
TSE:LUN
This summary was created by AI, based on 4 opinions in the last 12 months.
Experts have mixed opinions on Lundin Mining Corp. (LUN-T), particularly in the context of the copper market. While some see it as a strong long-term play due to its solid management and balance sheet, there are warnings about potential pullbacks in the near term as 'smart money' has begun selling. The consensus indicates that, despite strong past performance, the stock might be a bit extended. There's a general acknowledgment of the cyclicality in the copper sector, which could affect short-term performance. Nevertheless, Lundin Mining is noted for its strategic position in a market where demand may eventually outstrip supply.
On his radar screen but is looking for a little bit more positive direction and momentum on copper prices. Copper and the other base metal complexes have had a very hard time as a result of concerns over China. A little bit nervous about China given the recent data on inflation as well as the lending situation with some of the shadow banking in the country. This price is a very good place to establish an investment in the company. Extremely clean balance sheet.
This group is hated and under owned and there are not a lot of these copper producers around. Thinks the stock is being accumulated.