targets set by · TD Securities · C$45”
“Lundin Mining · was downgraded by · JPMorgan · Underweight”
“Lundin Mining · agreed to acquire additional interest in SCM Minera Lumina Copper Chile · 5% · 30.9%”
“Lundin Mining Corporation · announced · voting results · 2026 Annual Meeting of Shareholders”
“Lundin Mining Corporation · recommended · voting outcomes · on all items of business considered at the Meeting”
“Lundin Mining · is headquartered in · Vancouver, Canada”
