|Bid||82.75 x 444900|
|Ask||83.25 x 140500|
|Day's range||80.75 - 83.25|
|52-week range||61.50 - 251.00|
|PE ratio (TTM)||-0.45|
|Dividend & yield||N/A (N/A)|
|1y target est||N/A|
CEO Ben Magara says he is finding "levers to pull" as he boosts production and keeps costs at the low end of expectations.
Platinum miner Lonmin (Berlin: 30318982.BE - news) cut more costs and improved its mining performance in its third quarter, it said on Monday, but falling metal prices continued to weigh. Shares (Berlin: DI6.BE - news) in the South Africa-focused company were up 7 percent in London by 0920 GMT, outpacing the wider sector. Lonmin (LSE: LMI.L - news) has been struggling with shrinking profit margins due to high costs, operational issues and stubbornly low platinum prices.
Lonmin Plc climbed the most in more than three months as the world’s third-largest platinum miner kept costs down in the latest quarter, helping it generate cash even as the metal’s price declined.