Lundin Mining Co. (TSE:LUN)‘s stock had its “focus stock” rating reiterated by research analysts at Scotiabank in a research note issued on Thursday. They presently have a C$6.25 target price on the mining company’s stock. Scotiabank’s price objective would suggest a potential upside of 20.42% from the stock’s current price.
Several other analysts also recently issued reports on LUN. Berenberg Bank upped their price target on Lundin Mining from C$4.50 to C$5.00 and gave the stock a “hold” rating in a research note on Tuesday, August 2nd. Goldman Sachs Group Inc. upped their price target on Lundin Mining from C$3.80 to C$4.50 in a research note on Tuesday, July 12th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Lundin Mining in a research note on Friday, September 2nd. CIBC increased their target price on Lundin Mining from C$5.50 to C$6.00 in a research note on Thursday, July 28th. Finally, CSFB increased their target price on Lundin Mining from C$6.00 to C$6.50 in a research note on Thursday, July 28th. One research analyst has rated the stock with a sell rating, six have issued a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company’s stock. Lundin Mining presently has an average rating of “Buy” and an average price target of C$5.93.
Lundin Mining (TSE:LUN) opened at 5.19 on Thursday. The firm’s market cap is $3.74 billion. The company’s 50-day moving average price is $5.22 and its 200-day moving average price is $4.69. Lundin Mining has a 52-week low of $2.98 and a 52-week high of $5.78.
About Lundin Mining
Lundin Mining Corporation is a Canadian base metals mining company with operations in Chile, Portugal, Sweden and the United States. The Company holds equity stake in the Tenke Fungurume Mine in the Democratic Republic of Congo (DRC) and in the Freeport Cobalt business, which includes a cobalt refinery located in Kokkola, Finland.
Receive News & Ratings for Lundin Mining Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lundin Mining Co. and related companies with MarketBeat.com's FREE daily email newsletter.