Lundin Mining Co. (LUN) Insider Jonas Peter Haddoc Richardson Sells 8,320 Shares of Stock
Lundin Mining Co. (TSE:LUN) insider Jonas Peter Haddoc Richardson sold 8,320 shares of the company’s stock in a transaction dated Tuesday, November 13th. The stock was sold at an average price of C$5.49, for a total value of C$45,676.80.
Shares of LUN traded up C$0.24 during midday trading on Thursday, reaching C$5.76. The stock had a trading volume of 1,760,803 shares, compared to its average volume of 2,398,977. Lundin Mining Co. has a 12-month low of C$4.70 and a 12-month high of C$9.82. The company has a current ratio of 4.37, a quick ratio of 3.82 and a debt-to-equity ratio of 10.33.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 19th. Stockholders of record on Friday, December 7th will be issued a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a dividend yield of 2.08%. The ex-dividend date of this dividend is Thursday, December 6th. Lundin Mining’s payout ratio is currently 22.66%.
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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, the United States, Portugal, and Sweden. It primarily produces copper, zinc, and nickel, as well as gold, lead, silver, and other metals. The company holds 100% interest in the Eagle mine located in the United States; the Neves-Corvo mine located in Portugal; and the Zinkgruvan mine located in Sweden, as well as 80% interest in Candelaria and Ojos del Salado mining complex; and 24% interest the Freeport Cobalt Oy business, which includes a cobalt refinery located in Kokkola, Finland.
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