Lundin Mining (LUNMF) to Release Quarterly Earnings on Wednesday

Lundin Mining (OTCMKTS:LUNMF) is expected to issue its results after the market closes on Wednesday, February 18th. Analysts expect the company to announce earnings of $0.27 per share and revenue of $1.1771 billion for the quarter.

Lundin Mining Price Performance

Shares of Lundin Mining stock opened at $25.34 on Wednesday. The company has a market cap of $21.65 billion, a PE ratio of 633.50, a P/E/G ratio of 0.57 and a beta of 1.24. The business has a 50 day moving average of $22.76 and a 200 day moving average of $17.11. Lundin Mining has a 52 week low of $6.30 and a 52 week high of $28.65. The company has a quick ratio of 0.96, a current ratio of 1.51 and a debt-to-equity ratio of 0.05.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the stock. Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating on shares of Lundin Mining in a research note on Wednesday, February 4th. Citigroup began coverage on shares of Lundin Mining in a report on Monday, December 15th. They issued a “buy” rating for the company. Scotiabank reiterated an “outperform” rating on shares of Lundin Mining in a report on Monday, January 26th. Raymond James Financial restated a “market perform” rating on shares of Lundin Mining in a research note on Wednesday, January 14th. Finally, Cormark raised Lundin Mining from a “hold” rating to a “moderate buy” rating in a research note on Monday, December 22nd. Four investment analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, Lundin Mining has an average rating of “Moderate Buy”.

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.