Lundin Mining (LUN) Price Target Raised to C$10.00

Lundin Mining (TSE:LUN) had its target price lifted by BMO Capital Markets from C$9.50 to C$10.00 in a research note issued to investors on Monday, December 18th.

LUN has been the subject of several other reports. National Bank Financial increased their price objective on Lundin Mining from C$9.75 to C$11.50 and gave the company a sector perform rating in a research report on Thursday, November 30th. Scotiabank reissued a focus stock rating and issued a C$10.50 price objective on shares of Lundin Mining in a research report on Thursday, October 26th. CIBC reduced their price objective on Lundin Mining from C$7.00 to C$6.00 in a research report on Thursday, December 14th. Royal Bank of Canada cut Lundin Mining from an outperform rating to a sector perform rating and reduced their price objective for the company from C$10.00 to C$8.50 in a research report on Friday, December 1st. Finally, Raymond James Financial increased their price objective on Lundin Mining from C$9.00 to C$10.00 and gave the company a market perform rating in a research report on Thursday, November 30th. Eight equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock has an average rating of Hold and a consensus price target of C$9.30.

Lundin Mining (TSE LUN) traded up C$0.11 on Monday, hitting C$8.80. The stock had a trading volume of 2,830,000 shares, compared to its average volume of 5,870,000. Lundin Mining has a 12 month low of C$6.62 and a 12 month high of C$10.22. The company has a market capitalization of $6,400.00, a PE ratio of 12.94 and a beta of 1.34.

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Lundin Mining Company Profile

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.

Analyst Recommendations for Lundin Mining (TSE:LUN)

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