Lundin Mining Corporation (TSE:LUN) shareholders might be concerned after seeing the share price drop 17% in the last month. But that scarcely detracts from the really solid long term returns generated by the company over five years. We think most investors would be happy with the 105% return, over that period. We think it’s more important to dwell on the long term returns than the short term returns. Only time will tell if there is still too much optimism currently reflected in the share price.
Although Lundin Mining has shed CA$708m from its market cap this week, let’s take a look at its longer term fundamental trends and see if they’ve driven returns.
Check out our latest analysis for Lundin Mining
To quote Buffett, ‘Ships will sail around the world but the Flat Earth Society will flourish. There will continue to be wide discrepancies between price and value in the marketplace…’ One flawed but reasonable way to…
