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A statement released earlier today by Berenberg Bank about Lundin Mining (TSE:LUN) bumps the target price to $5.00

Displaying a price of $5.49, Lundin Mining (TSE:LUN) traded 0.00% even on the day. With the last stock price up 7.22% relative to the 200-day average, compared to the S&P 500 which has decreased -0.01% over the same period. LUN has logged a 50-day moving average of $5.31 and 200-day average of $4.62. 1,723,301 shares of LUN traded hands, down from ann average volume of 1,986,640

Lundin Mining (TSE:LUN) had its price target bumped up to $5 by Berenberg Bank in a report released 8/03/2016. The updated target price implies a potential downside of -0.09% based on the company’s previous closing price.

Previously on 7/26/2016, Canaccord Genuity released a statement for Lundin Mining(TSE:LUN) bumped the target price from $6.00 to $7.00 that suggested an upside of 0.33%.

See Graphic Below:

Lundin Mining (TSE:LUN)

In addition to Berenberg Bank reporting it’s stock price target, a total of 22 equity analysts have released a report on LUN. The one year target stock price is $4.75 with 0 rating the stock a strong buy, 0 rating the stock a buy, 0 analysts rating the stock a hold, 0 rating the stock to underperform, and finally 0 brokerages rating the stock as sell.

Lundin Mining has a 52 week low of $2.98 and a one-year high of $5.78 . Lundin Mining’s total market value is currently $0.0.

General Information About Lundin Mining (TSE:LUN)

Lundin Mining Corporation is a Canadian base metals mining company with operations in Chile, Portugal, Sweden and the United States. The Company holds equity stake in the Tenke Fungurume Mine in the Democratic Republic of Congo (DRC) and in the Freeport Cobalt business, which includes a cobalt refinery located in Kokkola, Finland. Its principal products and sources of sales are copper, nickel, zinc and lead concentrates. Its operating properties include Candelaria, Eagle, Neves-Corvo, Zinkgruvan and Tenke Fungurume. The Company’s other property include Aguablanca Mine. Compania Contractual Minera Candelaria and Compania Contractual Minera Ojos del Salado (CCMO), collectively Candelaria, are located near Copiapo in the Atacama Province, Region III of Chile. The Eagle Mine consists of the Eagle underground mine, located approximately 50 kilometers northwest of Marquette, Michigan, United States and the Humboldt mill, located over 40 kilometers west of Marquette in Champion, and Michigan.

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