Analysts Set Lundin Mining Co. (TSE:LUN) PT at C$11.84

Lundin Mining Co. (TSE:LUNGet Free Report) has received an average rating of “Hold” from the fifteen brokerages that are presently covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and six have assigned a buy rating to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is C$11.87.

Several equities analysts have recently issued reports on LUN shares. Stifel Nicolaus decreased their price target on shares of Lundin Mining from C$13.00 to C$12.00 and set a “buy” rating for the company in a report on Monday, November 13th. Canaccord Genuity Group cut their price target on shares of Lundin Mining from C$11.00 to C$10.75 in a research report on Monday, January 22nd. JPMorgan Chase & Co. cut their price target on shares of Lundin Mining from C$8.90 to C$8.40 in a research report on Friday, January 19th. National Bankshares dropped their target price on shares of Lundin Mining from C$13.00 to C$12.50 and set an “outperform” rating on the stock in a report on Monday, January 15th. Finally, Morgan Stanley dropped their target price on shares of Lundin Mining from C$12.80 to C$12.60 and set an “outperform” rating on the stock in a report on Wednesday, January 31st.

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Lundin Mining Stock Down 0.8 %

TSE LUN opened at C$11.06 on Monday. Lundin Mining has a twelve month low of C$7.35 and a twelve month high of C$11.93. The company has a debt-to-equity ratio of 23.60, a quick ratio of 0.90 and a current ratio of 1.35. The stock has a market cap of C$8.56 billion, a PE ratio of 18.43, a PEG ratio of -0.26 and a beta of 1.77. The firm has a 50-day simple moving average of C$10.57 and a 200 day simple moving average of C$10.12.

About Lundin Mining

(Get Free Report

Lundin Mining Corporation, a diversified base metals mining company, engages in the exploration, development, and mining of mineral properties in Brazil, Chile, Portugal, Sweden, and the United States. It primarily produces copper, zinc, nickel, and gold, as well as lead, silver, and other metals. The company holds 100% interests in the Chapada mine located in Brazil; the Neves-Corvo mine located in Portugal; the Eagle mine located in the United States; and the Zinkgruvan mine located in Sweden.

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Analyst Recommendations for Lundin Mining (TSE:LUN)

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