Shares of Lundin Mining Co. (TSE:LUN – Get Free Report) have been assigned a consensus recommendation of “Hold” from the seventeen brokerages that are currently covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and nine have issued a buy rating on the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is C$17.57.
A number of research analysts have recently commented on LUN shares. National Bankshares lowered their price objective on Lundin Mining from C$19.50 to C$18.50 and set an “outperform” rating on the stock in a report on Monday, July 15th. Morgan Stanley increased their price objective on shares of Lundin Mining from C$20.00 to C$20.70 in a research note on Friday, June 21st. CIBC boosted their price target on shares of Lundin Mining from C$16.00 to C$17.00 and gave the company a “neutral” rating in a research report on Tuesday, August 6th. BMO Capital Markets boosted their target price on shares of Lundin Mining from C$16.50 to C$19.50 and gave the stock an “outperform” rating in a research note on Tuesday, May 21st. Finally, Scotiabank upgraded shares of Lundin Mining from a “sector perform” rating to an “outperform” rating and cut their target price for the company from C$18.00 to C$16.00 in a research report on Monday, August 19th.
Check Out Our Latest Research Report on LUN
Lundin Mining Stock Down 0.1 %
Lundin Mining (TSE:LUN – Get Free Report) last posted its quarterly earnings data on Tuesday, July 30th. The mining company reported C$0.22 EPS for the quarter, missing analysts’ consensus estimates of C$0.25 by C($0.03). Lundin Mining had a return on equity of 5.04% and a net margin of 4.21%. The firm had revenue of C$1.48 billion during the quarter, compared to analyst estimates of C$1.51 billion. Equities analysts expect that Lundin Mining will post 0.9410132 earnings per share for the current fiscal year.
Lundin Mining Company Profile
Lundin Mining Corporation, a diversified base metals mining company, engages in the exploration, development, and mining of mineral properties in Chile, Brazil, the United States, Portugal, Sweden, and Argentina. It primarily produces copper, zinc, gold, nickel, and molybdenum, as well as lead, silver, and other metals.
Featured Articles
- Five stocks we like better than Lundin Mining
- Comparing and Trading High PE Ratio Stocks
- Does A&F’s Q2 Earnings Win Point to a Strong Holiday Season?
- What is a Death Cross in Stocks?
- Best Buy Stock Flashes Bullish Signal, Challenges Remain
- What Are Some of the Best Large-Cap Stocks to Buy?
- Affirm Shows Buy-Now-Pay-Later Is Here to Stay in Latest Results
Receive News & Ratings for Lundin Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lundin Mining and related companies with MarketBeat.com's FREE daily email newsletter.