Lundin Mining Corp. (OTCMKTS:LUNMF) Given Average Rating of “Moderate Buy” by Analysts

Lundin Mining Corp. (OTCMKTS:LUNMF) has been assigned an average rating of “Moderate Buy” from the thirteen research firms that are presently covering the company, Marketbeat.com reports. Five research analysts have rated the stock with a hold rating, four have issued a buy rating and four have given a strong buy rating to the company.

Several equities research analysts recently weighed in on LUNMF shares. Haywood Securities lowered shares of Lundin Mining from a “strong-buy” rating to a “hold” rating in a research note on Friday, September 12th. Cormark upgraded Lundin Mining from a “hold” rating to a “moderate buy” rating in a research report on Monday, December 22nd. Citigroup initiated coverage on Lundin Mining in a report on Monday, December 15th. They issued a “buy” rating on the stock. Wall Street Zen downgraded Lundin Mining from a “buy” rating to a “hold” rating in a research note on Monday, November 3rd. Finally, CIBC reiterated a “neutral” rating on shares of Lundin Mining in a research note on Friday, December 12th.

Lundin Mining Trading Up 0.5%

Lundin Mining stock opened at $21.47 on Wednesday. Lundin Mining has a 1 year low of $6.30 and a 1 year high of $21.80. The firm’s 50-day moving average is $18.12 and its 200-day moving average is $13.97. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.96 and a current ratio of 1.51. The company has a market cap of $18.37 billion, a P/E ratio of 536.75, a PEG ratio of 0.76 and a beta of 1.26.

About Lundin Mining

Lundin Mining Corporation is a Canada-based diversified base metals mining company engaged in the acquisition, exploration, development, and operation of mines. The company’s portfolio encompasses copper, nickel, zinc, and lead, with by-products including gold and silver. Through its technical expertise and focus on cost-effective operations, Lundin Mining aims to maximize long-term value while meeting industry standards for safety and environmental stewardship.

Operationally, Lundin Mining holds interests in several producing assets across the Americas and Europe.