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MarketScreener Homepage  >  Equities  >  Toronto Stock Exchange  >  Lundin Mining Corporation    LUN   CA5503721063

LUNDIN MINING CORPORATION

(LUN)
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Delayed Quote. Delayed Toronto Stock Exchange - 04/24 12:21:21 pm
7.445 CAD   -0.60%
04/20Copper-Mine Deal Weighed in Chile As Prices Increase -- WSJ
DJ
04/15LUNDIN MINING : Announces Details of Annual Meeting
AQ
04/15LUNDIN MINING : signs deal to buy Chapada mine in Brazil from Yamana Gold
AQ
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Lundin Mining to Buy Yamana Gold's Total Stake in Copper-Gold Mine Owner for $800 Million

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04/15/2019 | 07:36am EDT

By Allison Prang

Lundin Mining Corp. (LUN.T) is buying Yamana Gold Inc.'s (AUY, YRI.T) complete stake in Mineracao Maraca Industria e Comercio S/A for $800 million in cash, Lundin said Monday.

Mineracao Maraca Industria e Comercio owns the Brazil copper-gold mine called Chapada.

Lundin, which is based in Toronto, also said that Yamana will get a contingent consideration of as much as $125 million over five years if specific thresholds for the price of gold are met. Yamana also will get contingent consideration of $100 million on a pyrite roaster possibly being built, Lundin said.

Yamana will keep a 2% net smelter return "royalty on future gold production from the Suruca gold deposit," Lundin said.

Write to Allison Prang at allison.prang@wsj.com

Stocks mentioned in the article
ChangeLast1st jan.
GOLD 0.45% 1276.4 Delayed Quote.-0.59%
LUNDIN MINING CORPORATION -0.53% 7.445 Delayed Quote.32.80%
YAMANA GOLD INC. 3.25% 3.015 Delayed Quote.-9.03%
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Latest news on LUNDIN MINING CORPORATION
04/20Copper-Mine Deal Weighed in Chile As Prices Increase -- WSJ
DJ
04/17LUNDIN MINING : grabs Brazilian mine from Yamana in $1B deal
AQ
04/16LUNDIN MINING : to Acquire Chapada Copper Mine in Brazil
AQ
04/15LUNDIN MINING : Announces Details of Annual Meeting
AQ
04/15LUNDIN MINING : signs deal to buy Chapada mine in Brazil from Yamana Gold
AQ
04/15Lundin Mining to Buy Yamana Gold's Total Stake in Copper-Gold Mine Owner for ..
DJ
04/15LUNDIN MINING : to Acquire Chapada Copper Mine in Brazil
AQ
04/01LUNDIN MINING : to Release First Quarter 2019 Results April 24, 2019
AQ
03/22Toronto Stock Exchange falls 0.96 percent to 16,089.33
RE
03/21LUNDIN MINING CORPORATION : Ex-dividend day for
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Financials ($)
Sales 2019 1 896 M
EBIT 2019 381 M
Net income 2019 265 M
Finance 2019 524 M
Yield 2019 1,73%
P/E ratio 2019 19,29
P/E ratio 2020 10,47
EV / Sales 2019 1,89x
EV / Sales 2020 1,46x
Capitalization 4 106 M
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Technical analysis trends LUNDIN MINING CORPORATION
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 23
Average target price 6,99 $
Spread / Average Target 25%
EPS Revisions
Managers
NameTitle
Marie Inkster President, Chief Executive Officer & Director
Lukas Henrik Lundin Chairman
Peter Richardson Chief Operating Officer & Vice President
Jinhee Magie Chief Financial Officer & Senior Vice President
Stephen T. Gatley Vice President-Technical Services
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