Lundin Mining (TSE:LUN) had its price objective hoisted by CSFB from C$8.75 to C$11.50 in a research note released on Monday. CSFB currently has a neutral rating on the mining company’s stock.
A number of other equities analysts have also commented on the stock. Berenberg Bank boosted their price target on shares of Lundin Mining from C$10.00 to C$10.25 in a research report on Thursday, October 26th. CIBC dropped their price target on shares of Lundin Mining from C$12.00 to C$10.00 in a research note on Friday. Eight Capital dropped their price target on shares of Lundin Mining from C$12.00 to C$11.00 in a research note on Friday. Scotiabank reissued a focus stock rating and set a C$10.50 price target on shares of Lundin Mining in a research note on Thursday, October 26th. Finally, Canaccord Genuity cut shares of Lundin Mining from a buy rating to a hold rating and decreased their price objective for the company from C$10.50 to C$9.00 in a 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 stock. The stock presently has an average rating of Hold and an average target price of C$10.20.
Shares of Lundin Mining (TSE:LUN) traded down C$0.16 on Monday, reaching C$7.06. 7,195,371 shares of the company traded hands, compared to its average volume of 3,022,876. Lundin Mining has a 12-month low of C$6.30 and a 12-month high of C$10.22.
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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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