BMO Capital Markets Lowers Lundin Mining (LUNMF) to Market Perform

BMO Capital Markets downgraded shares of Lundin Mining (OTCMKTS:LUNMF) from an outperform rating to a market perform rating in a research note released on Friday morning.

LUNMF has been the subject of several other reports. Zacks Investment Research raised shares of Lundin Mining from a hold rating to a buy rating and set a $8.00 target price for the company in a research report on Tuesday, September 19th. ValuEngine cut shares of Lundin Mining from a strong-buy rating to a buy rating in a research report on Wednesday, November 29th.

Shares of Lundin Mining (LUNMF) opened at $5.57 on Friday. Lundin Mining has a 12-month low of $4.70 and a 12-month high of $8.09. The company has a debt-to-equity ratio of 0.26, a current ratio of 6.29 and a quick ratio of 5.89. The company has a market cap of $4,161.72, a PE ratio of 11.44 and a beta of 1.64.

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About Lundin Mining

Lundin Mining Corporation is a diversified base metals mining company. The Company is engaged in mining, exploration and development of mineral properties, primarily in Chile, the United States, Portugal, Sweden and the Democratic Republic of Congo (DRC). Its segments include Candeleria, Eagle, Neves-Corvo, Zinkgruvan, Tenke Fungurume and Other.

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