LUMI Stock Analysis: Lundin Mining | ST
Copper | ST, Sweden | Market Cap: 231.042m SEK | 12M Return: 125.6% | CA5503721063 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 134M
EPS Trend: 74.6%
Qual. Beats: 0
Rev. Trend: 93.2%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Lundin Mining Corporation is a Canadian diversified base metals mining company headquartered in Vancouver, with operations spanning Chile, Brazil, and Argentina. The company focuses on the exploration, development, and mining of copper, gold, silver, molybdenum, and other metal deposits, and is classified within the Materials sector (Copper sub-industry) with a large-cap market capitalization of approximately $23.7 billion USD.
The company was incorporated in 1994 under the name South Atlantic Ventures Ltd. and adopted its current name in August 2004. Its primary listing is on the Stockholm Stock Exchange under the ticker LUMI.
As a base metals producer, Lundin Mining operates in a sector where copper in particular serves as a key industrial commodity used extensively in electrical wiring, construction, and renewable energy infrastructure. Chile, where the company has a meaningful presence, hosts some of the worlds largest copper reserves and is consistently among the top global copper-producing countries, making the region central to the long-term strategies of diversified miners in this space.
- Copper prices rally on tightening global supply and China demand
- Caserones production beat lifts copper segment revenue and margins
- Josemaria capex and Chilean water regulation pressure free cash flow
| Net Income: 1.52b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.10 > 0.02 and ΔFCF/TA 2.94 > 1.0 |
| NWC/Revenue: 15.87% < 20% (prev 12.58%; Δ 3.29% < -1%) |
| CFO/TA 0.16 > 3% & CFO 1.78b > Net Income 1.52b |
| Net Debt (-64.0m) to EBITDA (2.20b): -0.03 < 3 |
| Current Ratio: 1.60 > 1.5 & < 3 |
| Outstanding Shares: last quarter (858.5m) vs 12m ago -0.04% < -2% |
| Gross Margin: 38.99% > 18% (prev 45.62%; Δ -6.63% > 0.5%) |
| Asset Turnover: 41.73% > 50% (prev 36.80%; Δ 4.93% > 0%) |
| Interest Coverage Ratio: 34.39 > 6 (EBIT TTM 1.60b / Interest Expense TTM 46.5m) |
| A: 0.06 (Total Current Assets 1.82b - Total Current Liabilities 1.14b) / Total Assets 10.8b |
| B: 0.15 (Retained Earnings 1.68b / Total Assets 10.8b) |
| C: 0.15 (EBIT TTM 1.60b / Avg Total Assets 10.4b) |
| D: 2.75 (Book Value of Equity 7.02b / Total Liabilities 2.55b) |
| Altman-Z'' = 4.84 = AA |
| DSRI: 1.20 (Receivables 823.2m/579.2m, Revenue 4.32b/3.63b) |
| GMI: 1.17 (GM 45.62% / 38.99%) |
| AQI: 1.27 (AQ_t 0.17 / AQ_t-1 0.14) |
| SGI: 1.19 (Revenue 4.32b / 3.63b) |
| TATA: -0.02 (NI 1.52b - CFO 1.78b) / TA 10.8b) |
| Beneish M = -2.42 (Cap -4..+1) = BBB |
As of September 05, 2026, the stock is trading at SEK 246.20 with a total of 493,189 shares traded. Over the past week, the price has changed by -9.22%, over one month by -0.41%, over three months by -14.54% and over the past year by +125.59%.
Current recommended Stop Loss: 231.30 (which is 6.1% or 1.5 ATR below the current price).
Lundin Mining has no consensus analysts rating.
Market Cap USD = 24.2b (231b SEK * 0.1048 SEK.USD)
P/E Trailing = 18.1296
P/E Forward = 21.7391
P/S = 49.9346
P/B = 3.3839
Revenue TTM = 4.32b USD
EBIT TTM = 1.60b USD
EBITDA TTM = 2.20b USD
Long Term Debt = 56.3m USD (from longTermDebt, last fiscal year)
Short Term Debt = 51.2m USD (from shortTermDebt, last quarter)
Debt = 201.8m USD (from shortLongTermDebtTotal, last quarter) (leases 201.8m already included)
Net Debt = -64.0m USD (calculated: Debt 201.8m - CCE 265.8m)
Enterprise Value = 24.1b USD (24.2b + Debt 201.8m - CCE 265.8m)
Interest Coverage Ratio = 34.39 (Ebit TTM 1.60b / Interest Expense TTM 46.5m)
EV/FCF = 23.14x (Enterprise Value 24.1b / FCF TTM 1.04b)
FCF Yield = 4.32% (FCF TTM 1.04b / Enterprise Value 24.1b)
FCF Margin = 24.15% (FCF TTM 1.04b / Revenue TTM 4.32b)
Net Margin = 35.08% (Net Income TTM 1.52b / Revenue TTM 4.32b)
Gross Margin = 38.99% ((Revenue TTM 4.32b - Cost of Revenue TTM 2.64b) / Revenue TTM)
Gross Margin QoQ = 46.61% (prev 46.38%)
Tobins Q-Ratio = 2.23 (Enterprise Value 24.1b / Total Assets 10.8b)
Interest Expense / Debt = 23.05% (Interest Expense 46.5m / Debt 201.8m)
Taxrate = 30.02% (159.0m / 529.7m)
NOPAT = 1.12b (EBIT 1.60b * (1 - 30.02%))
Current Ratio = 1.60 (Total Current Assets 1.82b / Total Current Liabilities 1.14b)
Debt / Equity = 0.03 (Debt 201.8m / totalStockholderEquity, last quarter 7.02b)
Debt / EBITDA = -0.03 (Net Debt -64.0m / EBITDA 2.20b)
Debt / FCF = -0.06 (Net Debt -64.0m / FCF TTM 1.04b)
Total Stockholder Equity = 6.61b (last 4 quarters mean from totalStockholderEquity)
RoA = 14.64% (Net Income 1.52b / Total Assets 10.8b)
RoE = 22.94% (Net Income TTM 1.52b / Total Stockholder Equity 6.61b)
RoCE = 24.01% (EBIT 1.60b / Capital Employed (Equity 6.61b + L.T.Debt 56.3m))
RoIC = 11.74% (NOPAT 1.12b / Invested Capital 9.53b)
WACC = 11.63% (E(24.2b)/V(24.4b) * Re(11.59%) + D(201.8m)/V(24.4b) * Rd(23.05%) * (1-Tc(0.30)))
Discount Rate = 11.59% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 86.46 | Cagr: 4.65%
[DCF] Terminal Value 68.13% ; FCFF base≈890.4m ; Y1≈1.02b ; Y5≈1.50b
[DCF] Fair Price = 16.86 (EV 14.3b - Net Debt -64.0m = Equity 14.3b / Shares 851.3m; r=11.63% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 74.59 | EPS CAGR: 41.87% | SUE: -0.52 | # QB: 0
Revenue Correlation: 93.16 | Revenue CAGR: 15.50% | SUE: 0.00 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.27 | Chg30d=-18.99% | Revisions=-40% | Analysts=3
EPS current Year (2026-12-31): EPS=1.25 | Chg30d=-7.16% | Revisions=-40% | GrowthEPS=+39.3% | GrowthRev=+16.7%
EPS next Year (2027-12-31): EPS=1.73 | Chg30d=+10.19% | Revisions=-40% | GrowthEPS=+38.0% | GrowthRev=+3.8%
[Analyst] Revisions Ratio: -67% (up=0, down=6)