Risk factor
Good trading liquidity
Profitability factor
Good growth
About
Lundin Mining Corporation is a global diversified base metals mining company, specializing in the exploration, development, and extraction of mineral resources. Its operations are strategically located across Brazil, Chile, Portugal, Sweden, and the United States. The company's principal metallic outputs include copper, zinc, nickel, and gold, complemented by the production of lead, silver, and other valuable metals. Lundin Mining fully controls several key assets, such as the Chapada mine in Brazil, Portugal's Neves-Corvo mine, the Eagle mine in the United States, and Sweden's Zinkgruvan mine. Additionally, it holds an 80% stake in the Candelaria and Ojos del Salado mining complex situated in Chile. Established in 1994, the corporation, which was formerly known as South Atlantic Ventures Ltd. before adopting its current name in August 2004, is headquartered in Toronto, Canada.
Company Valuation
Considering past and projected metrics, the stock is moderately 'expensive' compared to its peers. Specifically, the stock is fairly valued on P/E, neutral on EV/EBITDA,
Target Price
The average target price of LUN.TO is 43.6 and suggests 25.5% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to in