Lundin Mining Co. (OTCMKTS:LUNMF) to Issue $0.06 Dividend

Lundin Mining Co. (OTCMKTS:LUNMF - Get Free Report) declared a dividend on Friday, November 22nd,investing.com reports. Investors of record on Monday, December 2nd will be paid a dividend of 0.0647 per share by the basic materials company on Wednesday, December 11th. This represents a dividend yield of 2.56%. The ex-dividend date is Friday, November 29th.

Lundin Mining Stock Performance

Shares of OTCMKTS:LUNMF traded down $0.04 during trading on Friday, hitting $10.10. 497,008 shares of the stock were exchanged, compared to its average volume of 129,301. Lundin Mining has a 1-year low of $6.50 and a 1-year high of $13.26. The company has a market capitalization of $7.85 billion, a price-to-earnings ratio of 28.06, a price-to-earnings-growth ratio of 0.35 and a beta of 1.50. The company's fifty day simple moving average is $10.11 and its 200-day simple moving average is $10.48. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.00 and a current ratio of 1.40.

Lundin Mining (OTCMKTS:LUNMF - Get Free Report) last issued its quarterly earnings data on Wednesday, November 6th. The basic materials company reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.09). The business had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1.10 billion. Lundin Mining had a net margin of 6.63% and a return on equity of 5.02%. Sell-side analysts expect that Lundin Mining will post 0.59 EPS for the current fiscal year.

Lundin Mining Company Profile

Lundin Mining Corporation, a diversified base metals mining company, engages in the exploration, development, and mining of mineral properties in Chile, Brazil, the United States, Portugal, Sweden, and Argentina. It primarily produces copper, zinc, gold, nickel, and molybdenum, as well as lead, silver, and other metals.