Lundin Mining Co. (TSE:LUN - Get Free Report) Director Adam Ian Lundin bought 150,000 shares of the business's stock in a transaction dated Thursday, April 3rd. The shares were bought at an average price of C$10.82 per share, with a total value of C$1,623,000.00.
Lundin Mining Price Performance
Lundin Mining stock traded up C$0.19 during mid-day trading on Monday, hitting C$9.69. The stock had a trading volume of 3,426,402 shares, compared to its average volume of 2,655,206. The company has a current ratio of 1.40, a quick ratio of 0.90 and a debt-to-equity ratio of 41.58. Lundin Mining Co. has a one year low of C$9.09 and a one year high of C$17.97. The firm's 50 day moving average is C$12.10 and its 200 day moving average is C$12.95. The firm has a market capitalization of C$5.92 billion, a P/E ratio of 19.23, a P/E/G ratio of -0.26 and a beta of 1.66.
Analyst Ratings Changes
LUN has been the subject of a number of analyst reports. Stifel Canada raised Lundin Mining to a "strong-buy" rating in a research note on Wednesday, March 19th. UBS Group lowered their price target on shares of Lundin Mining from C$17.00 to C$15.50 in a report on Tuesday, January 7th. Jefferies Financial Group reduced their price target on Lundin Mining from C$20.00 to C$16.00 in a report on Monday, January 6th. Raymond James cut their price target on shares of Lundin Mining from C$15.00 to C$14.00 and set a "market perform" rating on the stock in a report on Thursday, January 16th. Finally, Stifel Nicolaus cut their price target on shares of Lundin Mining from C$17.50 to C$16.00 and set a "buy" rating on the stock in a research report on Thursday, January 30th. Seven research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of C$17.09.
Get Our Latest Stock Analysis on Lundin Mining
Lundin Mining Company Profile
(
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Lundin Mining Corp is a diversified Canadian base metals mining company with operations in Brazil Chile Portugal Sweden and the United States of America producing copper zinc gold and nickel. Its material mineral properties include Candelaria Chapada Eagle and Neves-Corvo.
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