Lonmin (OTCMKTS:LNMIY) was downgraded by ValuEngine from a “hold” rating to a “sell” rating in a report released on Sunday.
Several other analysts also recently commented on the stock. BMO Capital Markets upgraded shares of Lonmin from an “underperform” rating to a “market perform” rating in a research report on Friday, December 15th. Investec reissued a “sell” rating on shares of Lonmin in a research note on Tuesday, October 24th. Two investment analysts have rated the stock with a sell rating and three have given a hold rating to the company’s stock. The stock has a consensus rating of “Hold”.
Shares of Lonmin (OTCMKTS:LNMIY) traded up $0.03 during trading hours on Friday, hitting $1.17. 6,398 shares of the stock traded hands, compared to its average volume of 5,433. Lonmin has a twelve month low of $0.79 and a twelve month high of $2.39.
Lonmin Plc is a producer of platinum group metals (PGMs). The Company is engaged in the discovery, extraction, refining and marketing of PGMs. The Company’s segments include PGM Operations, Evaluation, Exploration and Other. Its geographical segments include The Americas, Asia, Europe and South Africa.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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