Lonmin (LNMIY) Upgraded by BMO Capital Markets to Market Perform
Separately, Investec reissued a sell rating on shares of Lonmin in a research note on Tuesday, October 24th. Two investment analysts have rated the stock with a sell rating and three have given a hold rating to the company’s stock. The stock currently has a consensus rating of Hold.
Lonmin (OTCMKTS:LNMIY) traded up $0.19 on Friday, reaching $1.19. 16,629 shares of the company’s stock were exchanged, compared to its average volume of 5,798. Lonmin has a one year low of $0.79 and a one year high of $2.39. The company has a debt-to-equity ratio of 0.12, a current ratio of 4.09 and a quick ratio of 2.28.
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Lonmin Plc is a producer of platinum group metals (PGMs). The Company is engaged in the discovery, extraction, refining and marketing of PGMs. The Company’s segments include PGM Operations, Evaluation, Exploration and Other. Its geographical segments include The Americas, Asia, Europe and South Africa.
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