National Bank Raises Lundin Mining Price Target to $14 Lundin Mining (TSE:LUN) had its price target lifted by equities research analysts at National Bankshares from C$12.25 to C$14.00 in a research note issued on Friday, BayStreet.CA reports. National Bankshares’ price target suggests a potential upside of 10.24% from the stock’s previous close.
Haywood Securities increased their price objective on Lundin Mining from C$13.00 to C$15.00 and gave the stock a “buy” rating.
Lundin Mining has a 1-year low of C$8.56 and a 1-year high of C$16.07. The business’s 50-day moving average price is C$12.14 and its two-hundred day moving average price is C$10.87. The firm has a market cap of C$9.37 billion and a PE ratio of 9.57. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.60 and a current ratio of 1.94.
Lundin Mining (TSE:LUN – Get Rating) last released its quarterly earnings data on Thursday, February 17th. The mining company reported C$0.48 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of C$0.41 by C$0.07. The business had revenue of C$1.28 billion for the quarter. As a group, sell-side analysts expect that Lundin Mining will post 11.1899989 EPS for the current year.
About Lundin Mining
Lundin Mining Corporation, a diversified base metals mining company, engages in the exploration, development, and mining of mineral properties in Brazil, Chile, Portugal, Sweden, and the United States. It primarily produces copper, zinc, nickel, and gold, as well as lead, silver, and other metals. The company holds 100% interests in the Chapada mine located in Brazil; the Neves-Corvo mine located in Portugal; the Eagle mine located in the United States; and the Zinkgruvan mine located in Sweden.