Lundin Mining Co. Announces Dividend of $0.06 (OTCMKTS:LUNMF)

Lundin Mining Co. (OTCMKTS:LUNMF) declared a dividend on Friday, November 22nd,investing.com reports. Investors 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 of this dividend is Friday, November 29th.

Lundin Mining Trading Up 0.2 %

Shares of LUNMF stock opened at $10.12 on Friday. Lundin Mining has a 12-month low of $6.51 and a 12-month high of $13.26. The company has a market capitalization of $7.86 billion, a PE ratio of 24.63, a price-to-earnings-growth ratio of 0.36 and a beta of 1.50. The firm has a 50 day moving average price of $10.11 and a two-hundred day moving average price of $10.48. The company has a quick ratio of 1.00, a current ratio of 1.40 and a debt-to-equity ratio of 0.28.

Lundin Mining (OTCMKTS:LUNMF) last released 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 return on equity of 5.02% and a net margin of 6.63%. The firm had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.10 billion. As a group, analysts predict that Lundin Mining will post 0.58 earnings per share for the current year.

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.