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$1.79 -0.14 (-7.25%)
10/10/2008 4:07 PM

Lundin Mining Corp (USA) (LMC)

CAPS Rating:
*****

The Company is a rapidly growing mining and exploration company engaged in the extraction, development, acquisition and discovery of base metal deposits internationally.

Rating a stock in CAPS consists of three components:

Your call - Will this stock outperform or underperform the S&P 500? Successful picks are measured in terms of whether or not you were correct and by how many percentage points.

Your time frame - A guideline for other members to see whether your thinking is short or long-term. Time frame is also used to calculate the stock rating, but is not used in the scoring of your pick.

Your pitch - Here's your chance to offer more detailed thoughts, analysis, concerns, or the rationale behind your call. The pitch is optional and may be added later.

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What the Community Thinks

Total Members

989 Outperforms
32 Underperforms
 

All-Stars

170 Outperforms
3 Underperforms
 

Wall Street

3 Outperforms
1 Underperforms
 

Members bullish on LMC are also bullish on:

Members bearish on LMC are also bearish on:

Ticker Tags

Zinc (9), Silver (21), Copper (24), Industrial Metals & Minerals (59), Mid Cap (670), Mining Exploration (80)
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Lundin Mining Corp (USA) At A Glance

Current Price: $1.79
Last Trade Time: 10/10/2008 4:07 PM
Open: $1.73
Previous Close: $1.93
Daily Range: $1.47 - $1.93
52-Week Range: $1.75 - $14.27
Volume: 2,096,064
Market Cap: $1.43B
P/E Ratio: 5.62
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Stock Trends

LMC VS S&P 500 (SPY)

LMC 12 month chart vs. S&P

News & Discussion Boards

Other News Headlines for LMC

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Top Bull Pitch

Recs

3

Lundin Mining Corp (USA) (LMC)

Avatar LimoDriver1971 (< 20) Submitted: 7/25/08 3:37 PM

Ok - quick synopsis.


Copper up 5% in 08 already. Zinc prices up 6.6% short term with possible slight drop, but higher production numbers, Lead prices up 10.4% short term. No sign of slowing.


Throw the numbers in the cauldron, and . . . . . .


* LMC mines and proc...More

Replies: 0 | Reply | Permalink

Top Bear Pitch

Recs

2

Lundin Mining Corp (USA) (LMC)

Avatar backforwardstop (< 20) Submitted: 6/27/08 10:00 AM

Something terrible must be covered in this company. Will get out soon.

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CAPS Members

picks per page. CHANGE

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Recs

0

 (LMC)

Avatar dpid (< 20) Submitted: 10/09/08 1:14 PM : Outperform Start Price: $2.01 LMC Score: -1.68

Small Cap
Basic Materials
5 Star picking 8/9/8 and 6/30/8
at least 15 picks
at least 15 all star picks (out- or under- perform)

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Recs

0

 (LMC)

Avatar jmnmlm (67.07) Submitted: 10/07/08 1:47 PM : Outperform Start Price: $2.03 LMC Score: 1.46

price too low

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Recs

0

 (LMC)

Avatar istilldontcare (26.94) Submitted: 10/06/08 8:46 PM : Outperform Start Price: $2.29 LMC Score: -4.69

5 Star rating w/ P/E Ratio of 5.62 following a significant drop in market the previous day. Price near 52 wk low w/ a range of 2.47-14.31. Currently losing to the SPY by about 50%. Trying to rate at a low point for long term returns. Hold till price reaches about $5.00 and re-evaluate.

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Recs

0

 (LMC)

Avatar kenedw (44.95) Submitted: 10/02/08 1:21 PM : Outperform Start Price: $2.63 LMC Score: -10.65

play on metal

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Recs

0

 (LMC)

Avatar savagetax (54.17) Submitted: 9/22/08 4:42 PM : Outperform Start Price: $3.48 LMC Score: -21.84

I don't really want to pick outperform. I really just wanted the space to talk about the stock.

The company seems to be sound except for their recent acquisitons, which have been a major drain on cash flow and earnings. Starting with Q4 2007, the assets Lundin got in the acquisitions incurred a major impairment. The impairment itself created an operating loss for that quarter, and their debt ratios have been slowly creeping up on them. It appears that the fallout from those acquisitions has left them somewhat overleveraged.

Looking at their financial statements, if you take out the aquisitions and their related financing, the company seems like a gem. But they may have bitten off more than they can chew.

I'm gonna give em the green thumb with the hope that the impairment storm has passed and they can get their financial house back in order. But IRL, after a bit of DD I think I would pass this one over fairly easily. The potential downside is significant.

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Wall Street

Results 1 - 4 of 4  

picks per page. CHANGE

Top
Pick
Member NameMember RatingStart
Date
CallTime FrameStart
Price
Stock
Gain
S&P
Gain
ScorePitch
TrackJimCramer 81.55 04/08/08 Underperform 3W $7.67-76.66%-35.32%+41.35
TrackRBCCapMkts 84.11 02/15/08 Outperform NS $7.83-77.14%-34.25%-42.89
TrackCreditSuiss 82.04 11/14/07 Outperform NS $10.98-83.70%-40.69%-43.01
TrackWIG 94.16 10/16/07 Outperform 5Y $13.43-86.67%-42.49%-44.18

Results 1 - 4 of 4  

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