Lonmin Plc (LNMIY) Receives “Sell” Rating from Deutsche Bank AG
Separately, Zacks Investment Research cut shares of Lonmin Plc from a buy rating to a hold rating in a research report on Wednesday, July 6th.
Shares of Lonmin Plc (NASDAQ:LNMIY) opened at 2.5828 on Tuesday. The firm’s 50-day moving average is $2.75 and its 200-day moving average is $2.69. Lonmin Plc has a 12-month low of $0.55 and a 12-month high of $90.00. The company’s market capitalization is $560.98 million.
About Lonmin Plc
Lonmin PLC is a producer of platinum group metals (PGMs). The Company explores, mines, refines and markets PGMs, including platinum, palladium, rhodium, iridium, ruthenium and gold. The Company’s segments include PGM Operations, Evaluation and Exploration. The PGM Operations segment consists of the operational mines and processing facilities, which are located in South Africa.
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