• Lundin Mining average ebitda margin for 2023 was 32.41%, a 30.08% increase from 2022.
• Lundin Mining average ebitda margin for 2022 was 46.35%, a 10.17% decline from 2021.
• Lundin Mining average ebitda margin for 2021 was 51.6%, a 35.72% decline from 2020.

Ebitda margin can be defined as earnings before interest, taxes, depreciation and amortization as a portion of total revenue.