Lundin Mining

Lundin Mining

Lundin Mining Corporation - Home - Sat Apr 2, 2016.

HQ location
Toronto, Canada
Launch date
Market cap
$9.9b
Enterprise value
$10.3b
Share price
CAD15.76 LUN.TO
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CAD12.7m

Post IPO Equity
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
USD2021202220232024202520262027
Revenues0000000000000000000000000000
% growth63 %(9 %)12 %1 %7 %1 %(1 %)
EBITDA0000000000000000000000000000
% EBITDA margin54 %33 %33 %41 %43 %47 %48 %
Profit0000000000000000000000000000
% profit margin23 %14 %7 %(6 %)14 %14 %13 %
EV0000000000000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget0000000000000000000000000000
R&D % of revenue-4 %-----

Source: Company filings or news article, Equity research estimates

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More about Lundin Mining
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Lundin Mining's journey began in 1994, founded by the visionary Adolf Lundin. Originally established as South Atlantic Diamonds Corp, the company aimed to invest in a diamond mine in Brazil. However, the path soon shifted towards base metals, marking the beginning of a transformative journey.

Under the leadership of Adolf's son, Lukas Lundin, the company rebranded to South Atlantic Resources and acquired a significant stake in North Atlantic Natural Resources. This strategic move led to the development of the Storliden mine in Sweden, which began producing zinc and copper in 2002. This marked Lundin Mining's entry into the base metals sector, setting the stage for future growth.

Over the years, Lundin Mining expanded its portfolio, acquiring and operating mines across the globe. The company's strategic acquisitions and developments have positioned it as a key player in the mining industry, with operations in countries like Argentina, Brazil, Chile, and the United States.

A significant milestone in Lundin Mining's history was its billion-dollar divestment to Boliden AB, reflecting a strategic shift and adaptation to market dynamics. This move underscored the company's commitment to optimizing its portfolio and focusing on core operations.

Today, Lundin Mining stands as a testament to strategic foresight and adaptability, evolving from its diamond-focused origins to a diversified base metals powerhouse. The legacy of Adolf and Lukas Lundin continues to drive the company forward, navigating the complexities of the global mining landscape.

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Investments by Lundin Mining

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ACQUISITION by Lundin Mining Jul 2024
SCM Minera Lumina Copper Chile
ACQUISITION by Lundin Mining Mar 2023