Lundin Mining: Copper Production Solid In Q3
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Lundin Mining reported a Q3 earnings miss, but its Candelaria mine in Chile achieved strong copper production. Despite the earnings miss, consensus EPS growth projections for Lundin remain strong.
November 13, 2024 | 9:30 am
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Lundin Mining's Q3 earnings missed expectations, but the Candelaria mine in Chile had a strong quarter with 50Kt of copper production. Despite the earnings miss, EPS growth projections remain strong.
The earnings miss could negatively impact short-term stock price, but strong copper production and positive EPS growth projections may offset this. The Candelaria mine's performance is a significant positive factor.
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