Lundin Mining Corp. (OTCMKTS:LUNMF) Receives Average Rating of "Buy" from Brokerages

Lundin Mining Corp. (OTCMKTS:LUNMF - Get Free Report) has earned a consensus rating of "Buy" from the ten analysts that are currently covering the firm, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and four have assigned a strong buy rating to the company.

Several research firms have weighed in on LUNMF. Haywood Securities lowered Lundin Mining from a "strong-buy" rating to a "hold" rating in a research note on Friday, September 12th. Dnb Nor Markets raised Lundin Mining to a "hold" rating in a research note on Tuesday, June 17th. Raymond James Financial raised Lundin Mining to a "hold" rating in a research note on Monday, June 30th. Finally, TD Securities reissued a "buy" rating on shares of Lundin Mining in a research note on Wednesday, September 10th.

Lundin Mining Trading Down 2.2%

Shares of LUNMF opened at $15.19 on Friday. The company has a quick ratio of 0.90, a current ratio of 1.45 and a debt-to-equity ratio of 0.06. Lundin Mining has a 12-month low of $6.30 and a 12-month high of $15.80. The firm has a market capitalization of $13.01 billion, a PE ratio of -759.30, a price-to-earnings-growth ratio of 0.72 and a beta of 1.37. The stock's fifty day simple moving average is $12.26 and its 200-day simple moving average is $10.28.

Lundin Mining Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, September 24th. Shareholders of record on Monday, September 8th were paid a $0.02 dividend. The ex-dividend date of this dividend was Friday, September 5th. This is a positive change from Lundin Mining's previous dividend of $0.02. This represents a yield of 69.0%. Lundin Mining's payout ratio is currently -400.00%.

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.

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