Lundin Mining Co. (LUNMF) will issue a $0.06 dividend on September 11th

Lundin Mining Co. (OTCMKTS:LUNMF – Get Free Report) declared a dividend on Saturday, August 24th, investing.com reports. Stockholders of record on Monday, September 2nd will be given a dividend of 0.065 per share by the basic materials company on Wednesday, September 11th. This represents a yield of 2.6%. The ex-dividend date is Friday, August 30.

Lundin Mining Stock Performance

LUNMF opened at $10.36 on Monday. The company has a quick ratio of 1.04, a current ratio of 1.57, and a debt-to-equity ratio of 0.22. The stock has a market cap of $8.05 billion, a price-to-earnings ratio of 69.07, a PEG ratio of 0.23 and a beta of 1.49. Lundin Mining has a 12 month low of $5.91 and a 12 month high of $13.26. The company has a 50-day moving average of $10.40 and a 200-day moving average of $10.43.

Lundin Mining (OTCMKTS:LUNMF – Get Your Free Report ) last released its quarterly earnings data on Tuesday, July 30th. The basic materials company reported $0.16 EPS for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.02). The company had revenue of $1.08 billion for the quarter. Lundin Mining had a return on equity of 5.19% and a net margin of 4.21%. On average, equities research analysts expect that Lundin Mining will post 0.87 earnings per share for the current year.

Changes in Analyst Ratings

Separately, Scotiabank upgraded Lundin Mining to a “hold” rating in a report on Monday, July 15th. One research analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $11.83, based on data from MarketBeat.

Check out our latest report on Lundin mining

Lundin Mining Company Profile

(Get a free report)

Lundin Mining Corporation, a diversified base metals company, is engaged in the exploration, development and operation of mineral properties in Chile, Brazil, the United States of America, Portugal, Sweden and Argentina. It mainly produces copper, zinc, gold, nickel and molybdenum, as well as lead, silver and other metals.

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