Lundin Mining Corp (USA) (LMC)

cshenoy (< 20) Submitted: 9/28/07 4:49 PM : Start Price: $12.79 LMC Score: -43.05

Stable company in a stable sector which helps during uncertain times (falling dollar, US economy recession speculations, etc). They have a tremendous growth potential as they open new mines and acquire other mining companies. The family (Lundin) is steadily increasing their ownership in the company which is a good sign of stability and growth. LMC produces and sells Zinc, Copper, Lead, and Silver. Also, copper prices are on the rise.

They also have stakes in other metal producing mines which helps their revenues but does not heavily affect their operating costs. Thus producing great margins.

Report this Post Replies: 0 | Reply | Permalink