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Lundin Mining's Q3 misses estimates; guidance upheld

Metals company Lundin Mining’s Q3 financial results came in below expectations as it continues to battle through industry-wide inflationary conditions and has maintained its production and cost guidance for the full year.

Lundin Mining's Q3 misses estimates; guidance upheld Lundin Mining's Q3 misses estimates; guidance upheld Lundin Mining's Q3 misses estimates; guidance upheld Lundin Mining's Q3 misses estimates; guidance upheld Lundin Mining's Q3 misses estimates; guidance upheld

Lundin’s adjusted EPS fell to $0.04 in Q3, down from $0.23 a year earlier. This was below the NBF and consensus estimates of $0.06 and $0.11, respectively.

"Despite persistent inflationary conditions, Lundin Mining generated adjusted EBITDA of over US$200 million and $180 million of adjusted operating cash flow, demonstrating the quality of our portfolio