Analysts Have Conflicting Sentiments on These Materials Companies: McEwen Mining (MUX) and Lundin Mining (OtherLUNMF)
Analysts have been eager to weigh in on the Materials sector with new ratings on McEwen Mining (MUX) and Lundin Mining (LUNMF).
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McEwen Mining (MUX)
In a report issued on May 6, Joseph Reagor from Roth MKM reiterated a Buy rating on McEwen Mining, with a price target of $35.00. The company’s shares closed last Thursday at $23.38.
According to TipRanks.com, Reagor is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for McEwen Mining with a $31.38 average price target, representing a 31.6% upside. In a report issued on April 22, TipRanks – Google also upgraded the stock to Buy with a $28.00 price target.
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Lundin Mining (LUNMF)
In a report released today, Daniel Major from UBS maintained a Hold rating on Lundin Mining, with a price target of SEK230.00. The company’s shares closed last Thursday at $26.51.
According to TipRanks.com, Major is a 5-star analyst with an average return of
Lundin Mining has an analyst consensus of Moderate Buy, with a price target consensus of $28.96, a 7.3% upside from current levels. In a report issued on April 27, RBC Capital also maintained a Hold rating on the stock with a C$42.00 price target.
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