See more : Frasers Property Limited (FSRPF) Income Statement Analysis – Financial Results
Complete financial analysis of Lundin Mining Corporation (LUNMF) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Lundin Mining Corporation, a leading company in the Copper industry within the Basic Materials sector.
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Lundin Mining Corporation (LUNMF)
About Lundin Mining Corporation
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 Neves-Corvo mine located in Portugal; the Eagle mine located in the United States; 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.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3.39B | 3.04B | 3.33B | 2.04B | 1.89B | 1.73B | 2.08B | 1.55B | 1.70B | 951.31M | 727.78M | 721.11M | 783.79M | 849.22M | 745.99M | 835.29M | 1.06B | 539.76M | 192.07M | 43.20M | 0.00 | 0.00 | 0.00 |
| Cost of Revenue | 2.09B | 2.28B | 1.96B | 1.54B | 1.45B | 1.29B | 1.26B | 1.30B | 1.52B | 828.08M | 608.99M | 506.97M | 363.86M | 368.02M | 340.32M | 436.63M | 379.31M | 219.10M | 150.71M | 31.02M | 0.00 | 0.00 | 0.00 |
| Gross Profit | 1.31B | 762.57M | 1.37B | 498.12M | 440.39M | 436.60M | 820.35M | 246.54M | 184.59M | 123.24M | 118.79M | 214.13M | 419.93M | 481.20M | 405.67M | 398.66M | 680.46M | 320.66M | 41.36M | 12.17M | 0.00 | 0.00 | 0.00 |
| Gross Profit Ratio | 38.50% | 25.07% | 41.15% | 24.40% | 23.27% | 25.30% | 39.49% | 15.95% | 10.85% | 12.95% | 16.32% | 29.69% | 53.58% | 56.66% | 54.38% | 47.73% | 64.21% | 59.41% | 21.54% | 28.18% | 0.00% | 0.00% | 0.00% |
| Research & Development | 10.96M | 107.60M | 8.20M | 18.03M | 16.83M | 10.08M | 8.23M | 9.38M | 7.93M | 39.16M | 9.59M | 15.21M | 8.13M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 66.72M | 53.88M | 52.20M | 44.17M | 47.10M | 49.44M | 38.84M | 27.20M | 27.53M | 27.61M | 23.88M | 27.85M | 20.24M | 21.09M | 25.59M | 49.48M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 50.49M | 297.00K | 771.00K | 1.93M | 3.70M | 3.61M | 1.25M | 4.58M | 9.00K | 0.00 | 0.00 | 0.00 | 25.93M | 0.00 | 0.00 | -9.93M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 117.22M | 53.88M | 52.20M | 44.17M | 47.10M | 49.44M | 38.84M | 27.20M | 27.53M | 27.61M | 23.88M | 27.85M | 46.17M | 21.09M | 25.59M | 39.56M | 42.81M | 19.43M | 10.86M | 5.78M | 517.30K | 559.98K | 329.72K |
| Other Expenses | 0.00 | 51.09M | 45.84M | 36.55M | 70.75M | -1.98M | -5.66M | -49.52M | -13.66M | 19.07M | 12.31M | 5.35M | 11.61M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 117.22M | 212.58M | 106.24M | 98.75M | 134.68M | 140.51M | 125.86M | 88.20M | 90.94M | 104.53M | 69.47M | 95.74M | 242.54M | 171.65M | 278.20M | -662.39M | 253.89M | 104.28M | 18.01M | 8.77M | 599.81K | 575.06K | 384.05K |
| Cost & Expenses | 2.20B | 2.49B | 2.07B | 1.64B | 1.59B | 1.43B | 1.38B | 1.39B | 1.61B | 932.60M | 678.46M | 602.72M | 606.40M | 539.67M | 618.52M | -225.76M | 633.20M | 323.38M | 168.72M | 39.79M | 599.81K | 575.06K | 384.05K |
| Interest Income | 11.14M | 4.21M | 613.00K | 5.99M | 12.17M | 25.49M | 21.61M | 1.53M | 564.00K | 1.86M | 1.42M | 2.07M | 3.60M | 49.30M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 92.33M | 11.63M | 7.52M | 12.32M | 13.93M | 27.08M | 70.80M | 79.94M | 83.66M | 23.04M | 3.47M | 6.29M | 16.74M | 8.76M | 15.03M | 14.73M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 653.60M | 546.54M | 527.19M | 482.02M | 405.04M | 308.57M | 401.05M | 434.47M | 555.02M | 208.70M | 148.15M | 122.38M | 153.80M | 123.39M | 170.00M | 202.32M | 171.23M | 71.90M | 48.92M | 9.28M | 0.00 | 0.00 | 0.00 |
| EBITDA | 1.25B | 1.00B | 1.77B | 883.07M | 715.95M | 630.82M | 1.09B | 641.19M | 333.86M | 286.38M | 282.58M | 275.30M | 397.62M | 518.97M | 249.90M | -525.12M | 602.27M | 291.37M | 75.36M | 11.79M | -599.81K | -575.06K | 199.00K |
| EBITDA Ratio | 36.83% | 32.98% | 53.70% | 39.76% | 35.99% | 35.83% | 52.24% | 35.27% | 38.85% | 35.72% | 42.00% | 48.62% | 56.27% | 61.11% | 31.90% | 32.43% | 56.83% | 53.98% | 37.63% | 29.37% | 0.00% | 0.00% | 0.00% |
| Operating Income | 1.19B | 448.16M | 1.26B | 364.23M | 294.98M | 298.92M | 704.03M | 110.31M | 106.17M | 131.11M | 157.55M | 228.24M | 287.28M | 395.58M | 67.94M | 68.54M | 431.04M | 219.47M | 23.36M | 3.41M | -599.81K | -575.06K | 199.00K |
| Operating Income Ratio | 35.05% | 14.74% | 38.00% | 17.84% | 15.58% | 17.32% | 33.89% | 7.14% | 6.24% | 13.78% | 21.65% | 31.65% | 36.65% | 46.58% | 9.11% | 8.21% | 40.67% | 40.66% | 12.16% | 7.89% | 0.00% | 0.00% | 0.00% |
| Total Other Income/Expenses | -656.91M | 48.16M | -18.49M | -57.90M | -38.83M | -4.28M | -56.17M | -30.16M | -373.81M | -201.24M | -69.16M | 28.24M | -52.47M | 30.66M | -3.08M | -932.50M | -516.06M | -11.27M | 20.71M | 2.73M | 2.24M | 245.24K | 485.02K |
| Income Before Tax | 531.85M | 598.16M | 1.24B | 341.48M | 269.60M | 291.81M | 638.32M | 128.18M | -255.54M | 54.65M | 130.96M | 146.63M | 234.81M | 430.27M | 64.86M | -850.45M | -89.49M | 205.10M | 44.07M | 6.44M | 1.33M | 335.31K | -248.77K |
| Income Before Tax Ratio | 15.68% | 19.67% | 37.40% | 16.73% | 14.24% | 16.91% | 30.73% | 8.29% | -15.01% | 5.74% | 17.99% | 20.33% | 29.96% | 50.67% | 8.70% | -101.81% | -8.44% | 38.00% | 22.94% | 14.90% | 0.00% | 0.00% | 0.00% |
| Income Tax Expense | 216.60M | 134.63M | 365.69M | 152.42M | 80.42M | 76.37M | 191.40M | 4.31M | 26.25M | -68.74M | -5.79M | 23.45M | 51.05M | 113.15M | -3.27M | -130.45M | 64.67M | 52.14M | 13.29M | 1.28M | 421.13K | 46.13K | 199.92K |
| Net Income | 241.56M | 426.85M | 780.35M | 168.80M | 167.26M | 195.85M | 426.49M | -661.74M | -294.08M | 112.61M | 136.75M | 123.18M | 183.77M | 306.28M | 73.71M | -957.06M | -154.16M | 152.96M | 29.96M | 4.76M | 906.64K | -381.44K | 48.85K |
| Net Income Ratio | 7.12% | 14.04% | 23.44% | 8.27% | 8.84% | 11.35% | 20.53% | -42.81% | -17.28% | 11.84% | 18.79% | 17.08% | 23.45% | 36.07% | 9.88% | -114.58% | -14.55% | 28.34% | 15.60% | 11.03% | 0.00% | 0.00% | 0.00% |
| EPS | 0.31 | 0.54 | 1.05 | 0.24 | 0.23 | 0.27 | 0.59 | -0.92 | -0.41 | 0.19 | 0.23 | 0.21 | 0.32 | 0.53 | 0.13 | -2.41 | -0.46 | 1.02 | 0.26 | 0.08 | 0.04 | -0.02 | 0.00 |
| EPS Diluted | 0.31 | 0.54 | 1.05 | 0.24 | 0.23 | 0.27 | 0.59 | -0.92 | -0.41 | 0.19 | 0.23 | 0.21 | 0.32 | 0.53 | 0.13 | -2.41 | -0.46 | 1.01 | 0.26 | 0.08 | 0.04 | -0.02 | 0.00 |
| Weighted Avg Shares Out | 772.53M | 762.52M | 736.79M | 734.07M | 735.31M | 731.73M | 726.99M | 720.33M | 719.09M | 600.44M | 584.28M | 582.94M | 582.07M | 579.92M | 550.00M | 396.42M | 338.64M | 149.44M | 115.25M | 66.48M | 23.16M | 18.03M | 23.37M |
| Weighted Avg Shares Out (Dil) | 773.29M | 763.59M | 739.30M | 735.32M | 736.06M | 733.55M | 729.74M | 721.21M | 719.09M | 602.36M | 584.94M | 584.01M | 582.96M | 580.54M | 550.05M | 396.42M | 338.64M | 151.15M | 115.98M | 66.77M | 24.10M | 18.03M | 23.37M |
Lundin Mining: Copper Production Solid In Q3
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Lundin Mining Corporation (LUNMF) Q3 2024 Earnings Call Transcript
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Should Value Investors Buy Lundin Mining (LUNMF) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong...
Are Basic Materials Stocks Lagging Lundin Mining (LUNMF) This Year?
Here is how Lundin Mining (LUNMF) and Agnico Eagle Mines (AEM) have performed compared to their sector so far this year.
Source: https://incomestatements.info
Category: Stock Reports