ValuEngine Downgrades Lonmin (OTCMKTS:LNMIY) to Sell

Lonmin (OTCMKTS:LNMIY) was downgraded by equities research analysts at ValuEngine from a “hold” rating to a “sell” rating in a note issued to investors on Sunday, December 31st.

LNMIY has been the topic of a number of other reports. Investec began coverage on shares of Lonmin in a report on Tuesday, October 24th. They set a “sell” rating on the stock. BMO Capital Markets upgraded shares of Lonmin from an “underperform” rating to a “market perform” rating in a report on Friday, December 15th. Two investment analysts have rated the stock with a sell rating and three have assigned a hold rating to the company’s stock. Lonmin currently has a consensus rating of “Hold”.

Shares of Lonmin (OTCMKTS:LNMIY) opened at $1.11 on Friday. Lonmin has a fifty-two week low of $0.79 and a fifty-two week high of $2.39.

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About Lonmin

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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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