16:53:27 EDT Sat 27 Apr 2024
Enter Symbol
or Name
USA
CA



Lundin Mining Corp
Symbol LUN
Shares Issued 774,399,591
Close 2024-03-26 C$ 13.13
Market Cap C$ 10,167,866,630
Recent Sedar Documents

Globe says Stifel's McGill rates Lundin Mining "buy"

2024-03-27 07:51 ET - In the News

The Globe and Mail reports in its Wednesday, March 27, edition that Stifel analyst Cole McGill has resumed coverage on Lundin Mining with a "buy" recommendation and a $14.50 share target. The Globe's David Leeder writes in the Eye On Equities column that analysts on average target the shares at $12.67. Mr. McGill says in a note: "Lundin Mining is a growing mid-tier diversified base metal producer, and will be increasingly anchored in the Andean region. Chilean copper mines Candelaria and Caserones will be joined in future by flagship growth project Josemaria, located just across the border in Argentina. With all three assets located in proximity to one another, we believe the company will be able to reap synergies as they develop this emerging copper district." The Globe reported on Feb. 27 that National Bank Financial analyst Shane Nagle had elevated his recommendation for Lundin Mining to "sector perform" from "underperform." It was then worth $8.29. The Globe reported on Sept. 29 that Jefferies analyst Christopher LaFemina rated Lundin Mining "buy." It was then worth $10.13. The Globe reported on Oct. 18 that Mr. Nagle had reiterated his "sector perform" call for Lundin when it could be had for $9.07.

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