Lundin Mining (TSE:LUN) Given New C$30.00 Price Target at CIBC

Lundin Mining (TSE:LUN - Get Free Report) had its price target hoisted by research analysts at CIBC from C$24.00 to C$30.00 in a report released on Friday,BayStreet.CA reports. CIBC's target price points to a potential upside of 10.95% from the stock's previous close.Other equities analysts also recently issued research reports about the company. Morgan Stanley increased their price target on Lundin Mining from C$25.40 to C$25.80 in a report on Tuesday, December 2nd. TD Securities raised their price target on Lundin Mining from C$26.00 to C$28.00 and gave the company a "buy" rating in a research report on Friday, November 7th. BMO Capital Markets boosted their price objective on Lundin Mining from C$22.00 to C$25.00 in a research report on Thursday, November 6th. National Bankshares increased their price objective on Lundin Mining from C$20.00 to C$25.00 and gave the company an "outperform" rating in a research report on Wednesday, October 8th. Finally, Jefferies Financial Group boosted their target price on shares of Lundin Mining from C$28.00 to C$32.00 in a research report on Monday. Three equities research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and seven have given a Hold rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of C$23.74.Get Lundin Mining alerts:Check Out Our Latest Analysis on LUNLundin Mining Stock Down 0.4%Shares of LUN stock traded down C$0.10 on Friday, hitting C$27.04. The company's stock had a trading volume of 2,596,406 shares, compared to its average volume of 2,589,536. The stock has a market capitalization of C$23.14 billion, a price-to-earnings ratio of 901.33, a P/E/G ratio of -0.26 and a beta of 1.93. Lundin Mining has a fifty-two week low of C$8.94 and a fifty-two week high of C$28.32. The firm's fifty day moving average price is C$23.67 and its 200-day moving average price is C$18.14. The company has a debt-to-equity ratio of 41.58, a current ratio of 1.40 and a quick ratio of 0.90. Lundin Mining (TSE:LUN - Get Free Report) last posted its earnings results on Wednesday, November 5th. The mining company reported C$0.18 EPS for the quarter. The firm had revenue of C$1.40 billion for the quarter. Lundin Mining had a net margin of 6.63% and a return on equity of 5.55%. About Lundin Mining (Get Free Report)Lundin Mining Corp is a diversified Canadian base metals mining company with operations in Brazil Chile Portugal Sweden and the United States of America producing copper zinc gold and nickel. Its material mineral properties include Candelaria Chapada Eagle and Neves-Corvo. Read MoreFive stocks we like better than Lundin MiningWith Risk Tolerance, One Size Does Not Fit AllChewy Stock Just Flashed a Major Buy Signal for 2026What is Insider Trading? What You Can Learn from Insider TradingBroadcom Slips Post-Earnings Even as AI Demand Goes ParabolicStock Analyst Ratings and Canadian Analyst RatingsQualcomm Just Got Called an AI Loser—So Why Is It Rallying?This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Lundin Mining Right Now?Before you consider Lundin Mining, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Lundin Mining wasn't on the list.While Lundin Mining currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here