LUN vs HBM? He owns LUN-T, but not HBM-T as it has a lower beta to the market. They are good at timing their acquisitions and they know how to balance brownfield expansions, while creating cross-commodity diversification. HBM-T has gone through a proxy fight and their CEO has departed -- it is a wait and see company.
LUN vs HBM? He owns LUN-T, but not HBM-T as it has a lower beta to the market. They are good at timing their acquisitions and they know how to balance brownfield expansions, while creating cross-commodity diversification. HBM-T has gone through a proxy fight and their CEO has departed -- it is a wait and see company.
The stock has a 61% upside before reaching the model price. It is acquiring another company which creates some volatility. If it breaks below $7, he thinks the stock will go lower and he would set a stop loss for $7.
The stock has a 61% upside before reaching the model price. It is acquiring another company which creates some volatility. If it breaks below $7, he thinks the stock will go lower and he would set a stop loss for $7.
A couple of weeks ago they came out with a forecast that was not very good, and the stock got whacked. Management and the family behind it think of this in 50-year cycles. They are taking the short-term pain to have a better future opportunity. However, investors just sold not caring what the strategy was. There is an interesting opportunity here because you are investing in a company that is planning for the future. You need patience though. There is no big rush to buy this, but if you want to buy a metal stock, put it away for 5 years and wait for the cycle, you should do fine. They have a good balance sheet and great management and a good leverage to metals. The new price looks good.
A couple of weeks ago they came out with a forecast that was not very good, and the stock got whacked. Management and the family behind it think of this in 50-year cycles. They are taking the short-term pain to have a better future opportunity. However, investors just sold not caring what the strategy was. There is an interesting opportunity here because you are investing in a company that is planning for the future. You need patience though. There is no big rush to buy this, but if you want to buy a metal stock, put it away for 5 years and wait for the cycle, you should do fine. They have a good balance sheet and great management and a good leverage to metals. The new price looks good.
Doesn’t know this company well. He likes to see a company where the stock price has dropped 33% in the past 52 weeks and is trading at the lower end of its 10-year range.
Doesn’t know this company well. He likes to see a company where the stock price has dropped 33% in the past 52 weeks and is trading at the lower end of its 10-year range.
There was a real change of events last week and the week before where there was a very, very negative reaction to the Candelaria mine in Chile, where the walls had collapsed. He finds the commodity space of metals, minerals, oils, gas a tough place to be because of volatility. A lot are very capital-intensive projects, and when something goes wrong, it is very costly, and very costly to shareholders. It’s always been too volatile for his liking.
There was a real change of events last week and the week before where there was a very, very negative reaction to the Candelaria mine in Chile, where the walls had collapsed. He finds the commodity space of metals, minerals, oils, gas a tough place to be because of volatility. A lot are very capital-intensive projects, and when something goes wrong, it is very costly, and very costly to shareholders. It’s always been too volatile for his liking.
Hudbay (HBM-T) or Lundin Mining (LUN-T)? The great, great history going back in time is Hudbay. The shorter-term great history is this one, and has been much more active on the world scene. Very successful and one of the few decent sized names. We are not marching to great heights with these companies. He holds both.
Hudbay (HBM-T) or Lundin Mining (LUN-T)? The great, great history going back in time is Hudbay. The shorter-term great history is this one, and has been much more active on the world scene. Very successful and one of the few decent sized names. We are not marching to great heights with these companies. He holds both.
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 4
Neutral - Hold Signals / Votes : 1
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 5
Lundin Mining Corp. is a Canadian stock, trading under the symbol LUN-T on the Toronto Stock Exchange (LUN-CT). It is usually referred to as TSX:LUN or LUN-T
In the last year, 5 stock analysts published opinions about LUN-T. 4 analysts recommended to BUY the stock. 0 analyst recommended to SELL the stock. The latest stock analyst recommendation is TOP PICK. Read the latest stock experts' ratings for Lundin Mining Corp..
Lundin Mining Corp. was recommended as a Top Pick by Hap (Robert) Sneddon FCSI on 2020-02-24. Read the latest stock experts ratings for Lundin Mining Corp..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
5 stock analysts on Stockchase covered Lundin Mining Corp. In the last year. It is a trending stock that is worth watching.
On 2020-02-27, Lundin Mining Corp. (LUN-T) stock closed at a price of $6.87.
