Lundin Mining Corporation (TSX:LUN) agreed to acquire Fruta del Norte gold mine in Ecuador from Newmont Corporation (NYSE:NEM) for approximately $330 million on April 25, 2024. As part transaction consideration terms $180 million will pay as of the expected closing date of June 28, 2024, and the remaining $150 million by September 30, 2024. The transaction expected to close on June 28, 2024.
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5-day change | 1st Jan Change | ||
14.5 CAD | -1.36% |
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-5.91% | +33.76% |
05-30 | UBS Raises its Copper Price Forecast on Dropping Supply | MT |
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Stocks mentioned in the article
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Capi.
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40.91 USD | +0.22% | -0.94% | 47.18B | ||
14.5 CAD | -1.36% | -5.91% | 8.19B | ||
![Consensus](/images/consensus_flch.gif)
EPS Revisions
1st Jan change | Capi. | |
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+33.76% | 8.19B | |
-15.10% | 142B | |
-4.36% | 69.14B | |
-7.72% | 43.66B | |
-0.14% | 39.52B | |
+20.72% | 36.49B | |
+103.03% | 33.48B | |
+17.03% | 24.74B | |
+74.94% | 19.9B | |
+35.64% | 16.28B |
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- Lundin Mining Corporation agreed to acquire Fruta del Norte gold mine in Ecuador from Newmont Corporation for approximately $330 million.