Lundin Mining (OTCMKTS:LUNMF – Get Free Report) is anticipated to announce its results after the market closes on Wednesday, February 18th. Analysts expect the company to announce earnings of $0.27 per share and revenue of $1.1771 billion for the quarter.
Lundin Mining Trading Down 0.7%
Shares of LUNMF stock opened at $25.34 on Wednesday. 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 market cap of $21.65 billion, a P/E ratio of 633.50, a PEG ratio of 0.57 and a beta of 1.24. The company has a 50 day moving average of $22.76 and a 200-day moving average of $17.11. Lundin Mining has a 12-month low of $6.30 and a 12-month high of $28.65.
Wall Street Analysts Forecast Growth
Several analysts have issued reports on the company. Wall Street Zen lowered Lundin Mining from a “buy” rating to a “hold” rating in a research note on Monday, November 3rd. Cormark raised shares of Lundin Mining from a “hold” rating to a “moderate buy” rating in a research report on Monday, December 22nd. Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating on shares of Lundin Mining in a report on Wednesday, February 4th. Citigroup started coverage on shares of Lundin Mining in a report on Monday, December 15th. They set a “buy” rating on the stock. Finally, Scotiabank reaffirmed an “outperform” rating on shares of Lundin Mining in a report on Monday, January 26th. Four analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, 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.
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