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Lundin Mining (OTC:LUNMF) Hits New 1-Year Low - Should You Sell?

Lundin Mining logo with Basic Materials background

Lundin Mining Corp. (OTC:LUNMF - Get Free Report) hit a new 52-week low during trading on Thursday . The stock traded as low as $6.30 and last traded at $7.35, with a volume of 333199 shares trading hands. The stock had previously closed at $6.41.

Wall Street Analyst Weigh In

Separately, Scotiabank lowered shares of Lundin Mining from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, January 15th.

Read Our Latest Analysis on LUNMF

Lundin Mining Price Performance

The company has a quick ratio of 0.96, a current ratio of 1.40 and a debt-to-equity ratio of 0.28. The firm's 50-day moving average is $8.28. The firm has a market cap of $6.68 billion, a price-to-earnings ratio of -29.67, a price-to-earnings-growth ratio of 0.81 and a beta of 1.39.

About Lundin Mining

(Get Free Report)

LUNDIN MINING CORPORATION is a rapidly growing, diversified base metals mining company with operations in Portugal, Spain, Sweden and Ireland. The Company currently has six mines in operation producing copper, nickel, lead and zinc. In addition, Lundin Mining holds a development project pipeline which includes the world class Tenke Fungurume copper cobalt project in the Democratic Republic of Congo and the Ozernoe zinc project in Russia.

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