LUMI Stock Analysis: Lundin Mining | ST
Copper | ST, Sweden | Market Cap: 184.321m SEK | 12M Return: 146.5% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 97.3M
EPS Trend: 61.2%
Qual. Beats: 0
Rev. Trend: 92.3%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 10.5 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: 1.45b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.09 > 0.02 and ΔFCF/TA 2.43 > 1.0 |
| NWC/Revenue: 22.73% < 20% (prev 40.37%; Δ -17.64% < -1%) |
| CFO/TA 0.15 > 3% & CFO 1.65b > Net Income 1.45b |
| Net Debt (155.0m) to EBITDA (1.92b): 0.08 < 3 |
| Current Ratio: 1.81 > 1.5 & < 3 |
| Outstanding Shares: last quarter (860.8m) vs 12m ago 0.77% < -2% |
| Gross Margin: 38.32% > 18% (prev 45.17%; Δ -6.85% > 0.5%) |
| Asset Turnover: 36.18% > 50% (prev 31.41%; Δ 4.77% > 0%) |
| Interest Coverage Ratio: 26.65 > 6 (EBIT TTM 1.29b / Interest Expense TTM 48.5m) |
| A: 0.08 (Total Current Assets 2.06b - Total Current Liabilities 1.14b) / Total Assets 11.0b |
| B: 0.14 (Retained Earnings 1.50b / Total Assets 11.0b) |
| C: 0.12 (EBIT TTM 1.29b / Avg Total Assets 11.2b) |
| D: 2.49 (Book Value of Equity 6.85b / Total Liabilities 2.75b) |
| Altman-Z'' = 4.39 = AA |
| DSRI: 1.30 (Receivables 813.1m/550.9m, Revenue 4.04b/3.57b) |
| GMI: 1.18 (GM 45.17% / 38.32%) |
| AQI: 1.52 (AQ_t 0.17 / AQ_t-1 0.11) |
| SGI: 1.13 (Revenue 4.04b / 3.57b) |
| TATA: -0.02 (NI 1.45b - CFO 1.65b) / TA 11.0b) |
| Beneish M = -2.21 (Cap -4..+1) = BB |
As of July 16, 2026, the stock is trading at SEK 237.70 with a total of 172,552 shares traded. Over the past week, the price has changed by +10.10%, over one month by -11.47%, over three months by -12.20% and over the past year by +146.48%.
Current recommended Stop Loss: 224.20 (which is 5.7% or 1.3 ATR below the current price).
Lundin Mining has no consensus analysts rating.
Market Cap USD = 19.1b (184b SEK * 0.1036 SEK.USD)
P/E Trailing = 15.9218
P/E Forward = 18.8324
P/S = 45.1887
P/B = 3.0525
Revenue TTM = 4.04b USD
EBIT TTM = 1.29b USD
EBITDA TTM = 1.92b USD
Long Term Debt = 171.1m USD (from longTermDebt, last quarter)
Short Term Debt = 181.8m USD (from shortTermDebt, last quarter)
Debt = 720.4m USD (from shortLongTermDebtTotal, last quarter) + Leases 209.2m
Net Debt = 155.0m USD (calculated: Debt 720.4m - CCE 565.4m)
Enterprise Value = 19.3b USD (19.1b + Debt 720.4m - CCE 565.4m)
Interest Coverage Ratio = 26.65 (Ebit TTM 1.29b / Interest Expense TTM 48.5m)
EV/FCF = 20.08x (Enterprise Value 19.3b / FCF TTM 958.5m)
FCF Yield = 4.98% (FCF TTM 958.5m / Enterprise Value 19.3b)
FCF Margin = 23.70% (FCF TTM 958.5m / Revenue TTM 4.04b)
Net Margin = 35.88% (Net Income TTM 1.45b / Revenue TTM 4.04b)
Gross Margin = 38.32% ((Revenue TTM 4.04b - Cost of Revenue TTM 2.49b) / Revenue TTM)
Gross Margin QoQ = 46.38% (prev 29.47%)
Tobins Q-Ratio = 1.75 (Enterprise Value 19.3b / Total Assets 11.0b)
Interest Expense / Debt = 6.73% (Interest Expense 48.5m / Debt 720.4m)
Taxrate = 18.39% (87.2m / 474.2m)
NOPAT = 1.06b (EBIT 1.29b * (1 - 18.39%))
Current Ratio = 1.81 (Total Current Assets 2.06b / Total Current Liabilities 1.14b)
Debt / Equity = 0.11 (Debt 720.4m / totalStockholderEquity, last quarter 6.85b)
Debt / EBITDA = 0.08 (Net Debt 155.0m / EBITDA 1.92b)
Debt / FCF = 0.16 (Net Debt 155.0m / FCF TTM 958.5m)
Total Stockholder Equity = 6.29b (last 4 quarters mean from totalStockholderEquity)
RoA = 12.98% (Net Income 1.45b / Total Assets 11.0b)
RoE = 23.07% (Net Income TTM 1.45b / Total Stockholder Equity 6.29b)
RoCE = 20.01% (EBIT 1.29b / Capital Employed (Equity 6.29b + L.T.Debt 171.1m))
RoIC = 10.75% (NOPAT 1.06b / Invested Capital 9.82b)
WACC = 11.19% (E(19.1b)/V(19.8b) * Re(11.40%) + D(720.4m)/V(19.8b) * Rd(6.73%) * (1-Tc(0.18)))
Discount Rate = 11.40% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 88.53 | Cagr: 4.81%
[DCF] Terminal Value 69.37% ; FCFF base≈861.8m ; Y1≈988.0m ; Y5≈1.45b
[DCF] Fair Price = 16.87 (EV 14.6b - Net Debt 155.0m = Equity 14.4b / Shares 853.7m; r=11.19% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 61.22 | EPS CAGR: 25.66% | SUE: 0.18 | # QB: 0
Revenue Correlation: 92.34 | Revenue CAGR: 14.08% | SUE: -0.00 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.32 | Chg30d=+0.54% | Revisions=+40% | Analysts=3
EPS next Quarter (2026-09-30): EPS=0.36 | Chg30d=+6.48% | Revisions=+0% | Analysts=3
EPS current Year (2026-12-31): EPS=1.38 | Chg30d=+10.00% | Revisions=+0% | GrowthEPS=+52.8% | GrowthRev=+16.4%
EPS next Year (2027-12-31): EPS=1.60 | Chg30d=+14.56% | Revisions=+0% | GrowthEPS=+16.4% | GrowthRev=+1.7%
[Analyst] Revisions Ratio: +29% (up=3, down=1)