Lundin Mining Co. (OTCMKTS:LUNMF) Announces $0.06 Dividend

Lundin Mining Co. (OTCMKTS:LUNMF) declared a dividend on Friday, November 22nd,investing.com reports. Shareholders of record on Monday, December 2nd will be paid a dividend of 0.0647 per share by the basic materials company on Wednesday, December 11th. This represents a yield of 2.56%. The ex-dividend date of this dividend is Friday, November 29th.

Lundin Mining Trading Down 5.0 %

Shares of LUNMF opened at $9.73 on Wednesday. Lundin Mining has a 1-year low of $6.51 and a 1-year high of $13.26. The company has a current ratio of 1.40, a quick ratio of 0.96 and a debt-to-equity ratio of 0.28. The firm’s 50-day moving average price is $10.15 and its 200-day moving average price is $10.45. The firm has a market capitalization of $7.56 billion, a price-to-earnings ratio of 24.98, a PEG ratio of 0.36 and a beta of 1.50.

Lundin Mining (OTCMKTS:LUNMF) last posted its quarterly earnings data on Wednesday, November 6th. The basic materials company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.18 by ($0.09). Lundin Mining had a net margin of 6.63% and a return on equity of 5.02%. The firm had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.10 billion. Sell-side analysts anticipate that Lundin Mining will post 0.58 EPS for the current 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.