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Lundin MiningLUNMF -4.54%71 Equity-to-Asset is 0.65 as of Jun. 2026, which is 12% above its 10-year median of 0.58. GuruFocus rates LUNMF with a GF Score™ of 71/100 and a GF Value™ of $13.93 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,672 Metals & Mining companies, Lundin Mining ranks worse than 62.35% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Lundin Mining's Total Stockholders Equity for the quarter that ended in Jun. 2026 was $7,019 Mil. Lundin Mining's Total Assets for the quarter that ended in Jun. 2026 was $10,834 Mil.
Therefore, Lundin Mining's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.65.
The historical rank and industry rank for Lundin Mining's Equity-to-Asset or its related term are showing as below:
LUNMF'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.43 Med: 0.58 Max: 0.65
Current: 0.65
During the past 13 years, the highest Equity to Asset Ratio of Lundin Mining was 0.65. The lowest was 0.43. And the median was 0.58.
LUNMF's Equity-to-Asset is ranked worse than 62.35% of 2672
companies
in the Metals & Mining industry
Industry Median: 0.8
vs LUNMF: 0.65
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Lundin Mining Equity-to-Asset Related Terms
Lundin Mining Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Lundin Mining's Equity-to-Asset 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 Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Lundin Mining's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Lundin Mining's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Lundin Mining's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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 Equity-to-Asset of 0.65 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Lundin Mining and its competitors. This is 12% above median its historical median of 0.58. Over the past decade, Lundin Mining's Equity-to-Asset has ranged from 0.43 to 0.65. According to the industry distribution chart, Lundin Mining ranks #1666 out of 2672 companies in the Metals & Mining industry, placing it in the top 62.4%.
Is Lundin Mining's Equity-to-Asset too high?
Lundin Mining's current Equity-to-Asset of 0.65 is 12% above median its 10-year median of 0.58. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 0.65. The Metals & Mining industry median Equity-to-Asset is 0.80. Lundin Mining's value of 0.65 is 18.8% below this industry median. Based on the distribution chart, Lundin Mining ranks #1666 out of 2672 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Lundin Mining has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lundin Mining's Equity-to-Asset compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, Lundin Mining ranks #1666 out of 2672 companies for Equity-to-Asset. This places Lundin Mining in the lower half of its industry. The industry median Equity-to-Asset is 0.80. Lundin Mining's value of 0.65 is 18.8% below this benchmark. Historically, Lundin Mining's own Equity-to-Asset has ranged from 0.43 to 0.65 over the past decade. While the company's 10-year median is 0.58 vs. the industry median of 0.80, 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 Equity-to-Asset for a Metals & Mining company?
The median Equity-to-Asset among Metals & Mining companies is 0.80, based on 2,672 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Lundin Mining's current Equity-to-Asset of 0.65 is 18.8% 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Lundin Mining and its competitors. For the Metals & Mining industry, the median Equity-to-Asset is 0.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lundin Mining's current Equity-to-Asset is 0.65, which is 12% above median its own 10-year median of 0.58. 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 $13.93, compared to a current price of $26.70 — trading 91.7% above its estimated fair value. The current Equity-to-Asset is 0.65, which is 12% above median its 10-year median of 0.58 and 18.8% below the Metals & Mining industry median of 0.80. Lundin Mining's overall GF Score™ is 71/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Lundin Mining (LUNMF), the current Equity-to-Asset is 0.65 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 $26.70 is trading 91.7% above its estimated GF Value™ of $13.93.
GuruFocus considers Lundin Mining to be Significantly Overvalued.
Key valuation signals for LUNMF:
Equity-to-Asset: 0.65 (12% above median its 10-year median of 0.58)
GF Value™: $13.93 vs. price of $26.70 (91.7% above fair value)
Industry Position: 18.8% below the Metals & Mining median (#1666 of 2672)
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.
71GF Score
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