VANCOUVER, British Columbia (AP) — VANCOUVER, British Columbia (AP) — Lundin Mining Corp. (LUNMF) on Wednesday reported third-quarter earnings of $162.9 million.
On a per-share basis, the Vancouver, British Columbia-based company said it had profit of 19 cents. Earnings, adjusted to account for discontinued operations, came to 18 cents per share.
The results surpassed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 15 cents per share.
The base metals mining company posted revenue of $1.01 billion in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $897.3 million.
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