Lundin Mining (Sweden) Today
| LUMI Stock | SEK 119.90 2.90 2.36% |
Performance23 of 100
| Odds Of DistressLess than 10
|
Lundin Mining is selling for under 119.90 as of the 17th of April 2024; that is -2.36% down since the beginning of the trading day. The stock's last reported lowest price was 117.8. Lundin Mining has less than a 10 % chance of experiencing some financial distress in the next two years of operation and had a solid performance during the last 90 days. Equity ratings for Lundin Mining are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of October 2023 and ending today, the 17th of April 2024. Click here to learn more.
Lundin Mining Corporation, a diversified base metals mining company, engages in the exploration, development, and mining of mineral properties in Brazil, Chile, Portugal, Sweden, and the United States. Lundin Mining Corporation was incorporated in 1994 and is headquartered in Toronto, Canada. The company has 770.95 M outstanding shares. More on Lundin Mining
Moving together with Lundin Stock
| 0.75 | KLIMAT | Klimator AB | PairCorr |
Moving against Lundin Stock
| 0.62 | NICA | Nanologica AB | PairCorr |
| 0.61 | BEO-SDB | Beowulf Mining PLC | PairCorr |
| 0.58 | CINIS | Cinis Fertilizer | PairCorr |
Follow Valuation Odds of Bankruptcy
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Lundin Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Lundin Mining's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Lundin Mining or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO Director | Peter Rockandel |
| Thematic Ideas | (View all Themes) |
| Business Concentration | Heavy Metals, Copper, Silver, Copper, Basic Materials (View all Sectors) |
Lundin Mining (LUMI) is traded on Stockholm Exchange in Sweden and employs 4,567 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 55.99 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Lundin Mining's market, we take the total number of its shares issued and multiply it by Lundin Mining's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Lundin Mining operates under Basic Materials sector and is part of Copper industry. The entity has 770.95 M outstanding shares.
Lundin Mining has accumulated about 294.91 M in cash with 1.48 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.4.
Check Lundin Mining Probability Of Bankruptcy
Ownership AllocationLundin Mining holds a total of 770.95 Million outstanding shares. 30% of Lundin Mining outstanding shares are owned by institutional investors. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Lundin Ownership Details
Lundin Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of Lundin Mining jumping above the current price in 90 days from now is under 4%. The Lundin Mining probability density function shows the probability of Lundin Mining stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Lundin Mining has a beta of -0.7007. This indicates as returns on the benchmark increase, returns on holding Lundin Mining are expected to decrease at a much lower rate. During a bear market, however, Lundin Mining is likely to outperform the market. Additionally, lundin Mining has an alpha of 0.6448, implying that it can generate a 0.64 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Lundin Mining to move above the current price in 90 days from now is under 4 (This Lundin Mining probability density function shows the probability of Lundin Stock to fall within a particular range of prices over 90 days) .
Lundin Mining Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Lundin Mining market risk premium is the additional return an investor will receive from holding Lundin Mining long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Lundin Mining. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Lundin Mining's alpha and beta are two of the key measurements used to evaluate Lundin Mining's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.84 | |||
| Semi Deviation | 1.34 | |||
| Standard Deviation | 2.47 | |||
| Variance | 6.12 |
Lundin Stock Against Markets
Picking the right benchmark for Lundin Mining stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Lundin Mining stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Lundin Mining is critical whether you are bullish or bearish towards Lundin Mining at a given time. Please also check how Lundin Mining's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Lundin Mining without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Alpha FinderUse alpha and beta coefficients to find investment opportunities after accounting for the risk |
| All Next | Launch Module |
Lundin Mining Corporate Management
Elected by the shareholders, the Lundin Mining's board of directors comprises two types of representatives: Lundin Mining inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Lundin. The board's role is to monitor Lundin Mining's management team and ensure that shareholders' interests are well served. Lundin Mining's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Lundin Mining's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Patrick Boitumelo | VP Growth | Profile | |
| Juan Morel | VP COO | Profile | |
| Kristen Mariuzza | Health Sustainability | Profile | |
| Quinn Yong | VP Strategy | Profile | |
| Andrew Hastings | Sr Counsel | Profile | |
| Jack Lundin | President | Profile |
How to buy Lundin Stock?
Before investing in Lundin Mining, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Lundin Mining. To buy Lundin Mining stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Lundin Mining. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Lundin Mining stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Lundin Mining stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Lundin Mining stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Lundin Mining, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Lundin Mining?
The danger of trading Lundin Mining is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Lundin Mining is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Lundin Mining. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Lundin Mining is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lundin Mining. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Complementary Tools for Lundin Stock analysis
When running Lundin Mining's price analysis, check to measure Lundin Mining's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lundin Mining is operating at the current time. Most of Lundin Mining's value examination focuses on studying past and present price action to predict the probability of Lundin Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lundin Mining's price. Additionally, you may evaluate how the addition of Lundin Mining to your portfolios can decrease your overall portfolio volatility.
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