Lundin Mining traded at 38.65 this Friday May 15th, decreasing 2.72 or 6.57 percent since the previous trading session. Looking back, over the last four weeks, Lundin Mining lost 5.75 percent. Over the last 12 months, its price rose by 213.97 percent. Looking ahead, we forecast Lundin Mining to be priced at 37.85 by the end of this quarter and at 35.53 in one year, according to Trading Economics global macro models projections and analysts expectations.
Lundin Mining Corporation is a diversified base metals mining company. The Company is engaged in mining, exploration and development of mineral properties, primarily in Chile, the United States, Portugal, Sweden and the Democratic Republic of Congo (DRC). Its segments include Candeleria, Chapada, Eagle, Neves-Corvo, Zinkgruvan, Tenke Fungurume and Other. Its geographical segments include Europe, Asia, South America and North America. It is engaged in producing copper, nickel and zinc. Its operating assets include the Eagle mine located in the United States, the Neves-Corvo mine located in Portugal and the Zinkgruvan mine located in Sweden. It also owns the Candelaria and Ojos del Salado mining complex (Candelaria) located in Chile. It is engaged in drilling on the Elida porphyry project.