11:25:31 EDT Mon 20 May 2024
Enter Symbol
or Name
USA
CA



Lundin Mining Corp
Symbol LUN
Shares Issued 775,184,568
Close 2024-05-03 C$ 15.15
Market Cap C$ 11,744,046,205
Recent Sedar Documents

Globe says Lundin Mining kept at "sector perform"

2024-05-03 07:31 ET - In the News

The Globe and Mail reports in its Friday, May 3, edition that RBC Capital analyst Sam Crittenden has reaffirmed his "sector perform" recommendation for Lundin Mining. The Globe's David Leeder writes in the Eye On Equities column that Mr. Crittenden hiked his share target ahead by $4 to $17. Analysts on average target the shares at $16.08. Mr. Crittenden says in a note: "The Josemaria project in Argentina is waiting on a fiscal agreement with the government which is waiting on Javier Milei's reform bill to be passed, which we see as both good and bad for Lundin Mining shares. Pushing out the capital and execution risk is positive in the here and now (and the reforms would be positive for mining projects); however, the uncertainty around capex/timing/partner/other assets in Vicuna lingers in the medium term, with potential to create significant value in the long term." The Globe reported on April 10 that Scotia Capital analyst Orest Wowkodaw rated Lundin Mining "sector perform." The shares could then be had for $15.87. The Globe reported on April 18 that CIBC World Markets mining analyst Bryce Adams continued to rate Lundin Mining "neutral." The shares could then be had for $16.05.

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