Shares of Lundin Mining Co. (OTCMKTS:LUNMF - Get Free Report) crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $9.35 and traded as low as $8.59. Lundin Mining shares last traded at $8.59, with a volume of 232,333 shares trading hands.
Lundin Mining Stock Performance
The stock has a market cap of $6.67 billion, a price-to-earnings ratio of 23.86, a P/E/G ratio of 0.40 and a beta of 1.48. The company's fifty day simple moving average is $9.33 and its two-hundred day simple moving average is $9.86. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.40 and a quick ratio of 0.96.
Lundin Mining (OTCMKTS:LUNMF - Get Free Report) last announced its quarterly earnings results 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 during the quarter, compared to the consensus estimate of $1.10 billion. On average, analysts forecast that Lundin Mining Co. will post 0.56 earnings per share for the current year.
Lundin Mining Cuts Dividend
The company also recently disclosed a dividend, which was paid on Wednesday, December 11th. Shareholders of record on Monday, December 2nd were given a $0.0647 dividend. This represents a yield of 2.56%. The ex-dividend date of this dividend was Friday, November 29th. Lundin Mining's payout ratio is 72.22%.
About Lundin Mining
(
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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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