Lundin Mining Co. (OTCMKTS:LUNMF - Get Free Report) shares passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $9.50 and traded as low as $8.63. Lundin Mining shares last traded at $8.71, with a volume of 220,525 shares traded.
Lundin Mining Price Performance
The company has a 50 day moving average of $9.46 and a two-hundred day moving average of $9.94. The firm has a market cap of $6.72 billion, a P/E ratio of 24.04, a PEG ratio of 0.40 and a beta of 1.47. The company has a quick ratio of 0.96, a current ratio of 1.40 and a debt-to-equity ratio of 0.28.
Lundin Mining (OTCMKTS:LUNMF - Get Free Report) last posted its quarterly earnings data on Wednesday, November 6th. The basic materials company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.18 by ($0.09). Lundin Mining had a net margin of 6.63% and a return on equity of 5.02%. The business had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.10 billion. Sell-side analysts expect that Lundin Mining Co. will post 0.56 EPS for the current year.
Lundin Mining Cuts Dividend
The business also recently declared a dividend, which was paid on Wednesday, December 11th. Shareholders of record on Monday, December 2nd were issued a $0.0647 dividend. 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 currently 72.22%.
Lundin Mining Company Profile
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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.
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