Lundin Mining (TSE:LUN) had its target price raised to $9.00 by Scotia Capital in a report released Friday January 13, 2017. The new target price indicates a possible upside of 0.10% based on the company's last closing price.
Previously on 12/16/2016, TD Securities reported on Lundin Mining (TSE:LUN) raised the target price from $7.50 to $9.50. At the time, this indicated a possible upside of 0.39%.
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Lundin Mining has a 52 week low of $2.98 and a 52 week high of $7.96 The company’s market cap is currently $0.
In addition to Scotia Capital reporting its target price, a total of 20 firms have reported on the stock. The consensus target price is $6.15 with 5 firms rating the stock a strong buy, 10 firms rating the stock a buy, 6 firms rating the stock a hold, 1 firm rating the stock a underperform, and finally 0 firms rating the stock a sell.
About Lundin Mining (TSE:LUN)
Lundin Mining Corporation is a Canadian base metals mining company with operations in Chile, Portugal, Sweden and the United States. The Company holds equity stake in the Tenke Fungurume Mine in the Democratic Republic of Congo (DRC) and in the Freeport Cobalt business, which includes a cobalt refinery located in Kokkola, Finland. Its principal products and sources of sales are copper, nickel, zinc and lead concentrates. Its operating properties include Candelaria, Eagle, Neves-Corvo, Zinkgruvan and Tenke Fungurume. The Company's other property include Aguablanca Mine. Compania Contractual Minera Candelaria and Compania Contractual Minera Ojos del Salado (CCMO), collectively Candelaria, are located near Copiapo in the Atacama Province, Region III of Chile. The Eagle Mine consists of the Eagle underground mine, located approximately 50 kilometers northwest of Marquette, Michigan, United States and the Humboldt mill, located over 40 kilometers west of Marquette in Champion, Michigan.
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