Lundin Mining Corporation (TSX LUN NY LMC) modified Apr 30, 2010
Lundin Mining Corporation is a rapidly growing, diversified
base metals mining company with operations in Portugal, Spain, Sweden and
Ireland. The Company currently has six mines in operation producing copper,
nickel, lead and zinc ( Neves-Corvo and Aljustrel in Portugal, Zinkgruvan and
Storliden in Sweden, Galmoy in Ireland and Aguablanca in Spain).
In addition, Lundin Mining holds a development project
pipeline which includes the world class Tenke Fungurume copper/cobalt project in
the Democratic Republic of Congo and the Ozernoe zinc project in Russia as well
as major expansion programs at its Neves-Corvo and Zinkgruvan mines.
Recent News: Lundin Mining Announces Potential Unsolicited Take-Over Bid
Inmet and Lundin Announce Merger of Equals to Create Symterra Corporation
Lundin Announces Successful Completion of Tenke Fungurume Contract Review Process
Lundin Mining Corporation: Neves-Corvo Copper Mine Industrial Action Cancelled
CORRECTION FROM SOURCE: Lundin Mining Releases 2010 First Quarter Results
Lundin Mining Releases 2009 Fourth Quarter Results
Onno Rutten ............UBS….Apr 05, 2011
Downgraded to NEUTRAL from BUY
Target $8.90Cdn
LUN Price day before:$8.00Finish day posting$7.96Current $7.96
-------Mar 30, 2011--------
Maintained BUY
Target raised to $8.90 from $8.10Cdn
LUN Price day before:$7.59Finish day posting$7.96Current $7.96
-------Feb 24, 2011-------
Maintained BUY
Target reduced to $7.35 from $8.00Cdn
LUN Price day before:$6.46Finish day posting$6.46Current $7.96
--------Oct 22, 2010-----
Upgraded to BUY from NEUTRAL
LUN Price day before:$6.31Finish day posting$6.75Current $7.96
-----Oct 19, 2010-----
Downgraded to NEUTRAL from BUY
Target $5.70Cdn
LUN Price day before:$5.76Finish day posting$5.47Current $7.96
------Sept 21, 2009-----
Maintained BUY
Target reduced to $4.70 from $5.40Cdn (Target Hit Oct 20, 2009)
LUN Price day before:$3.91Finish day posting$3.81Current $7.96
---------Sept 01, 2009------
Maintained BUY
Target raised to $5.40 from $4.10Cdn
LUN Price day before:$3.72Finish day posting$3.71Current $7.96
------Mar 27, 2009---
Upgraded to BUY from NEUTRAL (Target Hit Apr 02, 2009)
Target raised to $2.20 from $0.80Cdn
LUN Price day before:$1.70Finish day posting$1.95Current $7.96
------Mar 02, 2009------
Upgraded to NEUTRAL from SELL
Target raised to $0.80 from $0.90Cdn
LUN Price day before:$0.76Finish day posting$0.80Current $7.96
-----Jan 26, 2009----
Downgraded to SELL from NEUTRAL
Price Target reduced to $0.90 from $1.55Cdn
LUN Price day before:$0.92Finish day posting$0.95Current $7.96
-----Jan 08, 2009----
Maintained NEUTRAL
Target reduced to $1.55 from $1.90Cdn
LUN Price day before:$1.42Finish day posting$1.43Current $7.96
------Oct 31, 2008-------
Downgraded to NEUTRAL from BUY
Target reduced to $1.90 from $3.50Cdn
LUN Price day before:$1.78Finish day posting$1.80Current $7.96
************
Cliff Hale-Sanders….Cormark Securities….Apr 05, 2011
Downgraded to MARKET PERFORM from BUY
Target $8.90Cdn
LUN Price day before:$8.00Finish day posting$7.96Current $7.96
-------Mar 18, 2011-----
Upgraded to BUY from MARKET PERFORM
Target $8.75Cdn
LUN Price day before:$7.09Finish day posting$7.34Current $7.96
-------Jan 13, 2011------
Downgraded to MARKET PERFORM from BUY
Target $8.75Cdn
LUN Price day before:$7.90Finish day posting$7.75Current $7.96
--------Jan 10, 2011-------
Upgraded to BUY from MARKET PERFORM
Target raised to $8.75 from $7.00Cdn
LUN Price day before:$7.07Finish day posting$7.11Current $7.96
-------Oct 22, 2010--------
Maintained MARKET PERFORM
Target raised to $6.50 from $6.00Cdn
LUN Price day before:$6.31Finish day posting$6.75Current $7.96
-----Sept 24, 2010-------
Maintained MARKET PERFORM
Target raised to $6.00 from $5.00Cdn (Target Hit Oct 21, 2010)
LUN Price day before:$4.60Finish day posting$4.52Current $7.96
------May 31, 2010--------
Maintained MARKET PERFORM
Target reduced to $5.00 from $5.75Cdn (Target Hit Sept 28, 2010)
LUN Price day before:$3.92Finish day posting$4.09Current $7.96
------Apr 01, 2010--------
Downgraded to MARKET PERFORM from BUY
LUN Price day before:$5.39Finish day posting$5.51Current $7.96
------Dec 14, 2009-------
Upgraded to BUY from MARKET PERFORM
LUN Price day before:$4.20Finish day posting$4.25Current $7.96
--------Nov 23, 2009-----
Maintained MARKET PERFORM
Target raised to $5.75 from $5.00Cdn
LUN Price day before:$4.74Finish day posting$4.68Current $7.96
--------Sept 17, 2009-----
Downgraded to MARKET PERFORM from BUY
LUN Price day before:$4.17Finish day posting$3.89Current $7.96
--------July 16, 2009-----
New BUY
Target $4.50 (Target Hit Oct 19, 2009)
LUN Price day before:$3.23Finish day posting$3.18Current $7.96
**********
Orest Wowkodaw...........Canaccord/Adams….Mar 31, 2011
Maintained BUY
Target raised to $9.50 from $8.75Cdn
LUN Price day before:$7.96Finish day posting$8.05Current $7.96
-------Feb 25, 2011---------
Maintained BUY
Target reduced to $8.75 from $9.00Cdn
LUN Price day before:$6.46Finish day posting$6.45Current $7.96
------Dec 13, 2010---------
Maintained BUY
Target raised to $8.00 from $7.25Cdn
LUN Price day before:$7.14Finish day posting$7.18Current $7.96
-----Nov 29, 2010--------
Upgraded to BUY from HOLD
Target $7.25Cdn (Target Hit Dec 06, 2010)
LUN Price day before:$6.18Finish day posting$6.36Current $7.96
------Nov 19, 2010-------
Downgraded to HOLD from BUY
Target $7.25Cdn
LUN Price day before:$6.39Finish day posting$6.60Current $7.96
------Oct 28, 2010-----
Target raised to $7.25 from $6.15Cdn
LUN Price day before:$6.31Finish day posting$6.50Current $7.96
------July 12, 2010---------
Maintained BUY
Target reduced to $5.00 from $5.85Cdn (Target Hit Sept 28, 2010)
LUN Price day before:$3.78Finish day posting$3.74Current $7.96
-------Apr 30, 2010-------
Maintained BUY
Target reduced to $5.85 from $6.00Cdn
LUN Price day before:$4.94Finish day posting$4.79Current $7.96
-------Feb 25, 2010------
Maintained BUY
Target $6.00Cdn
LUN Price day before:$4.45Finish day posting$4.45Current $7.96
------Jan 15, 2010---------
Maintained BUY
Target raised to $6.00 from $5.25Cdn
LUN Price day before:$5.02Finish day posting$4.94Current $7.96
--------Oct 30, 2009-----
Maintained HOLD
Target raised to $5.00 from $4.15Cdn (Target Hit Mar 10, 2010)
LUN Price day before:$4.41Finish day posting$4.35Current $7.96
---------Sept 28, 2009----------
Maintained HOLD
Target raised to $4.15 from $3.75Cdn (Target Hit Oct 14, 2009)
LUN Price day before:$3.64Finish day posting$3.62Current $7.96
---------May 01, 2009--------
Maintained HOLD
Target raised to $2.40 from $0.90Cdn
LUN Price day before:$2.17Finish day posting$2.50Current $7.96
------Feb 27, 2009----
Target reduced to $0.90 from $1.00Cdn (Target Hit Mar 05, 2009)
LUN Price day before:$0.74Finish day posting$0.76Current $7.96
------Jan 26, 2009----
Maintained HOLD
Target reduced to $1.00 from $1.65Cdn (Target Hit)
LUN Price day before:$0.92Finish day posting$0.95Current $7.96
------Nov 24, 2008------
Maintained HOLD
Price Target $1.35Cdn
LUN Price day before:$1.05Finish day posting$0.95Current $7.96
**********
David Davidson........Paradigm….Feb 25, 2011
Upgraded to BUY from HOLD
Target raised to $9.00 from $7.50Cdn
LUN Price day before:$6.46Finish day posting$6.45Current $7.96
------Jan 17, 2011-------
Downgraded to HOLD from BUY
LUN Price day before:$7.66Finish day posting$7.60Current $7.96
----Apr 30, 2010-----
Target raised to $6.00 from $5.75Cdn (Target Hit Oct 21, 2010)
LUN Price day before:$4.94Finish day posting$4.79Current $7.96
---Feb 27, 2009----
Downgraded to HOLD from BUY
LUN Price day before:$0.74Finish day posting$0.76Current $7.96
************
David Cotterell….BMO Capital Markets….Jan 14, 2011
Downgraded to MARKET PERFORM from OUTPERFORM
LUN Price day before:$7.75Finish day posting$7.66Current $7.96
-------Oct 16, 2009-------
Upgraded to OUTPERFORM from MARKET PERFORM
Target raised to $5.25 from $4.00Cdn (Target Hit Sept 29, 2010)
LUN Price day before:$4.16Finish day posting$4.35Current $7.96
-------Sept 04, 2009--------
New MARKET PERFORM
Target $4.00Cdn
LUN Price day before:$3.96Finish day posting$3.95Current $7.96
************
Kerry Smith............Haywood….Dec 16, 2010
Maintained SECTOR PERFORM
Target raised to $7.50 from $7.15Cdn
LUN Price day before:$6.91Finish day posting$6.71Current $7.96
------Oct 28, 2010-----
Maintained SECTOR PERFORM
Target reduced to $7.15 from $7.40Cdn
LUN Price day before:$6.31Finish day posting$6.50Current $7.96
------Apr 30, 2010-----
Downgraded to SECTOR PERFORM from OUTPERFORM
LUN Price day before:$4.94Finish day posting$4.79Current $7.96
-----Oct 21, 2009-----
Maintained OUTPERFORM
Target raised to $5.50 from $4.50Cdn (Target Hit Mar 31, 2010)
LUN Price day before:$4.53Finish day posting$4.67Current $7.96
--------Aug 07, 2009-------
Maintained OUTPERFORM
Target raised to $4.50 from $3.55Cdn (Target Hit Oct 19, 2009)
LUN Price day before:$3.89Finish day posting$3.98Current $7.96
------May 29, 2009-----
Target raised to $3.55 from $3.25Cdn (Target Hit Aug 04, 2009)
LUN Price day before:$2.61Finish day posting$2.63Current $7.96
-----May 08, 2009------
Target raised to $3.25 from $2.75Cdn (Target Hit June 11, 2009)
LUN Price day before:$2.57Finish day posting$2.93Current $7.96
------Feb 27, 2009-------
Target raised to $1.50 from $1.25Cdn (Target Hit Mar 26, 2009)
LUN Price day before:$0.74Finish day posting$0.76Current $7.96
-------Feb 03, 2009------
Target reduced to $1.25 from $4.50Cdn (Target Hit Mar 18, 2008)
LUN Price day before:$0.80Finish day posting$0.81Current $7.96
------Nov 14, 2008--------
Price Target reduced to $4.50 from $5.40Cdn
LUN Price day before:$1.72Finish day posting$1.52Current $7.96
--------Oct 20, 2008------
Target reduced to $5.00 from $11.00Cdn
LUN Price day before:$1.97Finish day posting$2.13Current $7.96
************
Lawrence Smith...........Scotia Capital…..Dec 13, 2010
Maintained SECTOR PERFORM
Target reduced to $8.00 from $8.75Cdn
LUN Price day before:$7.14Finish day posting$7.18Current $7.96
-------Nov 18, 2010--------
Maintained SECTOR PERFORM
Target raised to $8.75 from $7.50Cdn
LUN Price day before:$6.39Finish day posting$6.39Current $7.96
------Oct 25, 2010------
Maintained SECTOR PERFORM
Target raised to $7.50 from $7.00Cdn
LUN Price day before:$6.75Finish day posting$6.90Current $7.96
-------July 14, 2010-----
Maintained SECTOR PERFORM
Target reduced to $7.00 from $6.85Cdn (Target Hit Oct 22, 2010)
LUN Price day before:$3.78Finish day posting$3.73Current $7.96
-------Apr 30, 2010------
Maintained SECTOR PERFORM
Target reduced to $6.80 from $6.85Cdn (Target Hit Oct 22, 2010)
LUN Price day before:$4.94Finish day posting$4.79Current $7.96
------Jan 11, 2010-----
Maintained SECTOR PERFORM
Target raised to $6.85 from $5.00Cdn
LUN Price day before:$4.89Finish day posting$5.11Current $7.96
--------Oct 15, 2009--------
Maintained SECTOR PERFORM
Target raised to $5.35 from $4.15Cdn (Target Hit Mar 30, 2010)
LUN Price day before:$4.13Finish day posting$4.16Current $7.96
--------Aug 07, 2009-------
Maintained SECTOR PERFORM
Target raised to $3.80 from $3.75Cdn
LUN Price day before:$3.89Finish day posting$3.98Current $7.96
-------June 24, 2009-------
Downgraded to SECTOR PERFORM from OUTPERFORM
Target $3.75Cdn (Target Hit Aug 04, 2009)
LUN Price day before:$3.04Finish day posting$3.20Current $7.96
-----May 05, 2009------
Maintained OUTPERFORM
Target raised to $3.50 from $2.70Cdn (Target Hit Aug 04, 2009)
LUN Price day before:$2.68Finish day posting$2.65Current $7.96
-------Apr 28, 2009------
Maintained OUTPERFORM
Target reduced to $2.70 from $2.75Cdn (Target Hit May 04, 2008)
LUN Price day before:$2.20Finish day posting$2.12Current $7.96
------Mar 16, 2009-----
Upgraded to OUTPERFORM from SECTOR PERFORM
Price Target $1.30Cdn (Target Hit Mar 19, 2008)
LUN Price day before:$1.05Finish day posting$1.10Current $7.96
-------Jan 26, 2009------
Maintained SECTOR PERFORM
Price Target reduced to $1.50 from $2.50Cdn
LUN Price day before:$0.92Finish day posting$0.95Current $7.96
-----Nov 21, 2008------
Price Target reduced to $2.50 from $3.00Cdn
LUN Price day before:$1.01Finish day posting$1.05Current $7.96
**********
Greg Barnes ............TD NewCrest….Dec 01, 2010
Upgraded to BUY from HOLD
Target raised to $8.00 from $7.50Cdn
LUN Price day before:$6.61Finish day posting$7.04Current $7.96
------Oct 25, 2010-------
Downgraded to HOLD from BUY
Target raised to $7.50 from $7.00Cdn (Target Hit)
LUN Price day before:$6.75Finish day posting$6.90Current $7.96
------Oct 08, 2010-------
Maintained BUY
Target raised to $7.00 from $6.00Cdn (Target Hit Oct 25, 2010)
LUN Price day before:$5.54Finish day posting$5.65Current $7.96
-------June 21, 2010-------
Maintained BUY
Target reduced to $6.00 from $6.50Cdn (Target Hit Oct 21, 2010)
LUN Price day before:$3.70Finish day posting$3.78Current $7.96
------Apr 30, 2010-------
Maintained BUY
Target reduced to $6.50 from $7.00Cdn (missed target)
LUN Price day before:$4.94Finish day posting$4.79Current $7.96
------Feb 23, 2010-------
Maintained BUY
Target $7.00Cdn (missed target)
LUN Price day before:$4.50Finish day posting$4.44Current $7.96
-------Oct 30, 2009--------
Maintained BUY
Target raised to $5.50 from $5.00Cdn (Target Hit Mar 31, 2010)
LUN Price day before:$4.41Finish day posting$4.35Current $7.96
---------Oct 23, 2009--------
Maintained BUY
Target $5.00Cdn (Target Hit Mar 10, 2010)
LUN Price day before:$4.67Finish day posting$4.52Current $7.96
--------July 07, 2009------
Maintained BUY
Target $4.00Cdn (Target Hit Aug 07, 2009)
LUN Price day before:$3.09Finish day posting$3.03Current $7.96
--------May 08, 2009-------
Upgraded to BUY from HOLD
Target raised to $3.25 from $2.25Cdn (Target Hit June 11, 2009)
LUN Price day before:$2.57Finish day posting$2.93Current $7.96
------Apr 07, 2009-------
Maintained HOLD
Target $2.25Cdn (Target Hit)
LUN Price day before:$2.06Finish day posting$2.03Current $7.96
-------Feb 27, 2009------
Maintained HOLD
Target reduced to $1.00 from $1.60Cdn (Target Hit Mar 05, 2009)
LUN Price day before:$0.74Finish day posting$0.76Current $7.96
--------Jan 26, 2009-----
Maintained HOLD
Target reduced to $1.25 from $1.50Cdn
LUN Price day before:$0.92Finish day posting$0.95Current $7.96
------Nov 24, 2008-------
Maintained HOLD
Target reduced to $2.00 from $2.50Cdn
LUN Price day before:$1.05Finish day posting$0.95Current $7.96
-----Nov 14, 2008-------
Downgraded to HOLD from BUY
Target reduced to $2.50 from $6.00Cdn
LUN Price day before:$1.72Finish day posting$1.52Current $7.96
************
.......CIBC World Markets….Oct 25, 2010
Maintained OUTPERFORM
Target raised to $8.00 from $7.50Cdn
LUN Price day before:$6.75Finish day posting$6.90Current $7.96
------Oct 13, 2010------
Maintained OUTPERFORM
Target raised to $7.50 from $6.10Cdn
LUN Price day before:$5.54Finish day posting$5.65Current $7.96
------July 30, 2010------
Maintained OUTPERFORM
Target reduced to $6.10 from $6.25Cdn (Target Hit Oct 21, 2010)
LUN Price day before:$4.00Finish day posting$4.00Current $7.96
**********
Ian Howat….National Bank Financial….Oct 25, 2010
Target raised to $7.50 from $6.00Cdn
LUN Price day before:$6.75Finish day posting$6.90Current $7.96
------Jan 27, 2010---------
Maintained OUTPERFORM
Target raised to $6.00 from $5.65Cdn (Target Hit Oct 21, 2010)
LUN Price day before:$4.55Finish day posting$4.31Current $7.96
------May 08, 2009------
Maintained OUTPERFORM
Target raised to $3.30 from $2.75Cdn (Target Hit June 11, 2009)
LUN Price day before:$2.57Finish day posting$2.93Current $7.96
-------Mar 02, 2009-----
Upgraded to OUTPERFORM from SECTOR PERFORM
Target raised to $1.50 from $1.20Cdn (Target Hit Mar 26, 2009)
LUN Price day before:$0.76Finish day posting$0.80Current $7.96
--------Feb 25, 2009------
Maintained SECTOR PERFORM
Target reduced to $1.20 from $1.55Cdn (Target Hit Mar 10, 2009)
LUN Price day before:$0.73Finish day posting$0.72Current $7.96
--------Jan 26, 2009------
Maintained SECTOR PERFORM
Target reduced to $1.55 from $2.95Cdn
LUN Price day before:$0.92Finish day posting$0.95Current $7.96
------Nov 24, 2008------
Maintained SECTOR PERFORM
Target reduced to $3.25 from $4.30Cdn
LUN Price day before:$1.05Finish day posting$0.95Current $7.96
------Oct 20, 2008-------
Downgraded to SECTOR PERFORM from OUTPERFORM
Target reduced to $4.75 from $9.00Cdn
LUN Price day before:$1.97Finish day posting$2.13Current $7.96
**********
David Charles............GMP….Oct 22, 2010
Maintained SECTOR PERFORM
Target raised to $8.00 from $6.25Cdn
LUN Price day before:$6.31Finish day posting$6.75Current $7.96
------May 08, 2009------
Target raised to $3.50 from $3.25Cdn (Target Hit Aug 04, 2009)
LUN Price day before:$2.57Finish day posting$2.93Current $7.96
-------Feb 27, 2009----
Target reduced to $1.60 from $2.65Cdn (Target Hit Mar 26, 2009)
LUN Price day before:$0.74Finish day posting$0.76Current $7.96
--------Feb 25, 2009------
Target reduced to $2.65 from $4.00Cdn
LUN Price day before:$0.73Finish day posting$0.72Current $7.96
-------Nov 14, 2008------
Price Target reduced to $4.00 from $5.50Cdn
LUN Price day before:$1.72Finish day posting$1.52Current $7.96
--------Oct 23, 2008------
Target reduced to $5.50 from $10.00Cdn
LUN Price day before:$1.75Finish day posting$1.65Current $7.96
************
Adam Schatzker….RBC Capital Markets….Oct 22, 2010
Maintained SECTOR PERFORM
Target raised to $7.35 from $5.00Cdn
LUN Price day before:$6.31Finish day posting$6.75Current $7.96
------Sept 07, 2010-------
Downgraded to SECTOR PERFORM from OUTPERFORM
LUN Price day before:$4.53Finish day posting$4.42Current $7.96
-------July 29, 2010------
Maintained OUTPERFORM
Target reduced to $5.00 from $6.25Cdn (Target Hit Sept 28, 2010)
LUN Price day before:$3.98Finish day posting$4.00Current $7.96
-------Feb 25, 2010-----
Maintained OUTPERFORM
Target raised to $6.25 from $5.80Cdn
LUN Price day before:$4.45Finish day posting$4.45Current $7.96
-------Aug 28, 2009------
Upgraded to OUTPERFORM from SECTOR PERFORM
Target raised to $5.00 from $4.40Cdn
LUN Price day before:$3.77Finish day posting$3.88Current $7.96
-------Feb 27, 2009--------
Maintained SECTOR PERFORM
Target reduced to $1.00 from $1.30Cdn (Target Hit Mar 05, 2009)
LUN Price day before:$0.74Finish day posting$0.76Current $7.96
------Jan 28, 2009------
Target raised to $1.30 from $1.24Cdn
LUN Price day before:$0.91Finish day posting$0.92Current $7.96
-----Nov 24, 2008-------
Target reduced to $1.24 from $2.30Cdn (Target Hit Nov 27, 2008)
LUN Price day before:$1.05Finish day posting$0.95Current $7.96
**********
Markus Almerud ….Morgan Stanley….Mar 31, 2010
Maintained EQUALWEIGHT
Target raised to $5.50 from $4.60Cdn
LUN Price day before:$5.23Finish day posting$5.39Current $7.96
------Jan 21, 2009-----
Downgraded to UNDERWEIGHT from EQUALWEIGHT
LUN Price day before:$1.21Finish day posting$1.24Current $7.96
*********
….Credit Suisse….Dec 14, 2009
Maintained OUTPERFORM
Target reduced to $5.50 from $5.75Cdn (Target Hit Oct 05, 2010)
LUN Price day before:$4.20Finish day posting$4.25Current $7.96
------Oct 20, 2009--------
Upgraded to OUTPERFORM from NEUTRAL
Target raised to $5.75 from $3.50Cdn
LUN Price day before:$4.60Finish day posting$4.60Current $7.96
--------Aug 07, 2009-------
Maintained NEUTRAL
Target raised to $3.50 from $2.75Cdn
LUN Price day before:$3.89Finish day posting$3.98Current $7.96
-------May 08, 2009-------
Maintained NEUTRAL
Target raised to $2.75 from $2.00Cdn
LUN Price day before:$2.57Finish day posting$2.93Current $7.96
------Feb 27, 2009------
Maintained NEUTRAL
Target reduced to $1.00 from $1.60Cdn (Target Hit Mar 05, 2009)
LUN Price day before:$0.74Finish day posting$0.76Current $7.96
-----Nov 24, 2008-------
Downgraded to NEUTRAL from OUTPERFORM
Target reduced to $4.00 from $5.00Cdn
LUN Price day before:$1.05Finish day posting$0.95Current $7.96
-----Oct 20, 2008----
Target reduced to $5.00 from $11.00Cdn
LUN Price day before:$1.97Finish day posting$2.13Current $7.96
************
...........
New OUTPERFORM
Target $6.00Cdn (Target Hit Oct 21, 2010)
LUN Price day before:$4.53Finish day posting$4.67Current $7.96
*************
….Cormark….Sept 17, 2009
Downgraded to MARKET PERFORM from BUY
LUN Price day before:$4.17Finish day posting$3.89Current $7.96
----May 08, 2009-------
Upgraded to BUY from MARKET PERFORM
Target raised to $3.50 from $2.25Cdn (Target Hit Aug 04, 2009)
LUN Price day before:$2.57Finish day posting$2.93Current $7.96
--------Feb 27, 2009------
Target raised to $2.25 from $2.00Cdn (Target Hit Apr 02, 2009)
LUN Price day before:$0.74Finish day posting$0.76Current $7.96
----Jan 26, 2009----
Price Target reduced to $2.00 from $3.00Cdn (Target Hit Mar 30, 2009)
LUN Price day before:$0.92Finish day posting$0.95Current $7.96
------Oct 29, 2008----
Target reduced to $3.00 from $6.00Cdn
LUN Price day before:$1.36Finish day posting$1.85Current $7.96
************
Nawojka Wachowiak............….Sept 15, 2009
Target raised to $4.90 from $4.80Cdn (Target Hit Sept 27, 2010)
LUN Price day before:$4.02Finish day posting$4.11Current $7.96
------May 26, 2009------
Upgraded to BUY from HOLD
Target raised to $3.10 from $2.60Cdn (Target Hit June 09, 2009)
LUN Price day before:$2.59Finish day posting$2.56Current $7.96
-----May 08, 2009------
Target raised to $2.60 from $2.50Cdn
LUN Price day before:$2.57Finish day posting$2.93Current $7.96
------Apr 16, 2009---------
Downgraded to HOLD from BUY
Target raised to $2.50 from $2.30Cdn (Target Hit)
LUN Price day before:$2.28Finish day posting$2.19Current $7.96
-------Feb 27, 2009----
Upgraded to BUY from HOLD
Target reduced to $1.10 from $1.20Cdn (Target Hit Mar 09, 2009)
LUN Price day before:$0.74Finish day posting$0.76Current $7.96
-------Feb 19, 2009------
Target raised to $1.20 from $0.90Cdn
LUN Price day before:$0.85Finish day posting$0.85Current $7.96
-----Jan 08, 2009-----------
Target raised to $2.15 from $1.90Cdn
LUN Price day before:$1.42Finish day posting$1.43Current $7.96
--------Nov 21, 2008-------
Price Target reduced to $1.20 from $1.50Cdn (Target Hit Nov 27, 2008)
LUN Price day before:$1.01Finish day posting$1.05Current $7.96
-----Nov 14, 2008----
Price Target reduced to $1.50 from $3.35Cdn
LUN Price day before:$1.72Finish day posting$1.52Current $7.96
************
Cliff Hale-Sanders ….CIBC World Markets….May 29, 2009
Maintained OUTPERFORM
Target raised to $4.25 from $3.50Cdn (Target Hit Oct 16, 2009)
LUN Price day before:$2.61Finish day posting$2.63Current $7.96
-----May 08, 2009------
Target raised to $3.50 from $3.25Cdn (Target Hit Aug 04, 2009)
LUN Price day before:$2.57Finish day posting$2.93Current $7.96
------Jan 26, 2009---------
Upgraded to OUTPERFORM from SECTOR PERFORM
Target raised to $2.00 from $1.45Cdn (Target Hit Mar 30, 2009)
LUN Price day before:$0.92Finish day posting$0.95Current $7.96
-----Jan 07, 2009-----
Target raised to $1.45 from $1.25Cdn
LUN Price day before:$1.53Finish day posting$1.42Current $7.96
-------Nov 24, 2008----
Downgraded to SECTOR PERFORM from OUTPERFORM
Target reduced to $1.25 from $3.00Cdn (Target Hit Nov 27, 2008)
LUN Price day before:$1.05Finish day posting$0.95Current $7.96
-----Oct 29, 2008----
Target reduced to $3.00 from $4.50Cdn
LUN Price day before:$1.36Finish day posting$1.85Current $7.96
************
...........Macquarie….Nov 24, 2008
Upgraded to OUTPERFORM from UNDERPERFORM
LUN Price day before:$1.05Finish day posting$0.95Current $7.96
**********
Lundin Mining Corporation
Short Positions
Date Outstanding Price Range
Dec 01 to 15 2010 24,013,207 $7.53 to $6.76
Nov 16 to 30 2010 31,850,476 $6.83 to $6.13
Nov 01 to 15 2010 29,595,169 $7.11 to $6.17
Oct 16 to 31 2010 23,347,593 $7.04 to $5.45
Oct 01 to 15 2010 22,400,796 $5.83 to $5.01
Sept 16 to 30 2010 22,803,318 $5.35 to $4.38
Sept 01 to 15 2010 22,910,466 $4.67 to $4.30
Aug 16 to 31 2010 20,945,217 $4.36 to $3.72
Aug 01 to 15 2010 20.60 million $4.35 to $3.74
July 16 to 30 2010 19.43 million $4.09 to $3.41
July 01 to 15 2010 20.01 million $3.88 to $2.91
June 16 to 30 2010 17,800,656 $3.92 to $2.97
June 01 to 15 2010 15,518,394 $4.16 to $3.37
May 16 to 31 2010 14,013,482 $4.18 to $3.29
May 01 to 15 2010 16,327,277 $4.87 to $3.87
Apr 16 to 30 2010 21,458,699 $5.42 to $4.72
Apr 01 to 15 2010 15,250,596 $5.77 to $5.30
Mar 16 to 31 2010 15,521,353 $5.52 to $4.78
Mar 01 to 15 2010 15,579,695 $5.26 to $4.30
Feb 16 to 28 2010 15,799,797 $4.53 to $4.26
Feb 01 to 15 2010 14,956,243 $4.76 to $3.98
Jan 16 to 31 2010 17,095,726 $4.86 to $4.12
Jan 01 to 15 2010 15,629,784 $5.18 to $4.38
Dec 16 to 31 2009 14,826,179 $4.77 to $3.97
Dec 01 to 15 2009 14,894,959 $4.93 to $4.13
Nov 16 to 30 2009 14,469,180 $4.96 to $4.45
Nov 01 to 15 2009 14,740,305 $4.58 to $4.14
Oct 16 to 30 2009 15,110,237 $4.77 to $4.11
Oct 01 to 15 2009 14,707,065 $4.23 to $3.25
Sept 16 to 30 2009 14,452,624 $4.18 to $3.46
Sept 01 to 15 2009 14,487,349 $4.12 to $3.57
Aug 17 to 31 2009 14,607,248 $3.94 to $3.66
Aug 04 to 14 2009 13,267,265 $4.10 to $3.56
July 16 to 31 2009 13,137,069 $3.49 to $3.02
July 02 to 15 2009 13,325,001 $3.41 to $2.65
June 16 to 30 2009 13,371,082 $3.40 to $2.96
June 01 to 15 2009 12,872,333 $3.45 to $2.69
May 19 to 29 2009 $2.83 to $2.40
May 01 to 15, 2009 115,846,603 $2.97 to $2.18
Apr 16 to 30, 2009 12,971,093 $2.29 to $1.90
Apr 01 to 15, 2009 15,792,226 $2.30 to $1.92
Mar 16 to 31, 2009 13,988,601 $2.00 to $1.08
Mar 13, 2009 13,693,905 $1.20 to $0.73
Feb 27, 2009 18,623,393 $0.88 to $0.69
Feb 13, 2009 18,704,243 $0.95 to $0.75
Jan 31, 2009 14,151,411 $1.36 to $0.86
Jan 15, 2009 14,794,992 $1.57 to $1.16
Dec 31, 2008 15,202,718 $1.24 to $1.00
Dec 15, 2008 14,523,592 $1.34 to $0.97
Nov 28, 2008 14,703,538 $1.58 to $0.77
Nov 14, 2008 24,903,342 $2.10 to $1.43
Oct 31, 2008 23,415,631 $2.22 to $1.25
Oct 15, 2008 23,538,424 $3.18 to $1.89