Lundin Mining Co. (OTCMKTS:LUNMF) Short Interest Update

Lundin Mining Co. (OTCMKTS:LUNMF - Get Free Report) saw a significant decrease in short interest in the month of January. As of January 31st, there was short interest totalling 20,243,300 shares, a decrease of 20.1% from the January 15th total of 25,324,400 shares. Based on an average daily trading volume, of 398,300 shares, the days-to-cover ratio is presently 50.8 days.

Lundin Mining Trading Up 0.7 %

Shares of LUNMF stock traded up $0.06 during trading hours on Wednesday, hitting $8.76. 321,798 shares of the company were exchanged, compared to its average volume of 298,032. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.96 and a current ratio of 1.40. The company has a 50 day simple moving average of $8.57 and a two-hundred day simple moving average of $9.41. The firm has a market cap of $7.60 billion, a P/E ratio of 24.33, a P/E/G ratio of 0.36 and a beta of 1.46. Lundin Mining has a fifty-two week low of $7.51 and a fifty-two week high of $13.26.

Lundin Mining Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, December 11th. Stockholders of record on Monday, December 2nd were issued a dividend of $0.0647 per share. The ex-dividend date of this dividend was Friday, November 29th. This represents a dividend yield of 2.56%. Lundin Mining's dividend payout ratio is 75.00%.

About Lundin Mining

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.