Lundin Mining Corp. (OTCMKTS:LUNMF) Given Average Rating of “Moderate Buy” by Brokerages

Lundin Mining Corp. (OTCMKTS:LUNMF) has been given an average rating of “Moderate Buy” by the thirteen ratings firms that are covering the firm, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a hold recommendation, four have given a buy recommendation and four have given a strong buy recommendation to the company.

A number of analysts have recently issued reports on the stock. Scotiabank reaffirmed an “outperform” rating on shares of Lundin Mining in a report on Tuesday, October 28th. Wall Street Zen cut shares of Lundin Mining from a “buy” rating to a “hold” rating in a report on Monday, November 3rd. Citigroup began coverage on shares of Lundin Mining in a research report on Monday, December 15th. They issued a “buy” rating for the company. CIBC reiterated a “neutral” rating on shares of Lundin Mining in a research note on Friday, December 12th. Finally, Cormark raised Lundin Mining from a “hold” rating to a “moderate buy” rating in a report on Monday, December 22nd.

Lundin Mining Stock Up 2.1%

Lundin Mining stock opened at $25.72 on Friday. Lundin Mining has a 12 month low of $6.30 and a 12 month high of $25.72. The stock has a fifty day simple moving average of $20.56 and a two-hundred day simple moving average of $15.51. The company has a current ratio of 1.51, a quick ratio of 0.96 and a debt-to-equity ratio of 0.05. The firm has a market cap of $21.97 billion, a price-to-earnings ratio of 643.00, a PEG ratio of 0.56 and a beta of 1.23.

Lundin Mining Company Profile

Lundin Mining Corporation is a Canada-based diversified base metals mining company engaged in the acquisition, exploration, development, and operation of mines. The company’s portfolio encompasses copper, nickel, zinc, and lead, with by-products including gold and silver. Through its technical expertise and focus on cost-effective operations, Lundin Mining aims to maximize long-term value while meeting industry standards for safety and environmental stewardship.

Operationally, Lundin Mining holds interests in several producing assets across the Americas and Europe.