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Lundin MiningLUNMF +0.84%69 Debt-to-Equity is 0.06 as of Jun. 2026, which is 40% below its 10-year median of 0.10. GuruFocus rates LUNMF with a GF Score™ of 69/100 and a GF Value™ of $13.87 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,229 Metals & Mining companies, Lundin Mining ranks better than 65.34% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Lundin Mining's Debt-to-Equity or its related term are showing as below:
LUNMF'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.1 Max: 0.45
Current: 0.06
During the past 13 years, the highest Debt-to-Equity Ratio of Lundin Mining was 0.45. The lowest was 0.00. And the median was 0.10.
LUNMF's Debt-to-Equity is ranked better than 65.34% of 1229
companies
in the Metals & Mining industry
Industry Median: 0.14
vs LUNMF: 0.06
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Lundin Mining Debt-to-Equity Related Terms
Lundin Mining Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Lundin Mining's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Copper subindustry, Lundin Mining's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Lundin Mining Debt-to-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Lundin Mining's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Lundin Mining's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Lundin Mining (LUNMF) has a Debt-to-Equity of 0.06 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Lundin Mining and its competitors. This is 40% below median its historical median of 0.10. According to the industry distribution chart, Lundin Mining ranks #426 out of 1229 companies in the Metals & Mining industry, placing it in the top 34.7%.
Is Lundin Mining's Debt-to-Equity too high?
Lundin Mining's current Debt-to-Equity of 0.06 is 40% below median its 10-year median of 0.10. The Metals & Mining industry median Debt-to-Equity is 0.14. Lundin Mining's value of 0.06 is 57.1% below this industry median. Based on the distribution chart, Lundin Mining ranks #426 out of 1229 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Lundin Mining has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lundin Mining's Debt-to-Equity compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, Lundin Mining ranks #426 out of 1229 companies for Debt-to-Equity. This puts Lundin Mining in the upper half of its industry. The industry median Debt-to-Equity is 0.14. Lundin Mining's value of 0.06 is 57.1% below this benchmark. While the company's 10-year median is 0.10 vs. the industry median of 0.14, Lundin Mining has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Metals & Mining company?
The median Debt-to-Equity among Metals & Mining companies is 0.14, based on 1,229 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Lundin Mining's current Debt-to-Equity of 0.06 is 57.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Lundin Mining and its competitors. For the Metals & Mining industry, the median Debt-to-Equity is 0.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lundin Mining's current Debt-to-Equity is 0.06, which is 40% below median its own 10-year median of 0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lundin Mining stock overvalued right now?
Based on GuruFocus' analysis, Lundin Mining (LUNMF) is currently considered Significantly Overvalued. The stock's GF Value™ is $13.87, compared to a current price of $25.29 — trading 82.3% above its estimated fair value. The current Debt-to-Equity is 0.06, which is 40% below median its 10-year median of 0.10 and 57.1% below the Metals & Mining industry median of 0.14. Lundin Mining's overall GF Score™ is 69/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Lundin Mining (LUNMF), the current Debt-to-Equity is 0.06 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Lundin Mining (LUNMF) Overvalued in 2026?
Based on GuruFocus' analysis, Lundin Mining stock appears to be overvalued.
The current stock price of $25.29 is trading 82.3% above its estimated GF Value™ of $13.87.
GuruFocus considers Lundin Mining to be Significantly Overvalued.
Key valuation signals for LUNMF:
Debt-to-Equity: 0.06 (40% below median its 10-year median of 0.10)
GF Value™: $13.87 vs. price of $25.29 (82.3% above fair value)
Industry Position: 57.1% below the Metals & Mining median (#426 of 1229)
No single metric tells the full story. See the LUNMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lundin Mining Corp is adiversified Canadian base metals mining company primarily producing copper and gold with operations in Brazil, Chile, Portugal, Sweden, and the United States of America, producing copper, zinc, gold, and nickel. Its material mineral properties include Candelaria, Chapada, and Caserones. The majority of the revenue is from Copper.
69GF Score
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