In a report released yesterday, Judith Elliott from Raymond James maintained a Hold rating on Lundin Mining, with a price target of C$20.00. The company’s shares closed yesterday at $15.23.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
According to TipRanks, Elliott is a 4-star analyst with an average return of 50.6% and a 100.00% success rate. Elliott covers the Basic Materials sector, focusing on stocks such as First Quantum Minerals, Hudbay Minerals, and IAMGOLD.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Lundin Mining with a $14.88 average price target, representing a -2.30% downside. In a report released yesterday, Deutsche Bank also maintained a Hold rating on the stock with a SEK135.00 price target.
The company has a one-year high of $15.80 and a one-year low of $6.30. Currently, Lundin Mining has an average volume of 264.3K.
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.
Read More on LUNMF:
/AI%20(artificial%20intelligence)/AI%20engineer%20working%20on%20laptop%20by%20ART%20STOCK%20CREATIVE%20via%20Shutterstock.jpg)
/Semiconductor%20by%20Gorodenkoff%20via%20Shutterstock.jpg)