Lundin Mining Financials

LUN Stock  CAD 13.40  0.27  2.06%   
You can employ fundamental analysis to find out if Lundin Mining is mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We were able to interpolate fourty available fundamentals for Lundin Mining, which can be compared to its peers in the industry. To ensure the equity is not overpriced, please verify all Lundin Mining financials, including its total debt, target price, and the relationship between the ebitda and cash flow from operations . The stock experiences an unexpected upward trend. Watch out for market signals. Check odds of Lundin Mining to be traded at C$16.08 in 90 days. Key indicators impacting Lundin Mining's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.170.2995
Way Down
Slightly volatile
Current Ratio2.731.4802
Way Up
Very volatile
With this module, you can analyze Lundin financials for your investing period. You should be able to track the changes in Lundin Mining individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Lundin Mining Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Lundin Mining's financial statements are interrelated, with each one affecting the others. For example, an increase in Lundin Mining's assets may result in an increase in income on the income statement.
Evaluating Lundin Mining's financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Lundin Mining's profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Lundin Mining's relative financial performance

Chance Of Distress

Less than 1

 
100  
 
Zero
Very Small
Lundin Mining has less than 1 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Lundin Mining stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, Lundin Mining's odds of distress score SHOULD NOT be confused with the real chance of Lundin Mining filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as Lundin is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include Lundin Mining's liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
More Info
The data published in Lundin Mining's official financial statements usually reflect Lundin Mining's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Lundin Mining. For example, before you start analyzing numbers published by Lundin accountants, it's critical to develop an understanding of what Lundin Mining's liquidity, profitability, and earnings quality are in the context of the Metals & Mining space in which it operates.
Please note, the presentation of Lundin Mining's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Lundin Mining's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Lundin Mining's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Lundin Mining. Please utilize our Beneish M Score to check the likelihood of Lundin Mining's management manipulating its earnings.

Lundin Mining Company Summary

Lundin Mining competes with NovaGold Resources, Dundee Precious, OceanaGold, MAG Silver, and Chemtrade Logistics. Lundin Mining Corporation, a diversified base metals mining company, engages in the exploration, development, and mining of mineral properties in Chile, Brazil, the United States, Portugal, and Sweden. Lundin Mining Corporation was incorporated in 1994 and is headquartered in Toronto, Canada. LUNDIN MINING operates under Copper classification in Canada and is traded on Toronto Stock Exchange. It employs 4170 people.
Foreign Associate
  USA
Specialization
Basic Materials, Materials
InstrumentCanada Stock View All
ExchangeToronto Exchange
CIK Number0001377085
ISINCA5503721063
RegionNorth America
Business Address885 West Georgia
SectorMetals & Mining
IndustryMaterials
BenchmarkNYSE Composite
Websitewww.lundinmining.com
Phone604 689 7842
CurrencyCAD - Canadian Dollar
You should never invest in Lundin Mining without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Lundin Stock, because this is throwing your money away. Analyzing the key information contained in Lundin Mining's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Lundin Mining Key Financial Ratios

Generally speaking, Lundin Mining's financial ratios allow both analysts and investors to convert raw data from Lundin Mining's financial statements into concise, actionable information that can be used to evaluate the performance of Lundin Mining over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Lundin Mining reports annually and quarterly.

Lundin Mining Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets6.9B7.1B7.6B8.2B10.9B11.4B
Other Current Liab172.9M194.6M407.9M267.2M26.4M25.1M
Net Debt58.0M61.6M(563.1M)5.9M939.8M986.8M
Retained Earnings(178.3M)(98.2M)437.2M592.4M627.9M659.3M
Accounts Payable188.4M126.0M199.5M315.9M393.8M413.5M
Cash250.6M141.4M594.1M191.4M268.8M341.9M
Net Receivables348.9M396.1M662.3M594.8M643.7M675.9M
Total Liab2.6B2.6B2.6B2.7B4.4B4.7B
Total Current Assets869.7M837.9M1.5B1.2B1.8B1.9B
Other Current Assets14.3M20.5M16.8M38.6M21.4M20.3M
Short Term Debt80.8M116.9M14.6M170.1M195.7M205.5M
Inventory216.5M254.0M227.4M296.7M599.4M629.4M
Other Liab1.8B1.9B1.8B1.8B2.0B1.2B
Net Tangible Assets3.5B3.7B4.2B4.6B5.3B3.8B
Long Term Debt198.9M86.1M2.5M13.4M1.0B1.1B
Good Will242.2M251.2M243.0M237.3M240.6M185.9M
Short Long Term Debt80.8M116.9M14.6M156.3M165.0M86.2M
Common Stock4.2B4.2B4.2B4.6B5.2B4.2B
Other Assets710.8M821.4M801.3M740.7M851.8M469.0M
Long Term Debt Total227.8M86.1M16.4M27.2M24.5M23.2M
Capital Surpluse51.3M52.1M58.2M55.8M64.1M56.3M

Lundin Mining Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Lundin Mining's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense13.9M12.3M7.5M11.6M63.9M67.1M
Operating Income295.0M364.2M1.3B448.2M506.8M273.8M
Ebit295.0M364.2M1.3B448.2M515.4M541.2M
Ebitda681.1M811.7M1.8B1.0B1.2B1.2B
Income Before Tax269.6M341.5M1.2B598.2M531.8M558.4M
Net Income167.3M168.8M780.3M426.9M241.6M253.6M
Income Tax Expense80.4M152.4M365.7M134.6M154.8M162.6M
Total Revenue1.9B2.0B3.3B3.0B3.4B3.6B
Gross Profit440.4M498.1M1.4B762.6M652.4M474.5M
Cost Of Revenue1.5B1.5B2.0B2.3B2.7B2.9B
Minority Interest524.3M518.6M(99.0M)(36.7M)(73.7M)(70.0M)
Research Development16.8M18.0M8.2M107.6M11.0M10.4M
Tax Provision80.4M152.4M365.7M134.6M216.6M152.5M
Interest Income1.8M6.0M6.9M7.4M11.1M10.6M
Net Interest Income(38.8M)(36.3M)(32.3M)(49.8M)(79.5M)(83.5M)

Lundin Mining Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Lundin Mining. It measures of how well Lundin is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Lundin Mining brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Lundin had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Lundin Mining has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change In Cash(564.9M)(109.1M)452.6M(402.7M)77.4M81.3M
Free Cash Flow(100.7M)134.7M952.9M34.0M3.5M3.3M
Other Non Cash Items358.3M432.7M(21.9M)(28.0M)76.4M72.5M
Capital Expenditures665.3M431.2M532.1M842.9M1.0B1.1B
Net Income189.2M189.1M879.3M463.5M241.6M253.6M
End Period Cash Flow250.6M141.4M594.1M191.4M268.8M341.9M
Depreciation396.5M453.4M522.8M554.8M638.0M669.9M
Investments(1.3B)(421.0M)32.2M(1.0B)(1.7B)(1.6B)
Net Borrowings256.2M(117.9M)(180.5M)102.0M91.8M96.4M
Change To Netincome15.3M104.2M243.5M(13.3M)(11.9M)(11.3M)
Change To Inventory(27.7M)(86.2M)(68.6M)10.3M(71.9M)(68.3M)
Dividends Paid66.4M88.0M227.4M275.4M(206.5M)(196.2M)

Lundin Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Lundin Mining's current stock value. Our valuation model uses many indicators to compare Lundin Mining value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Lundin Mining competition to find correlations between indicators driving Lundin Mining's intrinsic value. More Info.
Lundin Mining is rated third overall in shares owned by insiders category among related companies. It is currently regarded as number one stock in ebitda category among related companies totaling about  63,384,994  of EBITDA per Shares Owned By Insiders. At this time, Lundin Mining's EBITDA is very stable compared to the past year.. Comparative valuation analysis is a catch-all model that can be used if you cannot value Lundin Mining by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Lundin Mining's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Lundin Mining's earnings, one of the primary drivers of an investment's value.

Lundin Mining Systematic Risk

Lundin Mining's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Lundin Mining volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Lundin Mining correlated with the market. If Beta is less than 0 Lundin Mining generally moves in the opposite direction as compared to the market. If Lundin Mining Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Lundin Mining is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Lundin Mining is generally in the same direction as the market. If Beta > 1 Lundin Mining moves generally in the same direction as, but more than the movement of the benchmark.

Lundin Mining Total Assets Over Time

About Lundin Mining Financials

What exactly are Lundin Mining Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Lundin Mining's income statement, its balance sheet, and the statement of cash flows. Potential Lundin Mining investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Lundin Mining investors may use each financial statement separately, they are all related. The changes in Lundin Mining's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Lundin Mining's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze Lundin Mining Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Lundin Mining is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Lundin has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Lundin Mining's financials are consistent with your investment objective using the following steps:
  • Review Lundin Mining's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Lundin Mining's liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Lundin Mining's financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Lundin Mining's stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.

Lundin Mining Thematic Clasifications

Lundin Mining is part of Manufacturing investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Manufacturing of goods across different domains. Companies that provide goods across residential, commercial and industrial construction such as machinery, tools, or lumber production
ManufacturingView
This theme covers Manufacturing of goods across different domains. Companies that provide goods across residential, commercial and industrial construction such as machinery, tools, or lumber production. Get More Thematic Ideas
Today, most investors in Lundin Mining Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Lundin Mining's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Lundin Mining growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.53)

At this time, Lundin Mining's Price Earnings To Growth Ratio is very stable compared to the past year.

Lundin Mining March 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Lundin Mining help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Lundin Mining. We use our internally-developed statistical techniques to arrive at the intrinsic value of Lundin Mining based on widely used predictive technical indicators. In general, we focus on analyzing Lundin Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Lundin Mining's daily price indicators and compare them against related drivers.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lundin Mining. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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When running Lundin Mining's price analysis, check to measure Lundin Mining's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lundin Mining is operating at the current time. Most of Lundin Mining's value examination focuses on studying past and present price action to predict the probability of Lundin Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lundin Mining's price. Additionally, you may evaluate how the addition of Lundin Mining to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Lundin Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lundin Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lundin Mining's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.