Shares of Lundin Mining Co. (OTCMKTS:LUNMF) have been given a consensus rating of “Hold” by the eight brokerages that are covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the company.
A number of equities analysts recently issued reports on the company. Goldman Sachs Group cut Lundin Mining from a “buy” rating to a “neutral” rating in a report on Monday, February 18th. ValuEngine downgraded Lundin Mining from a “hold” rating to a “sell” rating in a report on Monday. CIBC reiterated a “buy” rating on shares of Lundin Mining in a report on Sunday, January 20th. Raymond James reiterated a “hold” rating on shares of Lundin Mining in a report on Friday, January 18th. Finally, Credit Suisse Group reiterated a “neutral” rating on shares of Lundin Mining in a report on Sunday, December 2nd.
LUNMF opened at $4.70 on Tuesday. The firm has a market capitalization of $3.50 billion, a PE ratio of 17.59 and a beta of 1.82. Lundin Mining has a one year low of $3.60 and a one year high of $7.09.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 10th. Stockholders of record on Friday, March 22nd will be issued a dividend of $0.023 per share. The ex-dividend date is Thursday, March 21st. This represents a $0.09 dividend on an annualized basis and a dividend yield of 1.96%.
Lundin Mining Company Profile
Lundin Mining Corporation, a diversified base metals mining company, engages in the exploration, development, and mining of mineral properties in Chile, the United States, Portugal, and Sweden. It primarily produces copper, zinc, and nickel, as well as gold, lead, silver, and other metals. The company holds 100% interest in the Eagle mine located in the United States; the Neves-Corvo mine located in Portugal; and the Zinkgruvan mine located in Sweden, as well as 80% interest in Candelaria and Ojos del Salado mining complex; and 24% interest the Freeport Cobalt Oy business, which includes a cobalt refinery located in Kokkola, Finland.
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