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Lundin Mining ( (TSE:LUN) ) has provided an announcement.
Lundin Mining has received a ruling from the Supreme Court of Canada, which upholds a previous decision allowing a securities class action to proceed regarding the timing of disclosure of a 2017 pit wall instability and rockslide at the Candelaria Mine in Chile. The class action will now move forward in the Ontario Superior Court of Justice, with Lundin Mining planning to vigorously defend itself. This development could have implications for the company’s legal strategy and stakeholder relations, although no decision has been made on the merits of the case.
The most recent analyst rating on (TSE:LUN) stock is a Hold with a C$150.00 price target. To see the full list of analyst forecasts on Lundin Mining stock, see the TSE:LUN Stock Forecast page.
More about Lundin Mining
Lundin Mining is a diversified Canadian base metals mining company with operations in Argentina, Brazil, Chile, and the United States, primarily producing copper, gold, and nickel.
Average Trading Volume: 2,831,034
Technical Sentiment Signal: Buy
Current Market Cap: C$21.95B
For an in-depth examination of LUN stock, go to TipRanks’ Overview page.