Yahoo Finance S Spotlight On Lundin Mining Corporation’s (TSE:LUN) Fundamentals
I’ve been keeping an eye on Lundin Mining Corporation (TSE:LUN) because I’m attracted to its fundamentals. Looking at the company as a whole, as a potential stock investment, I believe LUN has a lot to offer. Basically, it is a financially-healthy company with an impressive history and a buoyant growth outlook. Below, I’ve touched on some key aspects you should know on a high level. For those interested in digger a bit deeper into my commentary, take a look at the report on Lundin Mining here.
Undervalued with excellent balance sheet
LUN delivered a bottom-line expansion of 79.7% in the prior year, with its most recent earnings level surpassing its average level over the last five years. In addition to beating its historical values, LUN also outperformed its industry, which delivered a growth of 37.7%. This is what investors like to see!
LUN’s strong financial health means that all of its upcoming liability payments are able to be met by its current cash and short-term investment holdings. This suggests prudent control over cash and cost by management, which is a key determinant of the company’s health. LUN’s has produced operating cash levels of 1.74x total debt over the past year, which implies that LUN’s management has put its borrowings into good use by generating enough cash to cover a sufficient portion of borrowings.
Next Steps:
For Lundin Mining, I’ve compiled three fundamental aspects you should look at:
Valuation: What is LUN worth today? Is the stock undervalued, even when its growth outlook is factored into its intrinsic value? The intrinsic value infographic in our free research report helps visualize whether LUN is currently mispriced by the market.
Dividend Income vs Capital Gains: Does LUN return gains to shareholders through reinvesting in itself and growing earnings, or redistribute a decent portion of earnings as dividends? Our historical dividend yield visualization quickly tells you what your can expect from LUN as an investment.
Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of LUN? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!
To help readers see past the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price-sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned. For errors that warrant correction please contact the editor at editorial-team@simplywallst.com.
