Lundin Mining Corp (TSE:LUN) has released an update.
Lundin Mining Corp has pre-announced significant items influencing its first quarter 2024 earnings, highlighting unaudited gains from foreign exchange and derivatives, supporting capital funding for the Josemaria Project, as well as provisional pricing adjustments that could boost revenue. The company expects both cash and non-cash impacts, including a substantial unrealized loss due to derivative contracts, which will affect overall earnings but not the adjusted EBITDA, adjusted earnings, or adjusted earnings per share. These financial details are ahead of the full results scheduled for release on May 1, 2024.
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