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

Lundin Mining (OTCMKTS:LUNMF) announced its quarterly earnings data on Wednesday. The basic materials company reported $0.12 earnings per share for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.10), Zacks reports. The firm had revenue of $858.90 million for the quarter, compared to analysts’ expectations 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

OTCMKTS LUNMF traded up $0.36 on Friday, reaching $9.03. 248,592 shares of the company’s stock traded hands, compared to its average volume of 295,106. The stock has a market cap of $7.84 billion, a PE ratio of 25.08, a P/E/G ratio of 0.36 and a beta of 1.46. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.40 and a quick ratio of 0.96. Lundin Mining has a 12 month low of $7.51 and a 12 month high of $13.26. The stock has a 50-day simple moving average of $8.54 and a 200 day simple moving average of $9.39.

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.