The Senior Vice-President & Chief Operating Officer of Lundin Mining is Exercising Options

Yesterday it was reported that the Senior Vice-President & Chief Operating Officer of Lundin Mining (LUNMF), Jonas Peter Haddock Richardson, exercised options to sell 27,229 LUNMF shares for a total transaction value of $408.6K.

This recent transaction decreases Jonas Peter Haddock Richardson’s holding in the company by 90% to a total of $445.1K. In addition to Jonas Peter Haddock Richardson, 3 other LUNMF executives reported Sell trades in the last month.

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The company has a one-year high of $12.45 and a one-year low of $2.82. Currently, Lundin Mining has an average volume of 141.01K.

Based on 17 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $10.00, reflecting a 19.3% upside.

The insider sentiment on Lundin Mining has been negative according to 44 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Lundin Mining Corp. is a metal based company, which engages in mining, exploration and development of mineral properties, primarily in Chile, USA, Portugal and Sweden. It holds interest in the projects: Candelaria, Eagle, Neves-Corvo, and Zinkgruvan. The company was founded on September 9, 1994 and is headquartered in Toronto, Canada.

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