Lundin Mining Co. (TSE:LUN) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Lundin Mining Co. (TSE:LUNGet Free Report) have received an average rating of “Moderate Buy” from the fourteen research firms that are covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, five have issued a hold recommendation, seven have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is C$38.30.

A number of brokerages have recently commented on LUN. TD Securities boosted their price objective on shares of Lundin Mining from C$42.00 to C$45.00 and gave the stock a “buy” rating in a research report on Monday, February 23rd. Citigroup boosted their price objective on shares of Lundin Mining from C$32.00 to C$41.00 and gave the stock a “buy” rating in a research report on Wednesday, February 11th. National Bank Financial boosted their price objective on shares of Lundin Mining from C$42.00 to C$43.50 and gave the stock a “sector perform” rating in a research report on Wednesday, April 15th. Stifel Nicolaus upped their target price on Lundin Mining from C$26.00 to C$40.00 and gave the stock a “buy” rating in a report on Wednesday, February 11th. Finally, Canadian Imperial Bank of Commerce upped their target price on Lundin Mining from C$30.00 to C$37.00 in a report on Wednesday, February 4th.

Read Our Latest Report on Lundin Mining

Lundin Mining Stock Performance

Shares of Lundin Mining stock opened at C$41.37 on Friday. The firm has a market cap of C$35.40 billion, a price-to-earnings ratio of 24.77, a price-to-earnings-growth ratio of -0.26 and a beta of 2.25. The stock’s 50-day moving average is C$36.11 and its 200-day moving average is C$32.48. Lundin Mining has a one year low of C$12.13 and a one year high of C$45.74. The company has a debt-to-equity ratio of 5.55, a current ratio of 1.81 and a quick ratio of 0.90.

Lundin Mining (TSE:LUNGet Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The mining company reported C$0.43 EPS for the quarter. The business had revenue of C$1.61 billion for the quarter. Lundin Mining had a net margin of 35.92% and a return on equity of 23.11%.

Lundin Mining Company Profile

(Get Free Report)

Lundin Mining Corp is a diversified Canadian base metals mining company 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 Eagle and Neves-Corvo.

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Analyst Recommendations for Lundin Mining (TSE:LUN)

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