Lundin Mining Corp. (LUNMF) – What Are Analysts Saying About This Stock?

Lundin Mining Corp. (OTCMKTS:LUNMF – Get Free Report) has been assigned an average rating of “Hold” from the twelve analysts that are presently covering the company, Marketbeat.com reports. Eight research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company.

LUNMF has been the topic of several research analyst reports. Canaccord Genuity Group lowered Lundin Mining from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 6th. Scotiabank reaffirmed an “outperform” rating on shares of Lundin Mining in a research report on Tuesday, July 7th. Citigroup reiterated a “positive” rating on shares of Lundin Mining in a research note on Wednesday, July 15th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Lundin Mining in a report on Thursday, July 2nd. Finally, Dnb Carnegie raised Lundin Mining to a “hold” rating in a report on Friday, July 3rd.

View Our Latest Analysis on Lundin Mining

Lundin Mining Stock Up 0.5%

Shares of LUNMF stock opened at $23.61 on Tuesday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.05 and a current ratio of 1.60. The firm’s 50-day moving average is $25.15 and its 200-day moving average is $26.10. The stock has a market cap of $20.10 billion, a price-to-earnings ratio of 13.64, a PEG ratio of 1.22 and a beta of 1.27. Lundin Mining has a 52-week low of $13.97 and a 52-week high of $33.29.

Lundin Mining (OTCMKTS:LUNMF – Get Free Report) last issued its earnings results on Wednesday, August 5th. The basic materials company reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.34 by ($0.04). Lundin Mining had a net margin of 31.82% and a return on equity of 13.18%. The firm had revenue of $1.21 billion during the quarter, compared to analyst estimates of $1.19 billion. Sell-side analysts predict that Lundin Mining will post 1.30 EPS for the current year.

Lundin Mining Company Profile

(Get Free Report)

Lundin Mining Corporation is a Canadian base-metals mining company headquartered in Vancouver, British Columbia. The company explores, develops, and operates mines that produce copper, zinc, gold, and silver, with copper representing its primary focus. Its products are sold to customers in industrial and metals markets.

Lundin Mining’s principal assets have included the Candelaria copper-gold-silver complex and Caserones copper-molybdenum mine in Chile, the Eagle nickel-copper mine in Michigan, and the Zinkgruvan zinc-lead-silver mine in Sweden.

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Analyst Recommendations for Lundin Mining (OTCMKTS:LUNMF)

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