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Bullboard - Stock Discussion Forum Lundin Mining Corp T.LUN

Alternate Symbol(s):  LUNMF

Lundin Mining Corporation is a diversified Canadian base metals mining company. It has operations and projects in Argentina, Brazil, Chile, Portugal, Sweden and the United States of America, producing copper, zinc, gold and nickel. Its operations include Candelaria, Caserones, Chapada, Eagle, Josemaria Project, Neves-Corvo and Zinkgruvan. The Candelaria Copper Mining Complex comprises two... see more

TSX:LUN - Post Discussion

Lundin Mining Corp > And Another
View:
Post by retiredcf on Apr 21, 2023 9:30am

And Another

In a earnings preview for the mining sector, Barclays analyst Matthew Murphy made a series of target changes to stocks in his coverage universe. His changes are:

  • Agnico Eagle Mines Ltd. ( “overweight”) to US$63 from US$62. The average is US$68.49.
  • Lundin Mining Corp. ( “equalweight”) to $11 from $10. Average: $10.56.
“In Q1 the global economy continued to beat expectations and the supply side faced challenges. We again bump up our medium-term copper and gold prices, but still expect downside from spot. With consolidation taking hold we raise base metal targets and multiples, but retain our preference for gold over base equities,” said Mr. Murphy.
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