BMO Capital Markets Upgrades Lonmin (OTCMKTS:LNMIY) to Market Perform

Lonmin (OTCMKTS:LNMIY) was upgraded by research analysts at BMO Capital Markets from an “underperform” rating to a “market perform” rating in a research report issued to clients and investors on Friday, December 15th.

Separately, Investec reissued a “sell” rating on shares of Lonmin in a report on Tuesday, October 24th. Two analysts have rated the stock with a sell rating and three have issued a hold rating to the company’s stock. The stock currently has an average rating of “Hold”.

Shares of Lonmin (OTCMKTS:LNMIY) opened at $1.17 on Friday. 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 has a 1 year low of $0.79 and a 1 year high of $2.39.

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About Lonmin

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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