Lundin Mining Corp. (OTCMKTS:LUNMF) Receives Consensus Recommendation of “Moderate Buy” from Analysts

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

LUNMF has been the subject of several research analyst reports. Wall Street Zen downgraded Lundin Mining from a “buy” rating to a “hold” rating in a research note on Monday, November 3rd. Canadian Imperial Bank of Commerce reissued a “neutral” rating on shares of Lundin Mining in a research note on Wednesday, February 4th. Citigroup reaffirmed a “buy” rating on shares of Lundin Mining in a research report on Wednesday. Cormark raised shares of Lundin Mining from a “hold” rating to a “moderate buy” rating in a report on Monday, December 22nd. Finally, Raymond James Financial restated a “market perform” rating on shares of Lundin Mining in a research report on Wednesday, January 14th.

Lundin Mining Trading Down 1.0%

Shares of LUNMF stock opened at $25.53 on Thursday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.96 and a current ratio of 1.51. The company has a market capitalization of $21.81 billion, a price-to-earnings ratio of 638.25, a PEG ratio of 0.54 and a beta of 1.24. The company has a 50-day simple moving average of $23.18 and a two-hundred day simple moving average of $17.39. Lundin Mining has a 52-week low of $6.30 and a 52-week high of $28.65.

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.