Shares of Lundin Mining Co. (TSE:LUN) have been assigned a consensus rating of “Hold” from the twelve brokerages that are presently covering the stock, MarketBeat Ratings reports. Seven analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is C$9.30.
Several equities analysts recently weighed in on LUN shares. Berenberg Bank boosted their price objective on Lundin Mining from C$10.00 to C$10.25 in a research report on Thursday, October 26th. CIBC cut their price objective on Lundin Mining from C$12.00 to C$10.00 in a research report on Friday, December 1st. Eight Capital cut their price objective on Lundin Mining from C$12.00 to C$11.00 in a research report on Friday, December 1st. Morgan Stanley cut their price objective on Lundin Mining from C$7.20 to C$6.10 in a research report on Tuesday, December 5th. Finally, BMO Capital Markets boosted their price objective on Lundin Mining from C$9.50 to C$10.00 in a research report on Monday, December 18th.
Shares of Lundin Mining (LUN) traded down C$0.07 during trading hours on Monday, hitting C$8.33. The company’s stock had a trading volume of 2,084,400 shares, compared to its average volume of 5,820,000. Lundin Mining has a 12 month low of C$6.62 and a 12 month high of C$10.22. The firm has a market capitalization of $6,040.00, a PE ratio of 12.43 and a beta of 1.34.
About Lundin Mining
Lundin Mining Corporation is a diversified base metals mining company. The Company is engaged in mining, exploration and development of mineral properties, primarily in Chile, the United States, Portugal, Sweden and the Democratic Republic of Congo (DRC). Its segments include Candeleria, Eagle, Neves-Corvo, Zinkgruvan, Tenke Fungurume and Other.
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