Investec Reaffirms Sell Rating for Lonmin PLC (OTC:LNMIY)

Lonmin PLC (OTC:LNMIY)‘s stock had its “sell” rating reiterated by equities research analysts at Investec in a research note issued to investors on Tuesday, October 24th, StockTargetPrices.com reports.

Separately, Goldman Sachs Group, Inc. (The) raised Lonmin PLC from a “sell” rating to a “neutral” rating in a research note on Friday, June 30th.

Shares of Lonmin PLC (OTC:LNMIY) traded down $0.08 during midday trading on Tuesday, hitting $0.82. The company had a trading volume of 95,537 shares, compared to its average volume of 7,148. The company has a quick ratio of 2.28, a current ratio of 4.09 and a debt-to-equity ratio of 0.12. Lonmin PLC has a 1 year low of $0.81 and a 1 year high of $2.74.

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Lonmin PLC Company Profile

Lonmin Plc is a producer of platinum group metals (PGMs). The Company is engaged in the discovery, extraction, refining and marketing of PGMs. The Company’s segments include PGM Operations, Evaluation, Exploration and Other. Its geographical segments include The Americas, Asia, Europe and South Africa.

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