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MarketScreener Homepage  >  Equities  >  Toronto Stock Exchange  >  Lundin Mining Corporation    LUN   CA5503721063

LUNDIN MINING CORPORATION

(LUN)
  Report
Delayed Quote. Delayed Toronto Stock Exchange - 01/28 11:21:27 am
11.395 CAD   +1.56%
01/27LUNDIN MINING : TD Securities Mining Conference - January 2021
PU
01/21TSX falls as energy, materials drag
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01/21LUNDIN MINING : January - 2021 CIBC Western Institutional Investor Conference
PU
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SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Copper set for best month in 4 years on robust China manufacturing data

11/29/2020 | 09:06pm EST

Nov 30 (Reuters) - Copper prices advanced on Monday, with London copper on track for its best monthly gain in four years, as top consumer China posted upbeat manufacturing growth.

Three-month copper on the London Metal Exchange rose 1.5% to $7,608 tonne by 0145 GMT, up 13.3% on a monthly basis, on track for its strongest monthly gain since November 2016.

The most-traded January copper contract on the Shanghai Futures Exchange climbed as much as 2.8% to 57,180 yuan ($8,694.20) a tonne, a level unseen since December 2017.

China's factory activity expanded at the fastest pace in more than three years in November, keeping it on track to be the first major economy to fully recover from the coronavirus crisis.

Copper is used widely in the manufacturing sector and China consumes about half of the metal globally.

FUNDAMENTALS

* A union on strike at Chile's Candelaria copper mine accepted a new offer from Canadian miner Lundin Mining Corp following an over month-long walk-off.

* Copper miners and smelters are late agreeing charges for processing concentrate for next year, sources said, with smelters seeking a rollover while miners are pointing to a tight spot market.

* ShFE lead climbed 3.8% to 15,885 yuan a tonne, zinc advanced 2.8% to 21,515 yuan a tonne and aluminium was up 2.1% to 16,350 yuan a tonne. LME lead rose 0.9% to $2,118 a tonne while zinc increased 1% to $2,824 a tonne.

* For the top stories in metals and other news, click or

MARKETS NEWS

* World shares were set to seal a record-busting month as the prospect of a vaccine-driven global economic recovery next year and yet more free money from central banks eclipsed concerns about the pandemic in the near-term.

DATA/EVENTS (GMT)

1300 Germany CPI Prelim YY Nov

1300 Germany HICP Prelim YY Nov

1400 EU Euro zone finance ministers meet

($1 = 6.5768 yuan) (Reporting by Mai Nguyen; Editing by Rashmi Aich)


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
LUNDIN MINING CORPORATION 1.60% 11.395 Delayed Quote.-0.71%
UNITED STATES DOLLAR (B) / CHINESE YUAN IN HONG KONG (USD/CNH) -0.38% 6.4716 Delayed Quote.-0.36%
All news about LUNDIN MINING CORPORATION
01/27LUNDIN MINING : TD Securities Mining Conference - January 2021
PU
01/21TSX falls as energy, materials drag
RE
01/21LUNDIN MINING : January - 2021 CIBC Western Institutional Investor Conference
PU
01/21LUNDIN MINING : CIBC Western Institutional Investor Conference - January 2021
PU
01/20LUNDIN MINING : Says It Met 2020 Guidance Targets for All of it Metals
MT
01/20LUNDIN MINING BRIEF : Says 2020 Production Guidance Achieved for All Metals
MT
01/20LUNDIN MINING : Announces 2020 Production Guidance Achieved for All Metals; Four..
AQ
01/14LUNDIN MINING : PI Financial Presents the Lundin Group of Companies - January 20..
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2020LUNDIN MINING : Announces Updated Share Capital and Voting Rig
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2020LUNDIN MINING : Announces New Agreements with Candelaria Supervisors Uni
PU
More news
Financials (USD)
Sales 2020 1 999 M - -
Net income 2020 133 M - -
Net Debt 2020 74,9 M - -
P/E ratio 2020 53,2x
Yield 2020 1,35%
Capitalization 6 438 M 6 464 M -
EV / Sales 2020 3,26x
EV / Sales 2021 2,19x
Nbr of Employees 4 170
Free-Float 86,8%
Chart LUNDIN MINING CORPORATION
Duration : Period :
Lundin Mining Corporation Technical Analysis Chart | LUN | CA5503721063 | MarketScreener
Technical analysis trends LUNDIN MINING CORPORATION
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 23
Average target price 10,37 $
Last Close Price 8,75 $
Spread / Highest target 42,0%
Spread / Average Target 18,5%
Spread / Lowest Target -18,5%
EPS Revisions
Managers and Directors
NameTitle
Marie Inkster President, Chief Executive Officer & Director
Lukas Henrik Lundin Chairman
Peter Richardson Chief Operating Officer & Vice President
Jinhee Magie Chief Financial Officer & Senior Vice President
Stephen T. Gatley Vice President-Technical Services
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