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

Shares of Lundin Mining Corp. (OTCMKTS:LUNMF) have earned an average recommendation of “Moderate Buy” from the twelve analysts that are currently covering the stock, MarketBeat Ratings reports. Seven research analysts have rated the stock with a hold recommendation, four have given a buy recommendation and one has assigned a strong buy recommendation to the company.

A number of equities research analysts recently commented on LUNMF shares. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Lundin Mining in a report on Tuesday, February 24th. National Bank Financial lowered shares of Lundin Mining from an “outperform” rating to a “hold” rating in a report on Monday, February 16th. TD Securities reiterated a “buy” rating on shares of Lundin Mining in a report on Monday, February 23rd. Raymond James Financial reiterated a “market perform” rating on shares of Lundin Mining in a report on Wednesday, January 14th. Finally, Canadian Imperial Bank of Commerce reiterated a “neutral” rating on shares of Lundin Mining in a report on Tuesday, April 21st.

Lundin Mining Trading Down 0.9%

OTCMKTS:LUNMF opened at $27.02 on Tuesday. The company has a fifty day moving average of $26.75 and a 200 day moving average of $22.65. Lundin Mining has a 52 week low of $7.76 and a 52 week high of $33.29. The company has a quick ratio of 1.17, a current ratio of 1.64 and a debt-to-equity ratio of 0.03. The firm has a market capitalization of $23.11 billion, a P/E ratio of 18.01, a P/E/G ratio of 1.37 and a beta of 1.30.

Lundin Mining (OTCMKTS:LUNMF) last posted its quarterly earnings results on Thursday, February 19th. The basic materials company reported $0.42 EPS for the quarter, beating analysts’ consensus estimates of $0.30 by $0.12. Lundin Mining had a net margin of 30.48% and a return on equity of 10.02%. The company had revenue of $1.30 billion during the quarter, compared to analyst estimates of $1.18 billion. On average, research analysts predict that Lundin Mining will post 1.13 earnings per share for the current year.

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.