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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 Corporation (LUNMF) Q2 2023 Earnings Call Transcript
Lundin Mining Corporation (OTCPK:LUNMF) Q2 2023 Earnings Conference Call August 3, 2023 8:00 AM ET Company Participants Peter Rockandel - CEO & Director Juan Morel - SVP & COO Teitur Poulsen - SVP & CFO Conference Call Participants Orest Wowkodaw...
LUNMF vs. SCCO: Which Stock Should Value Investors Buy Now?
Investors interested in Mining - Non Ferrous stocks are likely familiar with Lundin Mining (LUNMF) and Southern Copper (SCCO). But which of these two stocks is more attractive to value investors?
Lundin Mining has an attractive valuation and catalysts; stock boosted to ‘Buy'
UBS analysts believe the medium-term outlook for Lundin Mining Corporation (TSX:LUN) (LUN) is “increasingly compelling” and the market is closer to a fundamental inflection point despite short-term risks to the copper price. In a note to clients, they upgraded the...
Is Lundin Mining (LUNMF) Stock Undervalued Right Now?
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...
LUNMF or FQVLF: Which Is the Better Value Stock Right Now?
Investors with an interest in Mining - Non Ferrous stocks have likely encountered both Lundin Mining (LUNMF) and First Quantum Minerals (FQVLF). But which of these two companies is the best option for those looking for undervalued stocks?
New Strong Buy Stocks for April 20th
SCMWY, LUNMF, OLLI, WHD and ASML have been added to the Zacks Rank #1 (Strong Buy) List on April 20, 2023.
Best Value Stocks to Buy for April 20th
LUNMF, VWAGY and GPK made it to the Zacks Rank #1 (Strong Buy) value stocks list on April 20, 2023.
Wall Street Analysts See a 34.6% Upside in Lundin (LUNMF): Can the Stock Really Move This High?
The mean of analysts' price targets for Lundin (LUNMF) points to a 34.6% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in...
Lundin Mining acquires majority interest in Caserones copper mine in Chile
(Kitco News) - Lundin Mining (TSX: LUN) yesterday announced that it has entered into a binding purchase agreement with JX Nippon Mining & Metals to acquire 51% of the issued and outstanding equity of SCM Minera Lumina Copper Chile, a...
Lundin Mining to acquire majority interest in Chile's Caserones copper mine for $950M
Lundin Mining Corporation (TSX:LUN) is buying a majority stake in the Caserones copper mine located in Chile for about $950 million to increase the Canadian miner's exposure to the highly desired base metal in a Tier-1 mining jurisdiction. The company...
Source: https://incomestatements.info
Category: Stock Reports