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How to buy Lundin Mining Corporation stock in Canada
Own Lundin Mining Corporation shares in just a few minutes.
Lundin Mining Corporation is a copper business based in Canada. Lundin Mining Corporation stocks (LUN.TO) are listed on the TO and all prices are listed in Canadian Dollars. Its last market close was C$11.34 – a decrease of 5.29% over the previous week. Lundin Mining Corporation employs 0 staff and has a trailing 12-month revenue of around C$2.8 billion.
How to buy shares in Lundin Mining Corporation
- Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- Research the stock. Find the stock by name or ticker symbol – LUN – and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
- Check in on your investment. Optimize your portfolio by tracking your stock.
Is it a good time to buy Lundin Mining Corporation stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
What's in this guide?
- Can I buy shares in Lundin Mining Corporation?
- Has coronavirus impacted Lundin Mining Corporation shares?
- Lundin Mining Corporation shares summary
- Compare share dealing platforms
- Is Lundin Mining Corporation stock a buy or sell?
- Lundin Mining Corporation performance over time
- Are Lundin Mining Corporation shares over-valued?
- Lundin Mining Corporation's financials
- How volatile are Lundin Mining Corporation shares?
- Does Lundin Mining Corporation pay a dividend?
- Have Lundin Mining Corporation shares ever split?
- Other common questions
How has Coronavirus impacted Lundin Mining Corporation's stock price?
Since the stock market crash in March caused by coronavirus, Lundin Mining Corporation's stock price has had significant positive movement.
Its last market close was C$10.03, which is 25.02% up on its pre-crash value of C$7.52 and 145.83% up on the lowest point reached during the March crash when the stocks fell as low as C$4.08.
If you had bought C$1,000 worth of Lundin Mining Corporation stocks at the start of February 2020, those stocks would have been worth C$608.95 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth C$1,447.33.
Lundin Mining Corporation stock price (TO: LUN)Use our graph to track the performance of LUN stocks over time.
Lundin Mining Corporation shares at a glance
|Latest market close||C$10.03|
|52-week range||C$8.56 - C$15.71|
|50-day moving average||C$10.03|
|200-day moving average||C$12.08|
|Wall St. target price||C$85.92|
|Dividend yield||C$0.202 (1.91%)|
|Earnings per share (TTM)||C$1.15|
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Note: The dollar amounts in the table below are in Canadian dollars.
Lundin Mining Corporation price performance over time
|1 week (2021-11-19)||-5.29%|
|1 month (2021-10-27)||0.10%|
|3 months (2021-08-27)||-3.09%|
|6 months (2021-05-27)||-23.14%|
|1 year (2020-11-27)||-2.81%|
|2 years (2019-11-27)||37.59%|
|3 years (2018-11-27)||94.76%|
|5 years (2016-11-25)||44.94%|
Is Lundin Mining Corporation under- or over-valued?
Valuing Lundin Mining Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Lundin Mining Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Lundin Mining Corporation's P/E ratio
Lundin Mining Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 9x. In other words, Lundin Mining Corporation shares trade at around 9x recent earnings.
Lundin Mining Corporation's PEG ratio
Lundin Mining Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.47. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Lundin Mining Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Lundin Mining Corporation's EBITDA
Lundin Mining Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is C$1.4 billion.
The EBITDA is a measure of a Lundin Mining Corporation's overall financial performance and is widely used to measure a its profitability.
Lundin Mining Corporation financials
|Revenue TTM||C$2.8 billion|
|Operating margin TTM||35.76%|
|Gross profit TTM||C$945.6 million|
|Return on assets TTM||8.93%|
|Return on equity TTM||16.07%|
|Market capitalisation||C$7.9 billion|
TTM: trailing 12 months
Lundin Mining Corporation share dividends
Dividend payout ratio: 35.79% of net profits
Recently Lundin Mining Corporation has paid out, on average, around 35.79% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.42% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Lundin Mining Corporation shareholders could enjoy a 3.42% return on their shares, in the form of dividend payments. In Lundin Mining Corporation's case, that would currently equate to about C$0.202 per share.
While Lundin Mining Corporation's payout ratio might seem fairly standard, it's worth remembering that Lundin Mining Corporation may be investing much of the rest of its net profits in future growth.
Lundin Mining Corporation's most recent dividend payout was on 14 December 2021. The latest dividend was paid out to all shareholders who bought their shares by 1 December 2021 (the "ex-dividend date").
Have Lundin Mining Corporation's shares ever split?
Lundin Mining Corporation's shares were split on a 3:1 basis on 31 January 2007. So if you had owned 1 share the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your Lundin Mining Corporation shares – just the quantity. However, indirectly, the new 66.7% lower share price could have impacted the market appetite for Lundin Mining Corporation shares which in turn could have impacted Lundin Mining Corporation's share price.
Lundin Mining Corporation share price volatility
Over the last 12 months, Lundin Mining Corporation's shares have ranged in value from as little as C$8.56 up to C$15.7111. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (TO average) beta is 1, while Lundin Mining Corporation's is 1.6699. This would suggest that Lundin Mining Corporation's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Lundin Mining Corporation overview
Lundin Mining Corporation, a diversified base metals mining company, engages in the exploration, development, and mining of mineral properties in Brazil, Chile, Portugal, Sweden, and the United States. It primarily produces copper, zinc, nickel, and gold, as well as lead, silver, and other metals. The company holds 100% interests in the Chapada mine located in Brazil; the Eagle mine located in the United States; the Neves-Corvo mine located in Portugal; and the Zinkgruvan mine located in Sweden. It also holds 80% interests in the Candelaria and Ojos del Salado mining complex located in Chile. 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 Toronto, Canada.
Frequently asked questions
Lundin Mining Corporation in the news
Lundin Mining : Corporate Presentation - November 2021
Lundin Mining (TSE:LUN) Is Paying Out A Larger Dividend Than Last Year
Lundin Mining : Operational Outlook & Update - November 2021
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