Lundin Mining (LUN) Given New C$11.00 Price Target at Eight Capital
Several other research analysts also recently weighed in on the stock. CIBC restated an outperform rating and set a C$12.00 price objective on shares of Lundin Mining in a report on Friday, September 15th. Scotiabank restated a focus stock rating and set a C$10.50 price objective on shares of Lundin Mining in a report on Wednesday, September 6th. TD Securities downgraded shares of Lundin Mining from a buy rating to a hold rating and lowered their price objective for the stock from C$11.50 to C$9.50 in a report on Thursday. National Bank Financial downgraded shares of Lundin Mining from an outperform rating to a sector perform rating and upped their price objective for the stock from C$10.50 to C$11.50 in a report on Wednesday, October 18th. Finally, BMO Capital Markets restated an outperform rating and set a C$10.50 price objective on shares of Lundin Mining in a report on Monday, October 23rd. Seven research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Lundin Mining has an average rating of Hold and an average price target of C$10.02.
Lundin Mining (TSE:LUN) traded down C$0.30 on Friday, reaching C$7.22. 12,378,700 shares of the company’s stock traded hands, compared to its average volume of 3,004,891. Lundin Mining has a 1 year low of C$6.30 and a 1 year high of C$10.22.
Lundin Mining Company Profile
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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