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

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 is Friday, November 29th.

Lundin Mining Price Performance

Lundin Mining stock opened at $10.10 on Friday. The company has a market capitalization of $7.85 billion, a PE ratio of 28.06, a P/E/G ratio of 0.35 and a beta of 1.50. Lundin Mining has a 12 month low of $6.50 and a 12 month high of $13.26. The stock has a 50-day moving average price of $10.08 and a two-hundred day moving average price of $10.49. The company has a current ratio of 1.40, a quick ratio of 1.00 and a debt-to-equity ratio of 0.28.

Lundin Mining (OTCMKTS:LUNMF) last released its earnings results on Wednesday, November 6th. The basic materials company reported $0.09 EPS 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 business had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.10 billion. Analysts expect that Lundin Mining will post 0.59 EPS 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.