Lundin Mining Corp. (OTCMKTS:LUNMF) Receives Average Rating of “Hold” from Analysts

Lundin Mining Corp. (OTCMKTS:LUNMF) has been assigned a consensus recommendation of “Hold” from the twelve brokerages that are covering the company, MarketBeat Ratings reports. Eight equities research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company.

LUNMF has been the subject of several recent research reports. Dnb Carnegie upgraded Lundin Mining to a “hold” rating in a research report on Friday, July 3rd. Royal Bank Of Canada restated a “sector perform” rating on shares of Lundin Mining in a research report on Thursday, June 18th. Barclays raised shares of Lundin Mining to a “hold” rating in a research note on Friday, May 22nd. Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating on shares of Lundin Mining in a report on Tuesday, April 21st. Finally, Citigroup reiterated a “positive” rating on shares of Lundin Mining in a research note on Wednesday.

Lundin Mining Price Performance

OTCMKTS:LUNMF opened at $23.51 on Friday. The firm’s fifty day moving average is $26.66 and its two-hundred day moving average is $26.09. The firm has a market cap of $20.07 billion, a price-to-earnings ratio of 14.00, a PEG ratio of 0.97 and a beta of 1.25. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.29 and a current ratio of 1.81. Lundin Mining has a one year low of $9.56 and a one year high of $33.29.

Lundin Mining (OTCMKTS:LUNMF) last released its quarterly earnings data on Wednesday, May 6th. The basic materials company reported $0.31 earnings per share for the quarter, beating analysts’ consensus estimates of $0.29 by $0.02. Lundin Mining had a return on equity of 11.69% and a net margin of 32.67%.The business had revenue of $1.16 billion during the quarter, compared to analyst estimates of $1.16 billion. Research analysts expect that Lundin Mining will post 1.32 EPS 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.