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

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

LUNMF has been the subject of several research reports. CIBC reissued a “neutral” rating on shares of Lundin Mining in a research note on Friday, December 12th. Citigroup initiated coverage on shares of Lundin Mining in a report on Monday, December 15th. They set a “buy” rating for the company. Wall Street Zen downgraded shares of Lundin Mining from a “buy” rating to a “hold” rating in a research report on Monday, November 3rd. Scotiabank reiterated an “outperform” rating on shares of Lundin Mining in a research report on Tuesday, October 28th. Finally, Raymond James Financial reiterated a “market perform” rating on shares of Lundin Mining in a research note on Wednesday.

Lundin Mining Stock Up 2.4%

LUNMF opened at $25.18 on Friday. Lundin Mining has a 12 month low of $6.30 and a 12 month high of $25.67. The stock has a market capitalization of $21.51 billion, a P/E ratio of 629.50, a P/E/G ratio of 0.57 and a beta of 1.23. The business has a 50 day simple moving average of $20.28 and a 200-day simple moving average of $15.27. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.51 and a quick ratio of 0.96.

About Lundin Mining

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.