|Bid||7.13 x 0|
|Ask||7.15 x 0|
|Day's Range||7.11 - 7.25|
|52 Week Range||6.62 - 10.22|
|PE Ratio (TTM)||12.53|
|Earnings Date||Jul 25, 2018|
|Forward Dividend & Yield||0.12 (1.61%)|
|1y Target Est||7.64|
Lundin Mining Corp. (TSX:LUN) heads up a list of the best-valued mining stocks on the TSX. Looking for high growth? These stocks have you covered.
Nevsun's shares soared 14.2 percent on the Toronto Stock Exchange to C$4.80, above Lundin's per share offer of C$4.75. "This latest announcement from Lundin continues to ignore the fundamental value of Nevsun and its assets," Nevsun's Chief Executive Officer Peter Kukielski said in a statement. Lundin's new all-cash bid is about C$100 million lower than the cash-and-stock offer made in May, in partnership with Euro Sun Mining Inc (Toronto:ESM.TO - News).
Lundin offered C$4.75 per share, a premium of 12.8 percent to Nevsun's closing price of C$4.21 on Monday. Cash-rich Lundin has been eyeing Nevsun's large high-grade Timok copper project in Serbia and its Bisha copper and zinc mine in Eritrea, in a partnership with Euro Sun Mining Inc. Together the two companies proposed to buy Nevsun outright in May for C$1.5 billion, but were rejected by the company saying the price was too low and the deal had a "problematic structure".
Lundin Mining says it plans to make a restructured $1.4-billion cash offer for Nevsun Resources after a previous attempt fell through. In May, the Toronto-based mining company partnered with Euro Sun Mining Inc. on a roughly $1.5-billion takeover offer that was a combination of cash as well as shares in both Lundin and Euro Sun. Nevsun's board rejected the previous offer because it said it overvalued Euro Sun's shares and because the company's involvement raised other uncertainties.
LONDON, UK / ACCESSWIRE / July 16, 2018 / Active-Investors free stock reports for this morning include these Toronto Exchanges' equities from the Metals & Mining industry: Gran Colombia Gold, Nemaska Lithium, IAMGOLD, and Lundin Mining. The S&P/TSX Composite Index lost 6.30 points, or 0.04%, to close Friday's trading session at 16,561.12. The TSX Venture Exchange shaved off 3.73 points, or 0.51%, to finish at 725.24.
TORONTO, July 10, 2018-- Lundin Mining Corporation announces that the report for the second quarter ended June 30, 2018 will be published on Wednesday July 25, 2018.. The Company will hold a telephone ...
Lundin Mining Corporation (TSX:LUN) trades with a trailing P/E of 11.4x, which is higher than the industry average of 11.2x. Although some investors may jump to the conclusion that youRead More...
LONDON, UK / ACCESSWIRE / June 18, 2018 / Active-Investors free stock reports for this morning include these Toronto Exchanges' equities from the Metals & Mining industry: Lundin Mining, Moneta Porcupine Mines, Nevsun Resources, and First Majestic Silver. The TSX Venture Exchange shaved off 6.86 points, or 0.90%, to finish at 754.40. Today's stocks of interest consist of: Lundin Mining Corporation (TSX: LUN), Moneta Porcupine Mines Inc. (TSX: ME), Nevsun Resources Ltd (TSX: NSU), and First Majestic Silver Corporation (TSX: FR).
Lundin Mining Corporation (TSX:LUN), a metals and mining company based in Canada, saw significant share price volatility over the past couple of months on the TSX, rising to the highsRead More...
Euro Sun Mining Inc. (ESM.TO) (“Euro Sun” or the “Company”) reports that the Company has amended its portion of the joint proposal with Lundin Mining (LUN.TO) to acquire Nevsun Resources (NSU.TO) to include CDN$150 million in cash and CDN$150 million in ESM stock. The Company encourages Nevsun’s management and Board of Directors to engage as it is in the best interests of all stakeholders. The total proposed consideration of CDN$5.00 per share for the acquisition of all Nevsun stock includes CDN$150M cash from Euro Sun and CDN$600M cash from Lundin Mining along with CDN$150M in Euro Sun stock and CDN$600M in Lundin Mining stock.
Lundin Mining Corporation (LUN.TO) (Nasdaq Stockholm:LUMI) (“Lundin Mining” or the “Company”) today announced the results of its previously announced offer to purchase (the “Offer”) any and all of its $450,000,000 aggregate principal amount of 7.875% Senior Secured Notes due 2022 (the “Notes”). Lundin Mining is a diversified Canadian base metals mining company with operations in Chile, the United States of America, Portugal, and Sweden, primarily producing copper, nickel and zinc. In addition, Lundin Mining holds an indirect 24% equity stake in the Freeport Cobalt Oy business, which includes a cobalt refinery located in Kokkola, Finland.
Lundin Mining Corporation (TSX:LUN) generated a below-average return on equity of 11.07% in the past 12 months, while its industry returned 11.63%. LUN’s results could indicate a relatively inefficient operationRead More...
Two stocks, two strategies. It’s Fight Club time, as we pitch Sherritt International Corp. (TSX:S) against one other and see who wins.
VANCOUVER/TORONTO (Reuters) - The weak human rights record of one of Africa's poorest countries is coming between Lundin Mining Corp and its pursuit of a prized European copper and gold asset. Cash-rich Lundin's latest run at fellow Canadian miner Nevsun Resources Ltd is designed to bag the Timok project in Serbia, but it had to bring on a partner to pick up Nevsun's Bisha mine in Eritrea. Lundin Mining's biggest shareholder is a private investment company owned by a Lundin family trust, with a near 13-percent stake, Thomson Reuters data shows.
TORONTO, May 11, 2018-- Lundin Mining Corporation today announced the voting results from its 2018 Annual Meeting held May 11, 2018, in Toronto, Ontario.. A total of 567,054,182 common shares were voted ...
Under the terms of the offer dated April 30, Nevsun shareholders were to receive a total consideration of C$5 per Nevsun share including C$2 in cash funded by Lundin Mining, C$2 in shares of Lundin Mining and C$1 in shares of Euro Sun, Lundin Mining and Euro Sun said in a joint statement. Vancouver-based Nevsun rejected the offer on Monday, the statement added.
Lundin Mining Corporation (LUN.TO) (Nasdaq Stockholm:LUMI) (“Lundin Mining”), and Euro Sun Mining Inc. (ESM.TO) ("Euro Sun") today announced that they have submitted a proposal to Nevsun Resources Ltd. (NSU.TO) (NYSE AMERICAN:NSU) ("Nevsun") to acquire all of Nevsun's outstanding common shares for approximately C$1.5 billion (the "Proposal"). This Proposal has been rejected by Nevsun. Lundin Mining’s numerous attempts to engage Nevsun and propose a mutually beneficial transaction have been unsuccessful. Working together, Lundin Mining and Euro Sun have identified a way to create significant value.
Lundin Mining Corporation (LUN.TO) (Nasdaq Stockholm: LUMI) (“Lundin Mining”), and Euro Sun Mining Inc. (ESM.TO) ("Euro Sun") today announced that they have submitted a proposal to Nevsun Resources Ltd. (NSU.TO) (NYSE AMERICAN: NSU) ("Nevsun") to acquire all of Nevsun's outstanding common shares for approximately C$1.5 billion (the "Proposal"). This Proposal has been rejected by Nevsun. Lundin Mining’s numerous attempts to engage Nevsun and propose a mutually beneficial transaction have been unsuccessful. Working together, Lundin Mining and Euro Sun have identified a way to create significant value.
Nasdaq Stockholm: LUMI) Lundin Mining Corporation (“Lundin Mining” or the “Company”) today announced that its Board of Directors has declared a dividend of CAD$0.03 per share, payable on June 19, 2018, to shareholders of record at the close of business on June 1, 2018. This dividend qualifies as an 'eligible dividend' for Canadian income tax purposes. The declaration, timing, amount and payment of future dividends remain at the discretion of the Board of Directors. Dividends on shares traded on the Toronto Stock Exchange (“TSX”) will be paid in Canadian Dollars (“CAD”) on June 19, 2018.
TORONTO, April 25, 2018-- Lundin Mining Corporation today reported cash flows of $172.9 million generated from operations in its first quarter of the year. Net earnings from continuing operations attributable ...
LONDON, UK / ACCESSWIRE / April 18, 2018 / Active-Investors free stock reports for this morning include these Toronto Exchanges' equities from the Metals & Mining industry: Lundin Mining, Moneta Porcupine ...
VANCOUVER , March 27, 2018 /CNW/ - Hannan Metals Limited ("Hannan" or the "Company") (TSX.V: HAN) (OTCPK: HANNF) is pleased to present an update on exploration completed for the last ...