In a report released today, Ioannis Masvoulas from Morgan Stanley maintained a Hold rating on Lundin Mining, with a price target of SEK151.00. The company’s shares closed yesterday at $14.89.
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Masvoulas covers the Basic Materials sector, focusing on stocks such as Lundin Mining, Antofagasta, and Holmen AB. According to TipRanks, Masvoulas has an average return of 5.9% and a 60.30% success rate on recommended stocks.
Currently, the analyst consensus on Lundin Mining is a Moderate Buy with an average price target of $13.94.
The company has a one-year high of $15.53 and a one-year low of $6.30. Currently, Lundin Mining has an average volume of 261.2K.
Based on the recent corporate insider activity of 16 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of LUNMF in relation to earlier this year.
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