Lundin Mining Corp. (OTCMKTS:LUNMF) Plans Dividend of $0.02

Key Points

• Lundin Mining Corp. has declared a dividend increase of $0.02 per share, representing a 1.0% hike from its previous dividend.
• The dividend payment will be made on September 24th to shareholders of record as of September 8th, with the ex-dividend date set for September 5th.
• The stock has received a consensus rating of "Buy" from analysts, with five showing a Strong Buy rating and three assigning a Hold rating.

Lundin Mining Corp. (OTCMKTS:LUNMF - Get Free Report) announced a dividend on Wednesday, September 3rd, investing.com reports. Shareholders of record on Monday, September 8th will be given a dividend of 0.02 per share by the basic materials company on Wednesday, September 24th. This represents a yield of 69.0%. The ex-dividend date is Friday, September 5th. This is a 1.0% increase from Lundin Mining's previous dividend of $0.02.

Lundin Mining Price Performance

LUNMF stock traded up $0.32 during mid-day trading on Friday, reaching $11.96. The company's stock had a trading volume of 94,309 shares, compared to its average volume of 176,295. The stock has a market cap of $10.24 billion, a PE ratio of -598.00, a P/E/G ratio of 0.78 and a beta of 1.35. The company has a current ratio of 1.45, a quick ratio of 0.90 and a debt-to-equity ratio of 0.06. Lundin Mining has a fifty-two week low of $6.30 and a fifty-two week high of $12.12. The company's 50 day moving average is $10.80 and its two-hundred day moving average is $9.49.

Lundin Mining Company Profile

Lundin Mining Corporation, a diversified base metals mining company, engages in the exploration, development, and mining of mineral properties in Chile, Brazil, the United States, Portugal, Sweden, and Argentina. It primarily produces copper, zinc, gold, nickel, and molybdenum, as well as lead, silver, and other metals.