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. Stockholders 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 dividend yield of 2.56%. The ex-dividend date of this dividend is Friday, November 29th.

Lundin Mining Price Performance

LUNMF opened at $9.81 on Thursday. Lundin Mining has a 12-month low of $6.51 and a 12-month high of $13.26. The company has a market cap of $7.62 billion, a price-to-earnings ratio of 27.25, a price-to-earnings-growth ratio of 0.36 and a beta of 1.50. The company has a current ratio of 1.40, a quick ratio of 0.96 and a debt-to-equity ratio of 0.28. The stock has a fifty day simple moving average of $10.17 and a two-hundred day simple moving average of $10.43.

Lundin Mining (OTCMKTS:LUNMF) last posted its quarterly earnings data 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 the consensus estimate of $1.10 billion. Research analysts predict that Lundin Mining will post 0.58 earnings per share for the current fiscal 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.