Lundin Mining Co. (TSE:LUN) Receives C$39.69 Consensus Target Price from Analysts

Lundin Mining Co. (TSE:LUNGet Free Report) has earned an average rating of “Moderate Buy” from the fourteen ratings firms that are covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, five have given a hold recommendation and eight have issued a buy recommendation on the company. The average 1-year price objective among brokers that have covered the stock in the last year is C$39.69.

A number of research firms have weighed in on LUN. National Bank Financial decreased their target price on shares of Lundin Mining from C$43.50 to C$42.50 and set a “sector perform” rating on the stock in a research note on Tuesday, July 14th. Dnb Carnegie raised Lundin Mining to a “hold” rating in a report on Friday, July 3rd. TD cut their price objective on Lundin Mining from C$44.00 to C$43.00 and set a “buy” rating on the stock in a report on Tuesday, July 14th. The Goldman Sachs Group upped their target price on Lundin Mining from C$40.80 to C$48.20 in a report on Friday, June 5th. Finally, BMO Capital Markets increased their target price on Lundin Mining from C$36.00 to C$45.00 in a research report on Wednesday, April 22nd.

Read Our Latest Research Report on LUN

Lundin Mining Trading Up 3.1%

LUN opened at C$35.61 on Friday. The company has a market cap of C$30.40 billion, a P/E ratio of 21.32, a PEG ratio of -0.26 and a beta of 2.32. The company has a current ratio of 1.81, a quick ratio of 0.90 and a debt-to-equity ratio of 5.55. The company’s 50 day moving average is C$36.67 and its 200-day moving average is C$36.43. Lundin Mining has a 1-year low of C$13.48 and a 1-year high of C$45.74.

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

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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