Lundin Mining Co. (LUN) Receives C$8.55 Average PT from Analysts
Shares of Lundin Mining Co. (TSE:LUN) have received a consensus rating of “Buy” from the ten ratings firms that are currently covering the company. One analyst has rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating on the company. The average twelve-month price target among brokers that have covered the stock in the last year is C$8.50.
A number of equities analysts recently weighed in on LUN shares. Royal Bank of Canada reiterated an “outperform” rating on shares of Lundin Mining in a research report on Tuesday, April 11th. TD Securities reissued a “buy” rating and issued a C$9.50 target price on shares of Lundin Mining in a report on Thursday, April 27th. Finally, Scotiabank raised their target price on Lundin Mining from C$9.00 to C$9.50 and gave the company a “focus stock” rating in a report on Thursday, April 27th.
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Lundin Mining (TSE:LUN) opened at 7.58 on Friday. The stock’s market cap is $5.51 billion. Lundin Mining has a 12 month low of $4.08 and a 12 month high of $8.94. The stock has a 50 day moving average of $7.27 and a 200-day moving average of $7.36.
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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