Lundin Mining Co. (OTCMKTS:LUNMF) Short Interest Down 20.1% in January

Lundin Mining Co. (OTCMKTS:LUNMF) was the recipient of a large drop in short interest in the month of January. As of January 31st, there was short interest totalling 20,243,300 shares, a drop of 20.1% from the January 15th total of 25,324,400 shares. Based on an average trading volume of 398,300 shares, the short-interest ratio is presently 50.8 days.

Lundin Mining Trading Down 0.1 %

Lundin Mining stock traded down $0.01 during trading hours on Friday, reaching $8.70. 208,347 shares of the company’s stock were exchanged, compared to its average volume of 297,242. The company has a quick ratio of 0.96, a current ratio of 1.40 and a debt-to-equity ratio of 0.28. The firm’s 50 day simple moving average is $8.59 and its 200 day simple moving average is $9.42. Lundin Mining has a twelve month low of $7.51 and a twelve month high of $13.26. The firm has a market capitalization of $7.55 billion, a PE ratio of 24.17, a PEG ratio of 0.36 and a beta of 1.46.

Lundin Mining Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, December 11th. Stockholders of record on Monday, December 2nd were paid a $0.0647 dividend. The ex-dividend date of this dividend was Friday, November 29th. This represents a dividend yield of 2.56%. Lundin Mining’s dividend payout ratio is presently 75.00%.

Lundin Mining 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, Sweden, and Argentina. It primarily produces copper, zinc, gold, nickel, and molybdenum, as well as lead, silver, and other metals.