Lundin Mining (OTCMKTS:LUNMF) Releases Quarterly Earnings Results, Misses Expectations By $0.10 EPS

Lundin Mining (OTCMKTS:LUNMF) posted its quarterly earnings results on Wednesday. The basic materials company reported $0.12 EPS for the quarter, missing the consensus estimate of $0.22 by ($0.10), Zacks reports. The business had revenue of $858.90 million during the quarter, compared to analyst estimates of $1.06 billion. Lundin Mining had a net margin of 6.63% and a return on equity of 5.02%.

Lundin Mining Price Performance

LUNMF stock traded up $0.36 during midday trading on Friday, hitting $9.03. 248,592 shares of the stock were exchanged, compared to its average volume of 295,106. The stock’s 50-day moving average price is $8.54 and its 200-day moving average price is $9.39. The stock has a market cap of $7.84 billion, a price-to-earnings ratio of 25.08, a PEG ratio of 0.36 and a beta of 1.46. Lundin Mining has a fifty-two week low of $7.51 and a fifty-two week high of $13.26. 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 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.