Lonmin (LMI) Price Target Raised to GBX 75

Share on StockTwits

Lonmin (LON:LMI) had its price target lifted by Barclays from GBX 55 ($0.72) to GBX 75 ($0.98) in a report published on Friday, ThisIsMoney.Co.Uk reports. Barclays currently has an underweight rating on the mining company’s stock.

Shares of LON:LMI opened at GBX 73 ($0.95) on Friday. The stock has a market capitalization of $206.41 million and a PE ratio of 4.93. Lonmin has a 52-week low of GBX 36 ($0.47) and a 52-week high of GBX 85.60 ($1.12). The company has a debt-to-equity ratio of 32.82, a quick ratio of 0.87 and a current ratio of 1.68.

Lonmin Company Profile

Lonmin Plc explores, mines, refines, and markets platinum group metals in South Africa, the Americas, Asia, and Europe. The company explores for platinum, palladium, rhodium, iridium, ruthenium, and gold, as well as chrome, nickel, copper, and cobalt deposits. Its flagship property is the Marikana mine located on the Western Limb of the Bushveld igneous complex in South Africa.

Further Reading: Support Level

Analyst Recommendations for Lonmin (LON:LMI)

Receive News & Ratings for Lonmin Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lonmin and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Bray Capital Advisors Buys 214 Shares of DowDuPont Inc
Bray Capital Advisors Buys 214 Shares of DowDuPont Inc
Adobe Inc  Shares Sold by BLB&B Advisors LLC
Adobe Inc Shares Sold by BLB&B Advisors LLC
Ultra Petroleum Corp  Position Boosted by BlackRock Inc.
Ultra Petroleum Corp Position Boosted by BlackRock Inc.
BlackRock Inc. Increases Holdings in Exela Technologies, Inc.
BlackRock Inc. Increases Holdings in Exela Technologies, Inc.
BlackRock Inc. Buys 1,519 Shares of USA Truck, Inc.
BlackRock Inc. Buys 1,519 Shares of USA Truck, Inc.
BlackRock Inc. Acquires 7,602 Shares of BP Midstream Partners LP
BlackRock Inc. Acquires 7,602 Shares of BP Midstream Partners LP


 
© 2006-2019 Zolmax.