RBC Capital Reaffirms Their Hold Rating on Lundin Mining (LUNMF)
RBC Capital analyst Sam Crittenden maintained a Hold rating on Lundin Mining yesterday and set a price target of C$42.00.
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According to TipRanks, Crittenden is a top 100 analyst with an average return of 27.9% and a 65.08% success rate. Crittenden covers the Basic Materials sector, focusing on stocks such as Capstone Copper, Hudbay Minerals, and First Quantum Minerals.
In addition to RBC Capital, Lundin Mining also received a Hold from Deutsche Bank ‘s Liam Fitzpatrick in a report issued on February 24. However, yesterday, Desjardins maintained a Buy rating on Lundin Mining (Other OTC: LUNMF).
LUNMF market cap is currently C$31.4B and has a P/E ratio of 14.08.
Based on the recent corporate insider activity of 30 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 price target raised to C$42 from C$35 at Desjardins
- Lundin Mining Lifts Caserones Stake and Buys into Los Helados for US$215 Million
- Lundin Mining downgraded to Underweight from Neutral at JPMorgan
- Lundin Mining Updates Share Capital After Employee Equity Exercises
- Lundin Mining Quadruples Credit Capacity to Back Copper Growth Push
