Lundin Mining Corp. (OTCMKTS:LUNMF) Given Average Recommendation of “Moderate Buy” by Brokerages

Lundin Mining Corp. (OTCMKTS:LUNMF) has been given a consensus rating of “Moderate Buy” by the thirteen brokerages that are currently covering the stock, Marketbeat Ratings reports. Five research analysts have rated the stock with a hold rating, four have assigned a buy rating and four have issued a strong buy rating on the company.

Several research firms have recently issued reports on LUNMF. Wall Street Zen downgraded Lundin Mining from a “buy” rating to a “hold” rating in a research note on Monday, November 3rd. Cormark raised Lundin Mining from a “hold” rating to a “moderate buy” rating in a research report on Monday, December 22nd. CIBC reissued a “neutral” rating on shares of Lundin Mining in a research report on Friday, December 12th. Haywood Securities cut shares of Lundin Mining from a “strong-buy” rating to a “hold” rating in a research note on Friday, September 12th. Finally, TD Securities reiterated a “buy” rating on shares of Lundin Mining in a research note on Wednesday, September 10th.

Lundin Mining Trading Up 1.5%

Shares of OTCMKTS:LUNMF opened at $21.56 on Wednesday. The company has a current ratio of 1.51, a quick ratio of 0.96 and a debt-to-equity ratio of 0.05. The stock has a market capitalization of $18.45 billion, a PE ratio of 538.98, a P/E/G ratio of 0.76 and a beta of 1.26. Lundin Mining has a 1 year low of $6.30 and a 1 year high of $22.00. The firm has a fifty day moving average price of $18.37 and a 200 day moving average price of $14.12.

Lundin Mining Company Profile

Lundin Mining Corporation is a Canada-based diversified base metals mining company engaged in the acquisition, exploration, development, and operation of mines. The company’s portfolio encompasses copper, nickel, zinc, and lead, with by-products including gold and silver. Through its technical expertise and focus on cost-effective operations, Lundin Mining aims to maximize long-term value while meeting industry standards for safety and environmental stewardship.

Operationally, Lundin Mining holds interests in several producing assets across the Americas and Europe.