ValuEngine upgraded shares of Lundin Mining (OTCMKTS:LUNMF) from a hold rating to a buy rating in a research note released on Friday.
Several other equities research analysts also recently commented on LUNMF. Zacks Investment Research raised shares of Lundin Mining from a hold rating to a strong-buy rating and set a $9.00 price objective on the stock in a report on Wednesday, November 8th. BMO Capital Markets downgraded shares of Lundin Mining from an outperform rating to a market perform rating in a report on Friday, December 1st.
Shares of Lundin Mining (OTCMKTS:LUNMF) opened at $6.82 on Friday. The company has a market cap of $4,980.00, a PE ratio of 13.37 and a beta of 1.71. Lundin Mining has a fifty-two week low of $4.81 and a fifty-two week high of $8.09. The company has a current ratio of 5.44, a quick ratio of 5.12 and a debt-to-equity ratio of 0.25.
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 11th. Shareholders of record on Friday, March 23rd will be issued a dividend of $0.024 per share. The ex-dividend date is Thursday, March 22nd. This is an increase from Lundin Mining’s previous quarterly dividend of $0.02. This represents a $0.10 annualized dividend and a yield of 1.41%. Lundin Mining’s dividend payout ratio is 17.65%.
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About Lundin Mining
Lundin Mining Corporation is a diversified base metals mining company. The Company is engaged in mining, exploration and development of mineral properties, primarily in Chile, the United States, Portugal, Sweden and the Democratic Republic of Congo (DRC). Its segments include Candeleria, Eagle, Neves-Corvo, Zinkgruvan, Tenke Fungurume and Other.
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