TORONTO (AP) _ Lundin Mining Corp. (LUNMF) on Wednesday reported first-quarter net income of $135.2 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Toronto-based company said it had net income of 18 cents. Earnings, adjusted for non-recurring costs, were 20 cents per share.
The base metals mining company posted revenue of $681.5 million in the period.
Lundin shares have risen 44% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $12.85, more than doubling in the last 12 months.
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