New Buy Rating for Lundin Mining (LUNMF), the Basic Materials Giant
In a report released today, Ralph M. Profiti from Stifel Nicolaus maintained a Buy rating on Lundin Mining, with a price target of C$26.00.
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M. Profiti covers the Basic Materials sector, focusing on stocks such as Ivanhoe Mines, Barrick Mining, and Freeport-McMoRan. According to TipRanks, M. Profiti has an average return of 39.1% and a 74.17% success rate on recommended stocks.
In addition to Stifel Nicolaus, Lundin Mining also received a Buy from TipRanks – OpenAI’s OpenAI Copper in a report issued today. However, on January 14, Raymond James maintained a Hold rating on Lundin Mining (Other OTC: LUNMF).
LUNMF market cap is currently C$30.39B and has a P/E ratio of 760.79.
Based on the recent corporate insider activity of 17 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of LUNMF in relation to earlier this year.
Read More on LUNMF:
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- Lundin Mining Hits 2025 Production Targets and Lifts Copper Outlook Through 2028
- Lundin Mining price target raised to C$30 from C$20 at Raymond James
- Lundin Mining Finalizes Eagle Mine Sale, Refocuses as Pure-Play Copper Producer
- Lundin Mining price target raised to SEK 200 from SEK 171 at JPMorgan
- Lundin Mining Cuts Share Count After Completing US$150 Million 2025 Buyback
