ValuEngine downgraded shares of Lundin Mining (OTCMKTS:LUNMF) from a hold rating to a sell rating in a research report released on Tuesday, ValuEngine reports.

LUNMF has been the topic of several other reports. Morgan Stanley set a $196.00 target price on shares of Alibaba Group and gave the stock a buy rating in a report on Tuesday, March 26th. Raymond James set a $33.00 target price on shares of LKQ and gave the stock a buy rating in a report on Friday, April 26th. JPMorgan Chase & Co. reiterated an overweight rating and issued a GBX 280 ($3.66) target price on shares of in a report on Wednesday, June 19th. Finally, BMO Capital Markets increased their target price on shares of Sun Life Financial from C$58.00 to C$60.00 in a report on Friday, May 10th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and six have given a buy rating to the company. The company currently has an average rating of Hold.

Shares of OTCMKTS LUNMF opened at $5.44 on Tuesday. The firm has a 50 day simple moving average of $5.02. Lundin Mining has a fifty-two week low of $3.60 and a fifty-two week high of $5.94. The firm has a market capitalization of $3.92 billion, a price-to-earnings ratio of 23.39 and a beta of 1.99. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.03 and a quick ratio of 2.63.

Lundin Mining (OTCMKTS:LUNMF) last announced its quarterly earnings data on Wednesday, April 24th. The basic materials company reported $0.07 earnings per share for the quarter. Lundin Mining had a net margin of 9.95% and a return on equity of 3.96%. The business had revenue of $416.40 million for the quarter.

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 19th. Shareholders of record on Friday, May 31st were issued a $0.022 dividend. The ex-dividend date was Thursday, May 30th. This represents a $0.09 annualized dividend and a yield of 1.62%.

About Lundin Mining

Lundin Mining Corporation, a diversified base metals mining company, engages in the exploration, development, and mining of mineral properties in Chile, the United States, Portugal, and Sweden. It primarily produces copper, zinc, and nickel, as well as gold, lead, silver, and other metals. The company holds 100% interest in the Eagle mine located in the United States; the Neves-Corvo mine located in Portugal; and the Zinkgruvan mine located in Sweden, as well as 80% interest in Candelaria and Ojos del Salado mining complex; and 24% interest the Freeport Cobalt Oy business, which includes a cobalt refinery located in Kokkola, Finland.

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Analyst Recommendations for Lundin Mining (OTCMKTS:LUNMF)

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