Lundin Mining (TSE:LUN) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Lundin Mining Corporation announced a strong second quarter in 2024 with record revenues of $1.1 billion and robust financial metrics, including $461 million in adjusted EBITDA and $338 million in free cash flow, supported by favorable commodity prices and efficient operations. The company is on track to meet its annual production goals for copper, gold, and zinc, and has reduced its capital expenditure forecast by $45 million, signaling a positive outlook for the remainder of the year.
For further insights into TSE:LUN stock, check out TipRanks’ Stock Analysis page.