Lundin Mining (LUN) Set to Announce Quarterly Earnings on Wednesday
Lundin Mining (TSE:LUN) will issue its quarterly earnings data after the market closes on Wednesday, July 24th. Analysts expect the company to announce earnings of C$0.11 per share for the quarter.
Lundin Mining (TSE:LUN) last announced its earnings results on Wednesday, April 24th. The mining company reported C$0.09 earnings per share (EPS) for the quarter, meeting the consensus estimate of C$0.09. The company had revenue of C$553.63 million for the quarter.
Shares of Lundin Mining stock opened at C$7.03 on Tuesday. Lundin Mining has a 1 year low of C$4.70 and a 1 year high of C$7.96. The company has a market capitalization of $890.98 million and a price-to-earnings ratio of 30.97. The company has a current ratio of 3.03, a quick ratio of 2.42 and a debt-to-equity ratio of 1.79. The company’s 50 day moving average is C$6.89.
In other Lundin Mining news, Senior Officer Marie Inkster sold 134,000 shares of Lundin Mining stock in a transaction that occurred on Monday, April 29th. The shares were sold at an average price of C$7.35, for a total transaction of C$984,900.00. Following the transaction, the insider now directly owns 244,760 shares of the company’s stock, valued at C$1,798,986.
About Lundin Mining
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% interests 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 the Candelaria and Ojos del Salado mining complex located in Chile; and 24% interest in the Freeport Cobalt Oy business, which includes a cobalt refinery located in Kokkola, Finland.
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