Lonmin Plc (NASDAQ:LNMIY)‘s stock had its “sell” rating restated by stock analysts at Deutsche Bank AG in a research report issued to clients and investors on Tuesday.
Separately, Zacks Investment Research cut Lonmin Plc from a “buy” rating to a “hold” rating in a research note on Wednesday, July 6th.
Lonmin Plc (NASDAQ:LNMIY) traded down 7.64% during mid-day trading on Tuesday, reaching $2.54. The company’s stock had a trading volume of 2,055 shares. The firm’s market cap is $551.69 million. Lonmin Plc has a one year low of $0.55 and a one year high of $90.00. The stock’s 50 day moving average is $2.82 and its 200 day moving average is $2.69.
About Lonmin Plc
Lonmin PLC is a producer of platinum group metals (PGMs). The Company explores, mines, refines and markets PGMs, including platinum, palladium, rhodium, iridium, ruthenium and gold. The Company’s segments include PGM Operations, Evaluation and Exploration. The PGM Operations segment consists of the operational mines and processing facilities, which are located in South Africa.
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