|Bid||1,503.50 x 0|
|Ask||1,504.50 x 0|
|Day's range||1,488.00 - 1,538.00|
|52-week range||575.00 - 1,616.50|
|Beta (5Y monthly)||0.89|
|PE ratio (TTM)||44.38|
|Forward dividend & yield||0.11 (0.69%)|
|Ex-dividend date||03 Sep 2020|
|1y target est||N/A|
Iván Arriagada Herrera has been the CEO of Antofagasta plc ( LON:ANTO ) since 2016, and this article will examine the...
If you believe in the so-called "clean energy transition," then you almost certainly believe that demand for copper is going to rise significantly in the decades to come. The long-term demand case for copper is quite simple and was highlighted by Freeport-McMoRan on its recent third-quarter earnings call presentation. Management cited figures from the International Copper Association (ICA) outlining that electric vehicles (EV) used up to four times the amount of copper as internal combustion engines.
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...