Lundin Mining Corporation
Lundin Mining Corporation, a diversified base metals mining company, engages in the exploration, development, and mining of mineral properties in Chile, Brazil, the United States, Portugal, Sweden, and Argentina. It primarily produces copper, zinc, nickel, and gold, as well as molybdenum, silver, platinum group metals, and other metals. The company was formerly known as South Atlantic Ventures Lt… Read more
Lundin Mining Corporation (LUNMF) - Net Assets
Latest net assets as of September 2025: $7.02 Billion USD
Based on the latest financial reports, Lundin Mining Corporation (LUNMF) has net assets worth $7.02 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($10.02 Billion) and total liabilities ($3.00 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $7.02 Billion |
| % of Total Assets | 70.05% |
| Annual Growth Rate | 41.67% |
| 5-Year Change | 22.67% |
| 10-Year Change | 29.86% |
| Growth Volatility | 285.09 |
Lundin Mining Corporation - Net Assets Trend (2001–2024)
This chart illustrates how Lundin Mining Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Lundin Mining Corporation (2001–2024)
The table below shows the annual net assets of Lundin Mining Corporation from 2001 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $5.52 Billion | -14.06% |
| 2023-12-31 | $6.42 Billion | +18.30% |
| 2022-12-31 | $5.43 Billion | +8.66% |
| 2021-12-31 | $4.99 Billion | +11.04% |
| 2020-12-31 | $4.50 Billion | +4.63% |
| 2019-12-31 | $4.30 Billion | +2.48% |
| 2018-12-31 | $4.19 Billion | +1.02% |
| 2017-12-31 | $4.15 Billion | +14.43% |
| 2016-12-31 | $3.63 Billion | -14.60% |
| 2015-12-31 | $4.25 Billion | -8.43% |
| 2014-12-31 | $4.64 Billion | +26.41% |
| 2013-12-31 | $3.67 Billion | +5.60% |
| 2012-12-31 | $3.48 Billion | +5.38% |
| 2011-12-31 | $3.30 Billion | +4.10% |
| 2010-12-31 | $3.17 Billion | +8.67% |
| 2009-12-31 | $2.92 Billion | +11.96% |
| 2008-12-31 | $2.60 Billion | -26.49% |
| 2007-12-31 | $3.54 Billion | +66.30% |
| 2006-12-31 | $2.13 Billion | +768.83% |
| 2005-12-31 | $245.14 Million | +41.38% |
| 2004-12-31 | $173.40 Million | +1211.90% |
| 2003-12-31 | $13.22 Million | +247.28% |
| 2002-12-31 | $3.81 Million | +107.98% |
| 2001-12-31 | $1.83 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lundin Mining Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 16773883900.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $160.97 Million | 3.64% |
| Common Stock | $4.59 Billion | 103.70% |
| Other Comprehensive Income | $-375.84 Million | -8.50% |
| Other Components | $51.40 Million | 1.16% |
| Total Equity | $4.42 Billion | 100.00% |
Lundin Mining Corporation Competitors by Market Cap
The table below lists competitors of Lundin Mining Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bank Ozk
NASDAQ:OZK
|
$4.52 Billion |
|
Energy Fuels Inc
NYSE MKT:UUUU
|
$4.52 Billion |
|
Millrose Properties, Inc.
NYSE:MRP
|
$4.53 Billion |
|
China Satellite Communications Co Ltd
SHG:601698
|
$4.53 Billion |
|
A2A S.p.A
OTCGREY:AEMMF
|
$4.51 Billion |
|
Frontdoor Inc
NASDAQ:FTDR
|
$4.51 Billion |
|
Plains GP Holdings LP
NASDAQ:PAGP
|
$4.50 Billion |
|
Wix.Com Ltd
NASDAQ:WIX
|
$4.50 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lundin Mining Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,961,317,000 to 4,422,141,000, a change of -539,176,000 (-10.9%).
- Net loss of 203,527,000 reduced equity.
- Dividend payments of 202,497,000 reduced retained earnings.
- Share repurchases of 24,374,000 reduced equity.
- New share issuances of 21,023,000 increased equity.
- Other comprehensive income decreased equity by 79,220,000.
- Other factors decreased equity by 50,581,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-203.53 Million | -4.6% |
| Dividends Paid | $202.50 Million | -4.58% |
| Share Repurchases | $24.37 Million | -0.55% |
| Share Issuances | $21.02 Million | +0.48% |
| Other Comprehensive Income | $-79.22 Million | -1.79% |
| Other Changes | $-50.58 Million | -1.14% |
| Total Change | $- | -10.87% |
Book Value vs Market Value Analysis
This analysis compares Lundin Mining Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.17x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 85.19x to 1.17x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | $0.08 | $6.67 | x |
| 2002-12-31 | $0.21 | $6.67 | x |
| 2003-12-31 | $0.55 | $6.67 | x |
| 2004-12-31 | $2.51 | $6.67 | x |
| 2005-12-31 | $2.11 | $6.67 | x |
| 2006-12-31 | $14.09 | $6.67 | x |
| 2007-12-31 | $10.46 | $6.67 | x |
| 2008-12-31 | $6.57 | $6.67 | x |
| 2009-12-31 | $5.30 | $6.67 | x |
| 2010-12-31 | $5.46 | $6.67 | x |
| 2011-12-31 | $5.66 | $6.67 | x |
| 2012-12-31 | $5.95 | $6.67 | x |
| 2013-12-31 | $6.27 | $6.67 | x |
| 2014-12-31 | $6.98 | $6.67 | x |
| 2015-12-31 | $5.30 | $6.67 | x |
| 2016-12-31 | $4.39 | $6.67 | x |
| 2017-12-31 | $5.03 | $6.67 | x |
| 2018-12-31 | $5.03 | $6.67 | x |
| 2019-12-31 | $5.13 | $6.67 | x |
| 2020-12-31 | $5.41 | $6.67 | x |
| 2021-12-31 | $6.01 | $6.67 | x |
| 2022-12-31 | $6.37 | $6.67 | x |
| 2023-12-31 | $6.42 | $6.67 | x |
| 2024-12-31 | $5.71 | $6.67 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lundin Mining Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -4.60%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.95%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 2.35x
- Recent ROE (-4.60%) is below the historical average (1.33%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 2.67% | 0.00% | 0.00x | 2.43x | $-134.16K |
| 2002 | -10.02% | 0.00% | 0.00x | 1.92x | $-762.04K |
| 2003 | 6.86% | 0.00% | 0.00x | 1.16x | $-415.11K |
| 2004 | 2.84% | 11.03% | 0.13x | 1.97x | $-11.99 Million |
| 2005 | 12.25% | 15.60% | 0.47x | 1.66x | $5.51 Million |
| 2006 | 7.18% | 28.34% | 0.19x | 1.33x | $-60.03 Million |
| 2007 | -4.35% | -14.55% | 0.22x | 1.33x | $-508.36 Million |
| 2008 | -36.76% | -114.58% | 0.23x | 1.42x | $-1.22 Billion |
| 2009 | 2.53% | 9.88% | 0.20x | 1.28x | $-217.82 Million |
| 2010 | 9.67% | 36.07% | 0.22x | 1.21x | $-10.53 Million |
| 2011 | 5.57% | 23.45% | 0.20x | 1.17x | $-146.02 Million |
| 2012 | 3.54% | 17.08% | 0.18x | 1.15x | $-224.34 Million |
| 2013 | 3.73% | 18.79% | 0.16x | 1.21x | $-230.21 Million |
| 2014 | 2.68% | 11.84% | 0.13x | 1.74x | $-307.91 Million |
| 2015 | -7.71% | -17.28% | 0.25x | 1.78x | $-675.46 Million |
| 2016 | -20.91% | -42.81% | 0.25x | 1.94x | $-978.17 Million |
| 2017 | 11.63% | 20.53% | 0.33x | 1.71x | $59.65 Million |
| 2018 | 5.31% | 11.35% | 0.29x | 1.61x | $-173.26 Million |
| 2019 | 4.43% | 8.84% | 0.27x | 1.83x | $-210.05 Million |
| 2020 | 4.24% | 8.27% | 0.29x | 1.77x | $-228.99 Million |
| 2021 | 17.56% | 23.44% | 0.44x | 1.72x | $335.83 Million |
| 2022 | 8.78% | 14.04% | 0.37x | 1.68x | $-59.25 Million |
| 2023 | 4.87% | 7.12% | 0.31x | 2.19x | $-254.57 Million |
| 2024 | -4.60% | -5.95% | 0.33x | 2.35x | $-645.74 Million |
Industry Comparison
This section compares Lundin Mining Corporation's net assets metrics with peer companies in the Copper industry.
Industry Context
- Industry: Copper
- Average net assets among peers: $772,452,903
- Average return on equity (ROE) among peers: -135.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lundin Mining Corporation (LUNMF) | $7.02 Billion | 2.67% | 0.43x | $4.52 Billion |
| Atlas Consolidated Mining and Development Corporation (ACMDY) | $5.76 Billion | -13.16% | 2.06x | $240.13 Million |
| Antofagasta PLC (ANFGF) | $1.28 Billion | 7.59% | 0.93x | $6.24 Billion |
| Trinity One Metals Ltd. (ARJNF) | $-188.82K | 0.00% | 0.00x | $100.13K |
| Amerigo Resources Ltd. (ARREF) | $132.68 Million | 0.00% | 0.55x | $151.75 Million |
| Arizona Sonoran Copper Company Inc. (ASCUF) | $44.08 Million | -29.63% | 0.23x | $218.14 Million |
| Alta Copper Corp. (ATCUF) | $62.65 Million | -1.27% | 0.02x | $17.41 Million |
| Atalaya Mining Plc (ATLMF) | $435.90 Million | 30.66% | 0.34x | $433.10 Million |
| Bell Copper Corporation (BCUFF) | $9.40 Million | -12.90% | 0.16x | $2.22 Million |
| Giant Mining Corp. (BFGFF) | $824.41K | -253.66% | 0.31x | $18.49 Million |
| Blue River Resources Ltd (BRVRF) | $145.98K | -1083.66% | 2.72x | $704.59K |