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Lundin posts 1Q profit

TORONTO (AP) _ Lundin Mining Corp. (LUNMF) on Wednesday reported first-quarter net income of $106.4 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Toronto-based company said it had net income of 13 cents.

The base metals mining company posted revenue of $487.8 million in the period.

Lundin shares have increased 15 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $5.53, an increase of 60 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LUNMF at https://www.zacks.com/ap/LUNMF


Keywords: Lundin Mining, Earnings Report