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

Lundin Mining Co. (OTCMKTS:LUNMF) declared a dividend on Friday, November 22nd,investing.com reports. Shareholders of record on Monday, December 2nd will be given 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

Shares of Lundin Mining stock opened at $10.10 on Friday. The company has a 50-day simple moving average of $10.08 and a two-hundred day simple moving average of $10.49. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.00 and a current ratio of 1.40. Lundin Mining has a one year low of $6.50 and a one year high of $13.26. 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 (OTCMKTS:LUNMF) last posted its quarterly earnings data on Wednesday, November 6th. The basic materials company reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.09). The business had revenue of $1.07 billion during the quarter, compared to analyst estimates of $1.10 billion. Lundin Mining had a return on equity of 5.02% and a net margin of 6.63%. Research analysts expect that Lundin Mining will post 0.59 EPS for the current fiscal year.

About Lundin Mining

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.