TSX · Copper · CAD

Lundin Mining Corporation (LUN.TO) Stock Analysis

Lundin Mining Corporation (LUN.TO) is a Copper stock listed on TSX and quoted in Canadian Dollar.

Last Updated: October 21, 2026

LUN.TO

CA$32.00

−CA$0.94 (−2.85%)

Oct 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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LUN.TO Key Statistics

As of Oct 21, 2026

Trading

Open: CA$32.68
Previous Close: CA$32.94
Day's Range: 31.58–32.88
52-Week Range: 20.09–45.74
Volume: 2.02M
Beta: 2.10

Valuation

Market Cap: CA$27.24B
P/E Ratio: 14.81
Forward P/E: 15.30
PEG Ratio: 0.93
P/S ratio: 5.89
EPS (ttm): 2.16

Financials (FY)

Revenue (FY): CA$4.05B+23.95%
Net Income (FY): CA$1.28B
Profit margin: 32.51%
Shares Outstanding: 851.36M
1-Year Return: +54.85%

Dividend and dates

Dividend: CA$0.11+0.33%
Ex-Dividend Date: September 4, 2026
Earnings Date: November 4, 2026
Avg Volume: 2.20M

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, LUN.TO closed at CA$32.00, +54.85% over 1 year.

Lundin Mining Corporation (LUN.TO) has a market capitalization of CA$27.24B.

In fiscal 2025, LUN.TO reported revenue of CA$4.05B.

LUN.TO Stock Return by Calendar Year

Lundin Mining Corporation (LUN.TO) 10-year return: what CA$10,000 became

1 year: CA$10,000 CA$15,485; +54.85%
5 years: CA$10,000 CA$35,983; +259.83%
10 years: CA$10,000 CA$78,721; +687.21%

If you had invested CA$10,000 in Lundin Mining Corporation (LUN.TO) 10 years ago, at the close on October 21, 2016, it would have been worth CA$78,721 at the close on October 21, 2026: +687.21% in total, +22.92% a year, with dividends reinvested. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

−31.40%+141.31%+8.64%

2016*2017201820192020202120222023202420252026*

Year	Return
2026 (partial year)	+8.64%
2025	+141.31%
2024	+17.72%
2023	+35.67%
2022	−11.74%
2021	−9.34%
2020	+49.12%
2019	+40.12%
2018	−31.40%
2017	+32.67%
2016 (partial year)	+13.68%

As of October 21, 2026.

LUN.TO Revenue and Earnings by Fiscal Year

FY ends December

RevenueNet income

2022202320242025

Fiscal year	Revenue	Net income	Net margin
2025	CA$4.05B	CA$1.28B	31.7%
2024	CA$3.27B	−CA$203.50M	−6.2%
2023	CA$2.74B	CA$241.56M	8.8%
2022	CA$3.04B	CA$426.85M	14.0%

Fiscal year	Revenue	Gross profit	Operating income	Net income	Net margin
2025	CA$4.05B	CA$1.40B	CA$1.28B	CA$1.28B	31.7%
2024	CA$3.27B	CA$935.80M	CA$816.70M	−CA$203.50M	−6.2%
2023	CA$2.74B	CA$601.53M	CA$471.07M	CA$241.56M	8.8%
2022	CA$3.04B	CA$762.57M	CA$550.00M	CA$426.85M	14.0%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

LUN.TO Dividend History

’17’18’19’20’21’22’23’24’25’26*

CA$0.17−61.3% vs 2024

Dividends per share, 2025 · 4 payments

Year	Dividends per share	Payments	Change
2026*	CA$0.08	3	—
2025	CA$0.17	4	−61.3%
2024	CA$0.45	5	+25.0%
2023	CA$0.36	4	−23.4%

Year	Dividends per share	Payments	Change
2026 (partial year)	CA$0.08	3	—
2025	CA$0.17	4	−61.3%
2024	CA$0.45	5	+25.0%
2023	CA$0.36	4	−23.4%
2022	CA$0.47	4	+20.5%
2021	CA$0.39	4	+143.8%
2020	CA$0.16	4	+33.3%
2019	CA$0.12	4	+0.0%
2018	CA$0.12	4	+0.0%
2017	CA$0.12	4	—

Most recent payment: CA$0.03 per share, ex-dividend September 4, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

LUN.TO Valuation vs Copper Median

Median of 17 stocks

Metric	LUN.TO	Copper median	vs median
P/E	14.81	15.57	5% below
P/S ratio	5.89	4.15	42% above
Profit margin	32.51%	17.81%	14.7 pts above

Medians across 17 Copper stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Analysis

Data-derived

Company Overview

The market values Lundin Mining Corporation (LUN.TO) at CA$27.24B. The company sits in the Basic Materials sector, in the Copper industry.

The most recent close on file for LUN.TO is CA$32.00, dated October 21, 2026. That is −CA$0.94 (−2.85%) against the previous close. Over the past 52 weeks the price has ranged from CA$20.09 to CA$45.74. The latest close sits 59.28% above that 52-week low.

Financial Health

Fiscal 2025 revenue came to CA$4.05B. That is +23.95% against the prior fiscal year, when revenue was CA$3.27B. The same year closed with net income of CA$1.28B. The reported profit margin is 32.51%. That is 14.7 percentage points above the Copper median of 17.81%. Earnings per share on a trailing basis come to 2.16.

Across the 4 fiscal years on file, revenue moves from CA$3.04B in 2022 to CA$4.05B in 2025. Of those 4 years, 3 report positive net income.

Valuation Assessment

The trailing P/E ratio stands at 14.81. That is 4.85% below the Copper median of 15.57. On forward earnings the ratio is 15.3. The PEG ratio, which sets the P/E against expected earnings growth, reads 0.93. The price-to-sales ratio is 5.89. On price-to-sales that is 41.9% above the Copper median of 4.15. 17 Copper companies report these metrics, and the medians quoted come from that group.

Beta against the wider market is reported at 2.1. Daily returns over the trailing 10 years annualize to a volatility of 46.33%. The trailing one-year total return is +54.85%. Across 10 years the annualized return works out at +22.92%.

Growth & Income

The trailing dividend yield is 0.33%. That is 0.4 percentage points below the Copper median yield of 0.71%. The indicated annual rate is CA$0.11 a share. The ex-dividend date on file is September 4, 2026. Dividends are recorded for 10 calendar years; 2026 shows 3 payments totalling CA$0.08 a share. The year before, 2025, totalled CA$0.17 a share.

2026 is still running; the total return is +8.64% year to date. Across the complete calendar years on file, 2025 returned +141.31% and 2018 returned −31.40%. Of the 9 complete calendar years on file, 6 finished higher.

Peer Comparison

Lundin Mining Corporation (LUN.TO) operates in the Copper industry. Here is how it compares to its closest peers by market capitalization:

Company	Ticker	Market Cap	P/E Ratio
Lundin Mining Corporation	LUN.TO	CA$27.24B	14.8
Southern Copper Corporation	SCCO	$167.24B	29.6
Freeport-McMoRan Inc.	FCX	$98.94B	33.9
Teck Resources Limited	TECK	$30.80B	17.1

Market caps are shown in each company's own trading currency, without conversion, and the peers are listed in order of these unconverted figures.

The Copper industry average P/E ratio is 15.6x. Lundin Mining Corporation trades at a P/E of 14.8.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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About Lundin Mining Corporation

Lundin Mining Corporation, a diversified base metals mining company, engages in the exploration, development, and mining of mineral properties in Chile, Brazil, and Argentina. It explores for copper, gold, silver, molybdenum, and other metal deposits. The company was formerly known as South Atlantic Ventures Ltd. and changed its name to Lundin Mining Corporation in August 2004. Lundin Mining Corporation was incorporated in 1994 and is headquartered in Vancouver, Canada.

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