Lonmin Plc Has Another Very Weak Trading Session

 Lonmin Plc Has Another Very Weak Trading Session

The stock of Lonmin Plc (LON:LMI) is a huge mover today! The stock increased 2.53% or GBX 4.29 on November 24, hitting GBX 174.04. About 1.21M shares traded hands. Lonmin Plc (LON:LMI) has declined 3.73% since April 27, 2016 and is downtrending. It has underperformed by 9.14% the S&P500.
The move comes after 8 months negative chart setup for the GBX 494.19 million company. It was reported on Nov, 24 by Barchart.com. We have GBX 163.60 PT which if reached, will make LON:LMI worth GBX 29.65M less.

Lonmin Plc (LON:LMI) Ratings Coverage

Out of 21 analysts covering Lonmin PLC (LON:LMI), 4 rate it a “Buy”, 11 “Sell”, while 6 “Hold”. This means 19% are positive. Lonmin PLC has been the topic of 116 analyst reports since July 24, 2015 according to StockzIntelligence Inc. The company was maintained on Friday, May 6 by Deutsche Bank. On Thursday, February 4 the stock rating was maintained by J.P. Morgan with “Overweight”. AlphaValue maintained Lonmin Plc (LON:LMI) on Thursday, August 6 with “Buy” rating. The stock has “Neutral” rating given by Goldman Sachs on Tuesday, November 3. AlphaValue maintained Lonmin Plc (LON:LMI) on Thursday, August 13 with “Buy” rating. On Thursday, October 22 the stock rating was maintained by Barclays Capital with “Underweight”. Citigroup maintained the stock with “Neutral” rating in Wednesday, November 11 report. Peel Hunt maintained the stock with “Sell” rating in Wednesday, November 16 report. As per Wednesday, March 23, the company rating was maintained by Deutsche Bank. On Wednesday, February 17 the stock rating was maintained by Deutsche Bank with “Sell”.

More recent Lonmin Plc (LON:LMI) news were published by: Fool.Co.Uk which released: “Could Lonmin Plc Be On The Verge Of A Stunning Turnaround?” on January 22, 2016. Also Fool.Co.Uk published the news titled: “Where Next For Lonmin Plc?” on November 24, 2015. Fool.Co.Uk‘s news article titled: “Are Gem Diamonds Limited, Antofagasta plc and Lonmin plc top buys today?” with publication date: July 19, 2016 was also an interesting one.

Lonmin PLC is a producer of platinum group metals . The company has a market cap of 494.19 million GBP. The Firm explores, mines, refines and markets PGMs, including platinum, palladium, rhodium, iridium, ruthenium and gold. It currently has negative earnings. The Company’s divisions include PGM Operations, Evaluation and Exploration.

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