Lundin Mining Co. (LUNMF) To Go Ex-Dividend on March 21st

Lundin Mining Co. (OTCMKTS:LUNMF) declared a dividend on Tuesday, March 18th, investing.com reports. Shareholders of record on Monday, March 24th will be given a dividend of 0.0634 per share by the basic materials company on Wednesday, April 9th. This represents a yield of 2.79%. The ex-dividend date of this dividend is Friday, March 21st.

Lundin Mining Stock Up 1.3 %

Lundin Mining stock opened at $9.20 on Wednesday. The firm has a market cap of $7.98 billion, a PE ratio of 25.55, a P/E/G ratio of 0.36 and a beta of 1.52. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.96 and a current ratio of 1.40. The firm’s 50 day moving average price is $8.48 and its two-hundred day moving average price is $9.24. Lundin Mining has a twelve month low of $7.51 and a twelve month high of $13.26.

Lundin Mining (OTCMKTS:LUNMF) last announced its quarterly earnings results on Wednesday, February 19th. The basic materials company reported $0.12 EPS for the quarter, missing the consensus estimate of $0.22 by ($0.10). Lundin Mining had a return on equity of 5.02% and a net margin of 6.63%. The business had revenue of $858.90 million for the quarter, compared to analyst estimates of $1.06 billion. On average, research analysts predict that Lundin Mining will post 0.53 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group upgraded shares of Lundin Mining from a “buy” rating to a “strong-buy” rating in a research note on Thursday, March 6th.

About Lundin Mining

Lundin Mining Corporation, a diversified base metals mining company, engages in the exploration, development, and mining of mineral properties in Chile, Brazil, the United States, Portugal, Sweden, and Argentina. It primarily produces copper, zinc, gold, nickel, and molybdenum, as well as lead, silver, and other metals.