The Globe and Mail reports in its Friday, July 11, edition that JPMorgan analyst Patrick Jones has lowered his recommendation for Lundin Mining to "neutral" from "overweight." The Globe's Darcy Keith writes in the Eye On Equities column that Mr. Jones elevated his share target to $15.60 from $15.30. Analysts on average target the shares at $16.08. Mr. Jones says the tightness in the copper market during the first half of this year, caused by increased demand ahead of potential tariffs, could negatively affect both consumption and prices in the second half. Mr. Jones notes that there are currently no significant catalysts for Lundin until the publication of its Vicuna integrated technical study in early 2026. In the meantime, the company's valuation has become more comparable to its peers. The Globe reported on June 20 that Desjardins Securities analyst Bryce Adams had reaffirmed his "buy" rating for Lundin Mining. The shares could then be had for $13.80. The Globe reported on June 25 that equity analysts at National Bank Financial continued to rate Lundin Mining "outperform." The shares could then be had for $13.92.