Lundin Mining Corp. (OTCMKTS:LUNMF) Given Average Rating of “Moderate Buy” by Brokerages

Lundin Mining Corp. (OTCMKTS:LUNMF) has earned an average rating of “Moderate Buy” from the fourteen ratings firms that are presently covering the firm, MarketBeat.com reports. Six analysts have rated the stock with a hold rating, four have issued a buy rating and four have assigned a strong buy rating to the company.

Several equities research analysts recently commented on LUNMF shares. Wall Street Zen cut Lundin Mining from a “buy” rating to a “hold” rating in a research note on Monday, November 3rd. Cormark raised shares of Lundin Mining from a “hold” rating to a “moderate buy” rating in a research report on Monday, December 22nd. National Bank Financial downgraded shares of Lundin Mining from an “outperform” rating to a “hold” rating in a research report on Monday. Scotiabank reissued an “outperform” rating on shares of Lundin Mining in a research note on Monday, January 26th. Finally, Citigroup reaffirmed a “buy” rating on shares of Lundin Mining in a research note on Wednesday, February 11th.

Lundin Mining Price Performance

Shares of OTCMKTS LUNMF opened at $25.82 on Thursday. The company has a market capitalization of $22.06 billion, a PE ratio of 645.50, a P/E/G ratio of 0.51 and a beta of 1.24. The company has a quick ratio of 0.96, a current ratio of 1.51 and a debt-to-equity ratio of 0.05. Lundin Mining has a twelve month low of $6.30 and a twelve month high of $28.65. The firm has a fifty day simple moving average of $23.58 and a 200 day simple moving average of $17.72.

About Lundin Mining

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.