Lundin Mining (TSE:LUN) Price Target Cut to C$25.40 by Analysts at JPMorgan Chase & Co.

Lundin Mining (TSE:LUN) had its target price lowered by JPMorgan Chase & Co. from C$28.00 to C$25.40 in a research report report published on Wednesday,BayStreet.CA reports.

A number of other equities research analysts also recently commented on LUN. Royal Bank Of Canada lifted their price target on shares of Lundin Mining from C$16.00 to C$18.00 in a report on Wednesday, September 10th. Scotiabank boosted their price target on Lundin Mining from C$23.00 to C$23.50 in a report on Tuesday, October 28th. Cormark cut Lundin Mining from a “moderate buy” rating to a “hold” rating in a report on Thursday, November 13th. BMO Capital Markets lifted their price objective on Lundin Mining from C$22.00 to C$25.00 in a research report on Thursday, November 6th. Finally, Haywood Securities lowered Lundin Mining from a “strong-buy” rating to a “hold” rating in a research note on Friday, September 12th. Three analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of C$22.09.

Lundin Mining Stock Performance

TSE LUN opened at C$26.80 on Wednesday. The company has a quick ratio of 0.90, a current ratio of 1.40 and a debt-to-equity ratio of 41.58. Lundin Mining has a fifty-two week low of C$8.94 and a fifty-two week high of C$26.89. The business has a fifty day moving average of C$22.96 and a 200-day moving average of C$17.61. The stock has a market cap of C$22.96 billion, a price-to-earnings ratio of 893.33, a price-to-earnings-growth ratio of -0.26 and a beta of 1.93.

Lundin Mining (TSE:LUN) last posted its quarterly earnings data on Wednesday, November 5th. The mining company reported C$0.18 EPS for the quarter. Lundin Mining had a return on equity of 5.55% and a net margin of 6.63%.The firm had revenue of C$1.40 billion during the quarter.

Lundin Mining Company Profile

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.