00:31:56 EDT Wed 23 Sep 2026
Enter Symbol
or Name
USA
CA



Lundin Mining Corp
Symbol LUN
Shares Issued 853,732,567
Close 2026-08-20 C$ 36.11
Market Cap C$ 30,828,282,994
Recent Sedar+ Documents

Globe says Lundin Mining maintained at "buy"

2026-08-20 07:09 ET - In the News

The Globe and Mail reports in its Thursday, Aug. 20, edition that Desjardins Securities analyst Bryce Adams has reaffirmed his "buy" recommendation for Lundin Mining. The Globe's David Leeder writes in the Eye On Equities column that Mr. Adams cut his share target back by $2 to $42. Analysts on average target the shares at $41.56. Mr. Adams sees Lundin's decision to reduce its 2026 production guidance "as a temporary operational setback as the damage is limited to power infrastructure and full power restoration is expected [shortly]." Mr. Adams says in a note: "We updated our model and now forecast copper production of 314kt at $1.99 (U.S.)/lb in 2026, within the revised guidance ranges. Caserones represents 40 per cent of our 2026E production and 15 per cent of our asset-level NAV. Upcoming catalysts. Chapada updated technical report including the satellite Sauva open pit (4Q26E); Vicuna Stage 1 detailed engineering and FID (YE26), exploration results from the Caserones Los Helados corridor (ongoing); operational improvement from full potential programs at all operations (ongoing)." The Globe reported on March 13 that Mr. Adams had reiterated his "buy" recommendation. The shares could then be had for $35.83.

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