Lundin Mining Co. (TSE:LUN - Get Free Report) Director Jack Oliver Lundin purchased 20,000 shares of Lundin Mining stock in a transaction that occurred on Thursday, May 22nd. The shares were purchased at an average cost of C$12.65 per share, with a total value of C$252,934.00.
Lundin Mining Stock Performance
Shares of LUN traded down C$0.24 during trading hours on Wednesday, hitting C$13.20. The stock had a trading volume of 388,289 shares, compared to its average volume of 2,636,176. The company has a debt-to-equity ratio of 41.58, a quick ratio of 0.90 and a current ratio of 1.40. Lundin Mining Co. has a fifty-two week low of C$8.94 and a fifty-two week high of C$16.73. The firm has a 50-day moving average price of C$11.59 and a 200 day moving average price of C$12.28. The firm has a market capitalization of C$8.07 billion, a price-to-earnings ratio of 26.20, a PEG ratio of -0.26 and a beta of 1.66.
Wall Street Analyst Weigh In
Several equities research analysts recently commented on LUN shares. The Goldman Sachs Group set a C$16.60 price objective on Lundin Mining and gave the stock a "buy" rating in a report on Thursday, March 6th. Canaccord Genuity Group raised Lundin Mining from a "hold" rating to a "strong-buy" rating in a report on Wednesday, April 16th. Stifel Canada raised Lundin Mining to a "strong-buy" rating in a research report on Wednesday, March 19th. Stifel Nicolaus reduced their price target on shares of Lundin Mining from C$17.50 to C$16.00 and set a "buy" rating for the company in a research report on Thursday, January 30th. Finally, National Bankshares decreased their target price on Lundin Mining from C$17.50 to C$15.50 and set an "outperform" rating on the stock in a report on Wednesday, April 16th. Four research analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of C$15.65.
Check Out Our Latest Analysis on LUN
About Lundin Mining
(
Get Free Report)
Lundin Mining Corp is a diversified Canadian base metals mining company with operations in Brazil Chile Portugal Sweden and the United States of America producing copper zinc gold and nickel. Its material mineral properties include Candelaria Chapada Eagle and Neves-Corvo.
Featured Articles
Before you consider Lundin Mining, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Lundin Mining wasn't on the list.
While Lundin Mining currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
