Lonmin PLC (OTCMKTS:LNMIY) Research Coverage Started at Investec

Investec assumed coverage on shares of Lonmin PLC (OTCMKTS:LNMIY) in a research note published on Tuesday, October 24th. The brokerage issued a sell rating on the stock.

Separately, Goldman Sachs Group, Inc. (The) raised Lonmin PLC from a sell rating to a neutral rating in a research note on Thursday, June 29th.

Shares of Lonmin PLC (OTCMKTS:LNMIY) traded down $0.08 during midday trading on Tuesday, hitting $0.82. The company had a trading volume of 95,537 shares, compared to its average volume of 6,646. The company has a quick ratio of 2.28, a current ratio of 4.09 and a debt-to-equity ratio of 0.12. Lonmin PLC has a 1 year low of $0.80 and a 1 year high of $2.74.

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Lonmin PLC Company Profile

Lonmin Plc is a producer of platinum group metals (PGMs). The Company is engaged in the discovery, extraction, refining and marketing of PGMs. The Company’s segments include PGM Operations, Evaluation, Exploration and Other. Its geographical segments include The Americas, Asia, Europe and South Africa.

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