Lundin Mining Co. (TSE:LUN) Senior Officer Stephen Trelawney Gatley purchased 66,660 shares of the stock in a transaction on Monday, February 22nd. The shares were purchased at an average cost of C$8.17 per share, with a total value of C$544,612.20. Following the transaction, the insider now owns 164,660 shares of the company’s stock, valued at approximately C$1,345,272.20.
Stephen Trelawney Gatley also recently made the following trade(s):
- On Friday, December 4th, Stephen Trelawney Gatley purchased 33,330 shares of Lundin Mining stock. The shares were purchased at an average cost of C$8.17 per share, with a total value of C$272,306.10.
LUN traded down C$0.14 on Tuesday, reaching C$14.87. The company’s stock had a trading volume of 346,692 shares, compared to its average volume of 2,094,577. The stock has a market cap of C$10.94 billion and a price-to-earnings ratio of 65.26. Lundin Mining Co. has a 1 year low of C$4.08 and a 1 year high of C$15.42. The company has a debt-to-equity ratio of 4.52, a current ratio of 1.43 and a quick ratio of 0.90. The business’s 50 day moving average is C$12.34 and its 200 day moving average is C$9.62.
Several equities research analysts have recently weighed in on the company. CIBC upped their target price on Lundin Mining to C$12.50 and gave the stock a “neutral” rating in a research report on Friday, January 22nd. Canaccord Genuity upped their target price on Lundin Mining from C$13.00 to C$15.00 and gave the stock a “hold” rating in a research report on Monday. JPMorgan Chase & Co. upped their target price on Lundin Mining from C$9.00 to C$12.70 in a research report on Thursday, January 14th. TD Securities upped their target price on Lundin Mining from C$12.00 to C$13.50 and gave the stock a “hold” rating in a research report on Monday. Finally, Raymond James reaffirmed a “market perform” rating and issued a C$12.00 target price on shares of Lundin Mining in a research report on Monday. Nine research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of C$13.36.
About Lundin Mining
Lundin Mining Corporation, a diversified base metals mining company, engages in the exploration, development, and mining of mineral properties in Chile, Brazil, the United States, Portugal, and Sweden. 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 Eagle mine located in the United States; the Neves-Corvo mine located in Portugal; and the Zinkgruvan mine located in Sweden.
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