Last $4.81 USD
Change Today -0.0482 / -0.99%
Volume 7.7K
As of 8:10 PM 04/16/14 All times are local (Market data is delayed by at least 15 minutes).

lundin mining corp (LUNMF) Snapshot

Open
$4.89
Previous Close
$4.85
Day High
$4.90
Day Low
$4.80
52 Week High
04/14/14 - $5.00
52 Week Low
06/24/13 - $3.53
Market Cap
2.8B
Average Volume 10 Days
9.4K
EPS TTM
--
Shares Outstanding
585.2M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for LUNDIN MINING CORP (LUNMF)

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lundin mining corp (LUNMF) Details

Lundin Mining Corporation, a diversified base metals mining company, is engaged in the exploration, development, and mining of mineral properties in Portugal, Sweden, Spain, and the United States. The company produces copper, zinc, lead, and nickel. Its mining properties include the Neves-Corvo mine located in the Alentejo district of Southern Portugal; the Zinkgruvan mine located in South-Central Sweden; the Aguablanca nickel-copper mine located in Southern Spain; the Eagle mine located in the United States; and Tenke Fungurume copper-cobalt mine located in the Democratic Republic of Congo. The company was formerly known as South Atlantic Ventures Ltd. and changed its name to Lundin Mining Corporation in August 2004. Lundin Mining Corporation was incorporated in 1994 and is headquartered in Toronto, Canada.

lundin mining corp (LUNMF) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $750.1K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $396.1K
Senior Vice President of Projects
Total Annual Compensation: $505.2K
Vice President of Technical Services and Dire...
Total Annual Compensation: $402.9K
Senior Vice President of Exploration & New Bu...
Total Annual Compensation: $367.5K
Compensation as of Fiscal Year 2013.

lundin mining corp (LUNMF) Key Developments

Lundin Mining Corporation Reports Earnings and Production Results for the Fourth Quarter and Full Year Ended December 31, 2013; Provides Production and Capital Expenditure Guidance for the Year of 2014

Lundin Mining Corporation reported earnings results for the fourth quarter and full year ended December 31, 2013. For the quarter, the company reported sales of $186.9 million against $176.4 million a year ago. Operating earnings were $66.9 million against $51.8 million a year ago. Net earnings were $42.1 million against net loss of $17.1 million a year ago. Basic earnings per share were $0.07 against basic loss per share of $0.03 a year ago. Cash flow from operations was $53.9 against $49.4 a year ago. Capital expenditures were $116.5 against $29.0 a year ago. For the year, the company reported sales of $727.8 million against $721.1 million a year ago. Operating earnings were $243.1 million against $308.7 million a year ago. Earnings before income taxes were $131.0 million against $146.6 million a year ago. The decrease was primarily attributable to lower realized metal prices and prior period price adjustments ($58.8 million), lower sales volumes ($18.8 million), unfavorable exchange rates ($12.0 million), and a change in sales mix ($9.5 million), partially offset by higher operating earnings from a full year of production at Aguablanca ($38.4 million). Net earnings were $136.7 million against $123.2 million a year ago. Basic earnings per share were $0.23 against $0.21 a year ago. Cash flow from operations was $153.7 against $194.0 a year ago. Net debt position at December 31, 2013 was $112.1 million compared to a net cash position of $265.1 million at December 31, 2012. For the year, the company reported attributable share of annual production included 50,346 tonnes of copper cathode and 3,060 tonnes of cobalt in hydroxide, exceeding copper production guidance of 50,000 tonnes. The company's attributable share of Tenke's sales included 49,404 tonnes of copper at an average realized price of $3.21/lb and 2,784 tonnes of cobalt at an average realized price of $8.02/lb. For the year 2014, the company expects total production of 8,000 tonnes to 10,000 tonnes. Zinc total attributable is expected to 108,400 tonnes to 116,400 tonnes. Lead total is expected 135,000 tonnes to 145,000 tonnes. Nickel total is expected to 29,000 tonnes to 32,500 tonnes. For the year 2014, the company expected capital expenditures to be $460 million including Eagle and excluding Tenke (compared to $244 million in 2013, on the same basis). The company expects more zinc production this year 2014 than last year 2013 from Zinkgruvan.

Lundin Mining Corporation Reports Production Results for the Fourth Quarter and Full Year of 2013; Revises Production Guidance for the Year 2014

Lundin Mining Corporation reported production results for the fourth quarter and full year of 2013. For the quarter, the company announced total attributable copper of 30,233 tonnes. Production of Zinc was 32,796 tonnes, production of Lead was 7,968 tonnes and production of Nickel was 2,113 tonnes. For the year, the company announced total attributable copper of 116,592 tonnes. Production of Zinc was 124,748 tonnes, production of Lead was 34,370 tonnes and production of Nickel was 7,574 tonnes. For the year 2014, the company expects total attributable copper in the range of 108,400 tonnes to 116,400 tonnes. Zinc in the range of 135,000 tonnes to 145,000 tonnes. Lead in the range of 29,000 tonnes to 32,500 tonnes. Nickel in the range of 8,000 tonnes to 10,000 tonnes. 2014 production guidance has been updated to reflect recent guidance from Freeport on Tenke production and costs.

Lundin Mining Corporation, Q4 2013 Earnings Call, Feb 21, 2014

Lundin Mining Corporation, Q4 2013 Earnings Call, Feb 21, 2014

 

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LUNMF

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Valuation LUNMF Industry Range
Price/Earnings 20.9x
Price/Sales 3.9x
Price/Book 0.8x
Price/Cash Flow 10.1x
TEV/Sales 3.5x
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