Wall Street analyst has provided a review for the Materials company yesterday, but retained the same rating on the stock. Lundin Mining (TSX: LUN) received a Buy rating from CIBC’s analyst Oscar Cabrera, with a C$9 price target.
According to TipRanks.com, Cabrera is ranked #4442 out of 4874 analysts.
Currently, the analyst consensus on Lundin Mining is a Strong Buy with an average price target of C$9.40.
The company has a one-year high of C$10.22 and a one-year low of C$6.05. Currently, Lundin Mining has an average volume of 2.09M.
Lundin Mining Corp. is a metal based company, which engages in the production of copper, zinc, and nickel. It focuses on operations and development projects in Chile, the United States of America, Portugal, and Sweden. Its projects include Candelaria, Eagle, Neves-Corvo, and Zinkgruvan.
The company’s shares closed on Thursday at C$6.31, close to its 52-week low of C$6.05.
