Lundin Mining Co. (TSE:LUN - Get Free Report) has been assigned an average rating of "Moderate Buy" from the fifteen analysts that are presently covering the company, MarketBeat Ratings reports. Seven investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is C$17.15.
A number of brokerages have recently issued reports on LUN. Jefferies Financial Group cut their price target on Lundin Mining from C$20.00 to C$16.00 in a report on Monday, January 6th. The Goldman Sachs Group set a C$16.60 target price on shares of Lundin Mining and gave the stock a "buy" rating in a report on Thursday, March 6th. Scotiabank cut shares of Lundin Mining from a "strong-buy" rating to a "hold" rating in a report on Wednesday, January 15th. Stifel Nicolaus reduced their price objective on shares of Lundin Mining from C$17.50 to C$16.00 and set a "buy" rating for the company in a research note on Thursday, January 30th. Finally, Raymond James lowered their target price on shares of Lundin Mining from C$15.00 to C$14.00 and set a "market perform" rating for the company in a research note on Thursday, January 16th.
Get Our Latest Stock Analysis on Lundin Mining
Lundin Mining Stock Up 1.3 %
TSE LUN traded up C$0.16 during trading on Tuesday, reaching C$12.78. 2,176,408 shares of the company's stock traded hands, compared to its average volume of 2,621,642. The company's 50 day simple moving average is C$12.17 and its two-hundred day simple moving average is C$13.02. Lundin Mining has a 12-month low of C$10.92 and a 12-month high of C$17.97. The firm has a market cap of C$7.81 billion, a price-to-earnings ratio of 25.36, a price-to-earnings-growth ratio of -0.26 and a beta of 1.66. The company has a debt-to-equity ratio of 41.58, a current ratio of 1.40 and a quick ratio of 0.90.
Lundin Mining Company Profile
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Get Free ReportLundin 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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