Lundin Mining (TSE:LUN - Get Free Report) was upgraded by Stifel Canada to a "strong-buy" rating in a research note issued on Wednesday,Zacks.com reports. Stifel Canada also issued estimates for Lundin Mining's FY2025 earnings at $0.49 EPS, FY2026 earnings at $0.44 EPS and FY2027 earnings at $0.29 EPS.
A number of other research firms have also recently commented on LUN. UBS Group reduced their price objective on shares of Lundin Mining from C$17.00 to C$15.50 in a research report on Tuesday, January 7th. The Goldman Sachs Group set a C$16.60 price target on shares of Lundin Mining and gave the company a "buy" rating in a research note on Thursday, March 6th. Scotiabank downgraded shares of Lundin Mining from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, January 15th. Stifel Nicolaus decreased their target price on Lundin Mining from C$17.50 to C$16.00 and set a "buy" rating on the stock in a research report on Thursday, January 30th. Finally, Raymond James dropped their price target on Lundin Mining from C$15.00 to C$14.00 and set a "market perform" rating for the company in a report on Thursday, January 16th. Seven research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of C$17.15.
Get Our Latest Stock Report on Lundin Mining
Lundin Mining Stock Performance
Shares of LUN traded up C$0.38 during mid-day trading on Wednesday, reaching C$12.87. The company's stock had a trading volume of 1,627,633 shares, compared to its average volume of 2,662,825. The company has a current ratio of 1.40, a quick ratio of 0.90 and a debt-to-equity ratio of 41.58. Lundin Mining has a 1-year low of C$10.92 and a 1-year high of C$17.97. The business has a 50-day simple moving average of C$12.20 and a two-hundred day simple moving average of C$12.97. The stock has a market cap of C$7.86 billion, a P/E ratio of 25.54, a PEG ratio of -0.26 and a beta of 1.66.
Lundin Mining Company Profile
(
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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.
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