The earnings call presented a strong quarter for Lundin Mining, characterized by record revenue, enhanced copper production, improved safety records, and successful cost reduction strategies. These positives were slightly offset by shipment delays and increased production costs at Candelaria.

Company Guidance

During the third quarter of 2025, Lundin Mining reported strong financial and operational performance, tightening production guidance ranges and increasing its annual copper guidance by approximately 11,500 tons, with a new range of 319,000 to 337,000 tons. The company achieved a consolidated cash cost of $1.61 per pound for copper, lowering full-year cost guidance to $1.85 to $2 per pound. Lundin Mining's revenue for Q3 surpassed $1 billion, driven by increased copper production of 87,400 tons and elevated gold prices, with a total recordable injury frequency rate of 0.29. The company declared its 38th regular quarterly dividend and reiterated its commitment to shareholder returns, aiming to complete share buybacks under its $150 million program. Operationally, Caserones and Candelaria performed strongly, and the company anticipates being net debt-free by year-end, supporting its strategic growth plans, including the potential sanctioning of the Vicuna project.

Record Revenue in Q3 2025

Lundin Mining delivered over $1 billion in revenue, marking one of the strongest quarters in the company's 30-year history.

Increased Copper Production Guidance

Copper production for the quarter was 87,400 tons, leading to an increased annual guidance by approximately 11,500 tons, a 3.5% improvement at the midpoint.

Safety Milestone Achieved

No major injuries reported across operations in the first 9 months, with the lowest total recordable injury frequency rate of 0.29 in the last decade.

Successful Cost Reduction

Copper production was achieved at a consolidated cash cost of $1.61 per pound, leading to a reduced cost guidance of $1.85 to $2 per pound.

Strong Financial Performance

Adjusted EBITDA amounted to $490 million with a 49% margin, and adjusted operating cash flow was $383 million.

Enhanced Cathode Production at Caserones

Caserones produced 6,300 tons of cathodes in the quarter, with annual production now expected to be about 24,000 tons.

Lundin Mining (LUNMF) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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LUNMF Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Feb 18, 2026	2025 (Q4)	0.24 / -	0.15	―	―	―
Nov 05, 2025	2025 (Q3)	0.18 / 0.18	0.09	100.00% (+0.09)
Aug 06, 2025	2025 (Q2)	0.12 / 0.12	0.16	-25.00% (-0.04)
May 07, 2025	2025 (Q1)	0.13 / 0.11	0.06	83.33% (+0.05)
Feb 20, 2025	2024 (Q4)	0.16 / 0.15	0.1	50.00% (+0.05)
Nov 06, 2024	2024 (Q3)	0.15 / 0.09	0.11	-18.18% (-0.02)
Jul 30, 2024	2024 (Q2)	0.21 / 0.16	0.02	700.00% (+0.14)
May 01, 2024	2024 (Q1)	0.07 / 0.06	0.16	-62.50% (-0.10)
Feb 21, 2024	2023 (Q4)	0.13 / 0.10	0.25	-60.00% (-0.15)
Nov 01, 2023	2023 (Q3)	0.12 / 0.11	0.04	175.00% (+0.07)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

LUNMF Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Nov 05, 2025	$16.13	$17.39	+7.81%
Aug 06, 2025	$10.44	$10.27	-1.63%
May 07, 2025	$8.50	$8.36	-1.65%
Feb 20, 2025	$8.58	$8.93	+4.08%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Lundin Mining (LUNMF) report earnings?

Lundin Mining (LUNMF) is schdueled to report earning on Feb 18, 2026, TBA (Confirmed).

What is Lundin Mining (LUNMF) earnings time?

Lundin Mining (LUNMF) earnings time is at Feb 18, 2026, TBA (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is LUNMF EPS forecast?

LUNMF EPS forecast for the fiscal quarter 2025 (Q4) is 0.24.

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