Lundin Mining Co. (LUN.TO) (TSE:LUN) declared a quarterly dividend on Wednesday, October 28th, Zacks reports. Stockholders of record on Friday, December 4th will be given a dividend of 0.04 per share by the mining company on Wednesday, December 16th. This represents a $0.16 annualized dividend and a dividend yield of 2.03%. The ex-dividend date of this dividend is Thursday, December 3rd.
Shares of TSE LUN traded up C$0.02 during trading on Friday, hitting C$7.88. 569,020 shares of the company were exchanged, compared to its average volume of 2,281,052. Lundin Mining Co. has a 12-month low of C$4.08 and a 12-month high of C$8.59. The company has a debt-to-equity ratio of 11.99, a quick ratio of 1.17 and a current ratio of 1.62. The company has a fifty day moving average price of C$7.89 and a 200-day moving average price of C$7.36. The firm has a market capitalization of $5.77 billion and a PE ratio of 114.78.
Lundin Mining Co. (LUN.TO) (TSE:LUN) last posted its quarterly earnings results on Wednesday, July 29th. The mining company reported C$0.10 EPS for the quarter, topping the consensus estimate of C$0.01 by C$0.09. The company had revenue of C$739.47 million for the quarter, compared to analysts’ expectations of C$654.24 million. Research analysts anticipate that Lundin Mining Co. will post 0.56 earnings per share for the current fiscal year.
In other Lundin Mining Co. (LUN.TO) news, Senior Officer Jinhee Magie sold 44,000 shares of Lundin Mining Co. (LUN.TO) stock in a transaction dated Wednesday, September 9th. The stock was sold at an average price of C$8.33, for a total value of C$366,520.00. Following the completion of the transaction, the insider now directly owns 176,000 shares of the company’s stock, valued at approximately C$1,466,080. Over the last ninety days, insiders sold 89,800 shares of company stock valued at $732,885.
Lundin Mining Co. (LUN.TO) Company Profile
Lundin Mining Corporation, a diversified base metals mining company, engages in the exploration, development, and mining of mineral properties in Chile, Brazil, the United States, Portugal, and Sweden. It primarily produces copper, zinc, nickel, and gold, as well as lead, silver, and other metals. The company holds 100% interests in the Chapada mine located in Brazil; the Eagle mine located in the United States; the Neves-Corvo mine located in Portugal; and the Zinkgruvan mine located in Sweden.
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