Lundin Mining Corporation (LUN.TO) Stock Analysis & Winston Score
Lundin Mining is a Canadian mining company that digs copper, zinc, nickel, and gold out of the ground and sells those metals to industrial buyers around the world. Copper is its most important product, used in everything from electric wiring to electric vehicles. The company owns and operates several large mines across Chile, Brazil, Portugal, Sweden, and the United States. Lundin makes money by selling the physical metals its mines produce, so its revenue rises and falls with commodity prices. It is a mid-to-large mining company listed on the Toronto Stock Exchange, with a market cap around $36 billion. Its main competitive advantage is owning long-life, low-cost mines in stable countries, which helps protect profits when metal prices dip. The biggest growth driver is rising global demand for copper, especially from clean energy infrastructure and electric vehicles, but the main risk is that copper prices are set by global markets and completely outside the company's control.
Winston Score: 68/100 — Good
A decent business — some strong pillars, some weaker.
- Quality: Strong (25/30)
- Growth: Good (13/20)
- Cash Flow: Exceptional (10/10)
- Stability: Good (5/10)
- Valuation: Mixed (4/10)
- Ownership: Good (10/15)
Key Facts
Price: 38.07 CAD
Market Cap: 32.6B CAD
Sector: Basic Materials
Industry: Copper
Exchange: Toronto Stock Exchange

