Lundin Mining Co. (LUN) Insider Sells C$1,016,400.00 in Stock
Lundin Mining Co. (TSE:LUN) insider Stephen Trelawney Gatley sold 120,000 shares of the stock in a transaction that occurred on Friday, February 23rd. The shares were sold at an average price of C$8.47, for a total transaction of C$1,016,400.00.
Lundin Mining Co. (TSE:LUN) traded down C$0.05 during midday trading on Friday, hitting C$8.54. The stock had a trading volume of 2,497,100 shares, compared to its average volume of 3,030,000. The company has a market cap of $6,220.00, a P/E ratio of 13.14 and a beta of 1.39. Lundin Mining Co. has a 52-week low of C$6.62 and a 52-week high of C$10.22.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 11th. Stockholders of record on Friday, March 23rd will be given a dividend of $0.03 per share. The ex-dividend date is Thursday, March 22nd. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.41%. Lundin Mining’s dividend payout ratio is currently 14.13%.
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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