Lonmin (LON:LMI) had its target price lifted by Barclays from GBX 55 ($0.72) to GBX 75 ($0.98) in a research report released on Friday morning, ThisIsMoney.Co.Uk reports. They currently have an underweight rating on the mining company’s stock.

Shares of Lonmin stock opened at GBX 69 ($0.90) on Friday. The company has a quick ratio of 0.87, a current ratio of 1.68 and a debt-to-equity ratio of 32.82. The company has a market cap of $195.10 million and a P/E ratio of 4.66. Lonmin has a 52 week low of GBX 36 ($0.47) and a 52 week high of GBX 85.60 ($1.12).

Lonmin Company Profile

Lonmin Plc explores, mines, refines, and markets platinum group metals in South Africa, the Americas, Asia, and Europe. The company explores for platinum, palladium, rhodium, iridium, ruthenium, and gold, as well as chrome, nickel, copper, and cobalt deposits. Its flagship property is the Marikana mine located on the Western Limb of the Bushveld igneous complex in South Africa.

Featured Article: Bear Market – How and Why They Occur

Analyst Recommendations for Lonmin (LON:LMI)

Receive News & Ratings for Lonmin Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lonmin and related companies with MarketBeat.com's FREE daily email newsletter.