ValuEngine Lowers Lonmin (OTCMKTS:LNMIY) to Sell

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

LNMIY has been the subject of several other research reports. Investec started coverage on Lonmin in a research report on Tuesday, October 24th. They issued a “sell” rating for the company. BMO Capital Markets raised Lonmin from an “underperform” rating to a “market perform” rating in a report on Friday, December 15th. Two equities research analysts have rated the stock with a sell rating and three have issued a hold rating to the company’s stock. The company currently has a consensus rating of “Hold”.

Lonmin (OTCMKTS LNMIY) opened at $1.12 on Friday. Lonmin has a 12-month low of $0.79 and a 12-month 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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