Lundin Mining (OTCMKTS:LUNMF) Upgraded at Cormark

Cormark upgraded shares of Lundin Mining (OTCMKTS:LUNMF) from a hold rating to a moderate buy rating in a research note issued to investors on Monday morning,Zacks.com reports.

LUNMF has been the topic of a number of other reports. Haywood Securities downgraded shares of Lundin Mining from a “strong-buy” rating to a “hold” rating in a research note on Friday, September 12th. TD Securities reissued a “buy” rating on shares of Lundin Mining in a report on Wednesday, September 10th. Citigroup assumed coverage on shares of Lundin Mining in a research report on Monday, December 15th. They set a “buy” rating on the stock. CIBC reiterated a “neutral” rating on shares of Lundin Mining in a research report on Friday, December 12th. Finally, Scotiabank reissued an “outperform” rating on shares of Lundin Mining in a research note on Tuesday, October 28th. Four investment analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and five have given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

Lundin Mining Trading Down 1.2%

Lundin Mining stock opened at $21.36 on Monday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.96 and a current ratio of 1.51. Lundin Mining has a fifty-two week low of $6.30 and a fifty-two week high of $21.80. The stock has a market cap of $18.28 billion, a P/E ratio of 534.00, a PEG ratio of 0.77 and a beta of 1.26. The firm’s fifty day moving average price is $17.88 and its 200-day moving average price is $13.79.

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.