Lundin Mining Co. (TSE:LUN - Get Free Report)'s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$13.00 and traded as high as C$13.19. Lundin Mining shares last traded at C$13.16, with a volume of 2,035,645 shares.
Analyst Ratings Changes
Several research analysts recently weighed in on LUN shares. Stifel Nicolaus cut their target price 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. Jefferies Financial Group lowered 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 price target on shares of Lundin Mining and gave the stock a "buy" rating in a research report on Thursday, March 6th. Scotiabank lowered shares of Lundin Mining from a "strong-buy" rating to a "hold" rating in a report on Wednesday, January 15th. Finally, Stifel Canada upgraded Lundin Mining to a "strong-buy" rating in a report on Wednesday. Seven research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of C$17.15.
View Our Latest Report on Lundin Mining
Lundin Mining Trading Down 3.0 %
The company has a quick ratio of 0.90, a current ratio of 1.40 and a debt-to-equity ratio of 41.58. The firm's 50 day moving average is C$12.20 and its two-hundred day moving average is C$12.97. The stock has a market cap of C$7.63 billion, a price-to-earnings ratio of 24.79, a price-to-earnings-growth ratio of -0.26 and a beta of 1.66.
About Lundin Mining
(
Get Free Report)
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.
See Also
Before you consider Lundin Mining, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Lundin Mining wasn't on the list.
While Lundin Mining currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market volatility creates opportunity. Our analysts have pinpointed 10 stocks perfectly positioned for exceptional growth this spring, even amid economic uncertainty. Don't miss your chance to access this timely research and invest with confidence.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
