Lundin Mining Co. (TSE:LUN) had its target price boosted by TD Securities from C$4.50 to C$5.00 in a research report report published on Friday morning, Analyst Ratings Net reports. The firm currently has a buy rating on the mining company’s stock.

A number of other research analysts have also weighed in on LUN. Scotiabank dropped their target price on Lundin Mining from C$8.00 to C$6.00 in a report on Tuesday, September 29th. CIBC dropped their target price on Lundin Mining from C$5.50 to C$4.50 in a report on Friday, October 2nd. BMO Capital Markets dropped their target price on Lundin Mining from C$5.00 to C$4.50 in a report on Wednesday, October 7th. Goldman Sachs raised their target price on Lundin Mining from C$4.50 to C$4.70 in a report on Friday, October 9th. Finally, Canaccord Genuity raised their target price on Lundin Mining to C$5.75 and gave the company a buy rating in a report on Monday, October 19th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the stock. The company has a consensus rating of Buy and a consensus target price of C$5.75.

In related news, Director Catherine Jean Garrett Stefan purchased 30,000 shares of the business’s stock in a transaction dated Wednesday, December 9th. The stock was purchased at an average cost of C$3.51 per share, with a total value of C$105,216.00.

Shares of Lundin Mining (TSE:LUN) opened at 3.30 on Friday. The stock’s 50 day moving average price is $3.49 and its 200-day moving average price is $4.07. The company has a market capitalization of $2.37 billion and a P/E ratio of 21.15. Lundin Mining has a 52-week low of $2.98 and a 52-week high of $6.46.

Lundin Mining Corporation is a Canada-based mining company. The Company is engaged in mining, exploration and development of mineral properties, such as base metals, primarily in Chile, Portugal, Spain, Sweden, the United States and the Democratic Republic of the Congo (TSE:LUN). The Company’s wholly owned operating assets include the Neves-Corvo copper/zinc mine located in Portugal, the Zinkgruvan zinc/lead mine located in Sweden, the Aguablanca nickel/copper mine located in Spain and the Eagle nickel/copper mine located in the United States. The Company also holds 80% interest in the Candelaria and Ojos del Salado copper/gold mining complex located in Chile, and 24% equity accounted interests in the Tenke Fungurume copper/cobalt mine located in the Democratic Republic of Congo (DRC) and the Freeport Cobalt Oy business, which includes a cobalt refinery located in Kokkola, Finland.

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