Shares of Lundin Mining Co. (TSE:LUN - Get Free Report) have earned a consensus rating of "Moderate Buy" from the fifteen ratings firms that are presently covering the stock, MarketBeat reports. Seven investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is C$17.09.
Several equities analysts have recently commented on LUN shares. The Goldman Sachs Group set a C$16.60 price target on Lundin Mining and gave the company a "buy" rating in a research note on Thursday, March 6th. Stifel Canada upgraded Lundin Mining to a "strong-buy" rating in a research report on Wednesday, March 19th. Jefferies Financial Group dropped their price objective on shares of Lundin Mining from C$20.00 to C$16.00 in a research note on Monday, January 6th. Scotiabank cut shares of Lundin Mining from a "strong-buy" rating to a "hold" rating in a report on Wednesday, January 15th. Finally, UBS Group decreased their price objective on shares of Lundin Mining from C$17.00 to C$15.50 in a research report on Tuesday, January 7th.
View Our Latest Stock Analysis on LUN
Lundin Mining Trading Up 2.0 %
Shares of TSE:LUN traded up C$0.19 during trading hours on Friday, hitting C$9.69. 3,426,902 shares of the company's stock traded hands, compared to its average volume of 2,655,213. The firm has a market capitalization of C$5.92 billion, a P/E ratio of 19.23, a price-to-earnings-growth ratio of -0.26 and a beta of 1.66. Lundin Mining has a 1 year low of C$9.09 and a 1 year high of C$17.97. The business has a fifty day moving average price of C$12.10 and a 200-day moving average price of C$12.95. The company has a debt-to-equity ratio of 41.58, a current ratio of 1.40 and a quick ratio of 0.90.
Insider Buying and Selling at Lundin Mining
In other news, Director Adam Ian Lundin purchased 150,000 shares of the stock in a transaction dated Thursday, April 3rd. The stock was acquired at an average cost of C$10.82 per share, for a total transaction of C$1,623,000.00. Also, insider Nemesia S.a.r.l. purchased 2,000,000 shares of the business's stock in a transaction on Thursday, April 3rd. The shares were acquired at an average price of C$11.35 per share, for a total transaction of C$22,700,000.00. 15.70% of the stock is currently owned by company insiders.
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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