Lundin Mining Co. (LUNMF) to Issue Dividend of $0.06 on December 11th

Lundin Mining Co. (OTCMKTS:LUNMFGet Free Report) declared a dividend on Friday, November 22nd,investing.com reports. Shareholders of record on Monday, December 2nd will be paid a dividend of 0.0647 per share by the basic materials company on Wednesday, December 11th. This represents a yield of 2.56%. The ex-dividend date is Friday, November 29th.

Lundin Mining Stock Performance

OTCMKTS:LUNMF opened at $9.73 on Wednesday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.96 and a current ratio of 1.40. Lundin Mining has a fifty-two week low of $6.51 and a fifty-two week high of $13.26. The firm has a market cap of $7.56 billion, a PE ratio of 24.98, a price-to-earnings-growth ratio of 0.36 and a beta of 1.50. The business has a 50 day moving average price of $10.15 and a 200-day moving average price of $10.45.

Lundin Mining (OTCMKTS:LUNMFGet Free Report) last announced its quarterly earnings results on Wednesday, November 6th. The basic materials company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.18 by ($0.09). Lundin Mining had a net margin of 6.63% and a return on equity of 5.02%. The firm had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $1.10 billion. Equities research analysts predict that Lundin Mining will post 0.58 earnings per share for the current year.

About Lundin Mining

(Get Free Report)

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.

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Dividend History for Lundin Mining (OTCMKTS:LUNMF)

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