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Deutsche Bank Aktiengesellschaft raises its price target on Lundin Mining (TSE:LUN) to C$8.50.

Deutsche Bank Aktiengesellschaft raises its price target on Lundin Mining (TSE:LUN) to C$8.50.

The analysts at Deutsche Bank Aktiengesellschaft raised their price target for Lundin Mining (TSE: LUN) from C$8.00 to C$8.50 in a research note published on Tuesday. BayStreet.CA is the source from which we obtained this information. Given the stock’s current price and the price objective that Deutsche Bank Aktiengesellschaft has established, the stock’s price may fall by 11.92% in the future.

Recently, we have seen an increase in other equity analysts who have mentioned the company in their conversations. CSFB stated its intention to raise its price target on Lundin Mining from 7.75 Canadian dollars to 8.50 Canadian dollars in a research report published on November 22. Credit Suisse Group stated that they would be increasing their price target on Lundin Mining to C$8.50 in a research note published on November 22. The target price that Scotiabank has established for Lundin Mining has decreased from C$8.50 to C$8.00 due to a public report on Thursday, October 27. This modification was done to the stock of the company. The rating of “outperform” that had been assigned to Lundin Mining by BMO Capital Markets was lowered to “market perform” in a research report made available to the general public on Friday, December 9. In addition, they lowered the target price for the company, which they had previously set at C$8.50, bringing it down to C$8.00. TD Securities upgraded Lundin Mining to a “buy” rating and increased their target price for the company from C$14.00 to C$15.50 in a research report published on Wednesday, November 30. These two alterations were necessary components of the company’s planned price increase. Only four equity research analysts have given the company a buy rating. In contrast, most of them (15 out of 17) have suggested that investors keep their current position with the company. The information provided by Bloomberg indicates that the stock is currently assigned the recommendation of “Hold” and that its price target has been set at an average of C$13.08 to reflect this.

The price of LUN increased by $0.24 during trading on Tuesday, reaching $9.65 in total. A total of 1,349,625 shares were traded, with an average volume of 2,249,870 traded daily. A total volume of 1,349,625 shares traded, with an average volume of 2,249,870 shares trading hands throughout the day. Currently, the debt-to-equity ratio stands at 0.94, the quick ratio stands at 0.90, and the current ratio stands at 1.35. The price of Lundin Mining has reached a high of $14.00 and a low of $14.00 over the past year (in Canadian dollars). The simple moving average for the last 200 days of the company’s stock price is $7.55, while the simple moving average for the last fifty days is $8.27. The company’s price-to-earnings ratio is 10.47, and its market capitalization is 7.44 billion Canadian dollars. The company also has a price-to-book ratio of 10.47.

On October 25, Lundin Mining (TSE: LUN) announced the release of its most recent quarterly earnings report to the public. The quarterly earnings per share of the mining company came in at 0.05 Canadian dollars, which was in line with the consensus prediction of 0.05 Canadian dollars for the earnings per share of the mining company. The revenue for the quarter came in at C$846.18 million, which was lower than the C$924.47 million that analysts had anticipated would be for the quarter. Research specialists who focus on stock market analysis anticipate that Lundin Mining will generate $0.74 per share earnings during the current fiscal year.

Mineral exploration, development, and mining are the primary focuses of Lundin Mining Corporation, which is a diversified base metals mining company with operations in the United States of America, Brazil, Chile, Portugal, and Sweden. Lundin Mining Corporation was founded in 1899 and is headquartered in Vancouver, British Columbia, Canada. In addition to the production of lead and silver, as well as other metals, its primary responsibilities include the production of copper, zinc, nickel, and gold. In addition, it also produces a variety of other metals. The company is the sole owner of several mines in different countries, such as the Chapada mine in Brazil, the Neves-Corvo mine in Portugal, the Eagle mine in the United States of America, and the Zinkgruvan mine in Sweden.

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