Lundin Mining (LUNMF) Cut to “Hold” at ValuEngine

Lundin Mining (OTCMKTS:LUNMF) was lowered by equities researchers at ValuEngine from a “buy” recommendation to a “hold” recommendation in a study released to clients on early Wed, Jul 12th.

Lundin Mining Company Profile

Stocks of Lundin Mining (OTCMKTS:LUNMF) declined 1.71% through out intraday market trading on early Wed, reaching $6.88. 65,708 stocks of the company transacted hands. Lundin Mining has a 52 week low of $3.72 and a 52 week high of $7.45. The corporation has a valuation of $5.00 B, a PE book ratio of 15.89 along with a stock beta of 1.76. The stock’s 50 day SMA is $6.33 and its 200 day SMA is $5.86.

Lundin Mining Corporation is a diversified base metals mining company. The corporation 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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