Lundin Mining (TSE:LUN) Price Target Raised to C$26.00 at TD Securities

Lundin Mining (TSE:LUN) had its target price increased by TD Securities from C$19.00 to C$26.00 in a report released on Tuesday morning,BayStreet.CA reports.

LUN has been the subject of several other reports. Raymond James Financial raised their target price on shares of Lundin Mining from C$15.00 to C$16.00 in a report on Thursday, August 21st. Haywood Securities downgraded shares of Lundin Mining from a “strong-buy” rating to a “hold” rating in a report on Friday, September 12th. National Bankshares raised their target price on shares of Lundin Mining from C$20.00 to C$25.00 and gave the company an “outperform” rating in a report on Wednesday, October 8th. Scotiabank raised their target price on shares of Lundin Mining from C$17.00 to C$23.00 and gave the company an “outperform” rating in a report on Tuesday, October 14th. Finally, Royal Bank Of Canada raised their target price on shares of Lundin Mining from C$16.00 to C$18.00 in a report on Wednesday, September 10th. Three equities research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of C$20.05.

Lundin Mining Stock Down 5.3%

Shares of TSE LUN opened at C$20.72 on Tuesday. The company has a quick ratio of 0.90, a current ratio of 1.40 and a debt-to-equity ratio of 41.58. Lundin Mining has a 52 week low of C$8.94 and a 52 week high of C$22.20. The firm has a 50-day moving average price of C$18.02 and a 200 day moving average price of C$14.78. The stock has a market capitalization of C$17.75 billion, a price-to-earnings ratio of -690.67, a price-to-earnings-growth ratio of -0.26 and a beta of 1.85.

Lundin Mining Company Profile

Lundin Mining Corp is a diversified Canadian base metals mining company with operations in Brazil Chile Portugal Sweden and the United States of America producing copper zinc gold and nickel. Its material mineral properties include Candelaria Chapada Eagle and Neves-Corvo.