Lundin Mining (LUNMF) to Release Earnings on Thursday

Lundin Mining (OTCMKTS:LUNMF) is anticipated to release its results after the market closes on Thursday, February 19th. Analysts expect Lundin Mining to post earnings of $0.27 per share and revenue of $1.1771 billion for the quarter.

Lundin Mining Stock Down 2.4%

LUNMF stock opened at $24.92 on Wednesday. The stock has a market capitalization of $21.29 billion, a PE ratio of 623.00, a price-to-earnings-growth ratio of 0.52 and a beta of 1.24. Lundin Mining has a 52 week low of $6.30 and a 52 week high of $28.65. The company has a quick ratio of 0.96, a current ratio of 1.51 and a debt-to-equity ratio of 0.05. The firm has a 50 day moving average of $23.46 and a 200 day moving average of $17.66.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. Scotiabank reissued an “outperform” rating on shares of Lundin Mining in a research report on Monday, January 26th. Cormark raised Lundin Mining from a “hold” rating to a “moderate buy” rating in a report on Monday, December 22nd. National Bank Financial cut Lundin Mining from an “outperform” rating to a “sector perform” rating in a research note on Monday. Raymond James Financial reiterated a “market perform” rating on shares of Lundin Mining in a research report on Wednesday, January 14th. Finally, Citigroup reissued a “buy” rating on shares of Lundin Mining in a research report on Wednesday, February 11th. Four equities research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy”.

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.