Lundin Mining Corp. (OTCMKTS:LUNMF) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Lundin Mining Corp. (OTCMKTS:LUNMF) have received a consensus recommendation of “Moderate Buy” from the fourteen brokerages that are currently covering the stock, Marketbeat Ratings reports. Six research analysts have rated the stock with a hold recommendation, four have issued a buy recommendation and four have issued a strong buy recommendation on the company.

A number of analysts have recently issued reports on LUNMF shares. Scotiabank restated an “outperform” rating on shares of Lundin Mining in a report on Monday, January 26th. Cormark raised Lundin Mining from a “hold” rating to a “moderate buy” rating in a research note on Monday, December 22nd. Citigroup reaffirmed a “buy” rating on shares of Lundin Mining in a research note on Wednesday, February 11th. Canadian Imperial Bank of Commerce reiterated a “neutral” rating on shares of Lundin Mining in a report on Wednesday, February 4th. Finally, National Bank Financial cut shares of Lundin Mining from an “outperform” rating to a “sector perform” rating in a report on Monday.

Lundin Mining Stock Down 1.0%

LUNMF stock opened at $25.53 on Thursday. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.51 and a quick ratio of 0.96. The firm has a market capitalization of $21.81 billion, a P/E ratio of 638.25, a P/E/G ratio of 0.52 and a beta of 1.24. Lundin Mining has a 52-week low of $6.30 and a 52-week high of $28.65. The company’s 50 day simple moving average is $23.33 and its 200-day simple moving average is $17.55.

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.