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Lundin Mining ( (TSE:LUN) ) has provided an announcement.
Lundin Mining reported strong operational and financial results for the fourth quarter and full year 2024, driven by record copper and zinc production. The formation of Vicuña Corp. is a strategic move to establish Lundin as a leading copper producer, with new mineral resource estimates expected in 2025. Despite a net loss due to non-cash impairments, the company generated substantial free cash flow and aims to reduce debt by selling European assets, Zinkgruvan and Neves-Corvo, by mid-2025.
More about Lundin Mining
Lundin Mining Corporation is a diversified Canadian base metals mining company with operations primarily focused on copper and zinc production. It is engaged in mining, exploration, and development projects, positioning itself as a significant player in the base metals sector.
YTD Price Performance: 0.57%
Average Trading Volume: 273,023
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $7.6B
See more data about LUN stock on TipRanks’ Stock Analysis page.
