Antofagasta Share Discussion Threads

[philanderer] 16/9/2021 11:04

DEUTSCHE BANK CUTS ANTOFAGASTA PRICE TARGET TO 1,310 (1,320) PENCE - 'HOLD'

[philanderer] 23/8/2021 11:13

RBC CUTS ANTOFAGASTA PRICE TARGET TO 1,000 (1,050) PENCE - 'UNDERPERFORM'

[philanderer] 20/8/2021 10:48

DEUTSCHE BANK CUTS ANTOFAGASTA PRICE TARGET TO 1,320 (1,350) PENCE - 'HOLD'

[philanderer] 20/8/2021 00:54

Copper miner Antofagasta posts bumper profits The company is building a desalination plant at Los Pelambres, which will become operational next year, to help with the water shortages. “Once it’s built . . . we have got the water requirements addressed from the potential shortages we might have,” ....Iván Arriagada, Antofagasta’s chief executive https://www.ft.com/content/f8ca2d87-7322-46b2-b04f-254c7accff6e

[philanderer] 20/8/2021 00:51

Investors Chronicle: Antofagasta profits soar but production falters Copper miner to hand out hefty interim payout but flags water shortage as a risk to production August 19, 2021 A looming fall in the copper price is not ideal for Antofagasta but it is in net cash and looks to soon have a fix to its water issues. Buy. HTTPS://www.investorschronicle.co.uk/news/2021/08/19/antofagasta-profits-soar-but-production-falters/

[philanderer] 19/8/2021 18:51

There was some support for Antofagasta from Peel Hunt analysts, however, after they stuck by their target price of 1,545p, compared with 1,403p after today's 67p fall. The 280.6% hike in dividend to 23.6 cents a share, amounting to $233 million and in line with a commitment to pay 35% of net earnings, was broadly in line with the broker's expectations. It will be paid to shareholders on October 1. Peel Hunt said Antofagasta shares still offered appealing exposure to copper and that the pull back for shares due to slower growth rates in China's economy offered an opportunity. The broker said: “We would use further pull backs to add to positions, as we continue to expect copper prices to rally over the next two years.” Counterparts at Deutsche Bank are less optimistic and recently placed a “sell” recommendation on Antofagasta, naming Glencore as their preferred pick for copper exposure due to self-help measures, an undemanding valuation and strong cash flows. ii.co.uk

[philanderer] 19/8/2021 11:11

JPMORGAN CUTS ANTOFAGASTA PRICE TARGET TO 1,460 (1,490) PENCE - 'NEUTRAL'

[philanderer] 19/8/2021 10:43

Antofagasta slumps 5% on production downgrades HTTPS://www.sharesmagazine.co.uk/news/shares/antofagasta-slumps-5-on-production-downgrades

[action] 19/8/2021 08:40

How long will it take Chinese to develope one of the biggest mine in Afghanistan?Not good for this share and Glenmore as Chinese are know for flooding the market as we seen in Steel industry.

[philanderer] 15/8/2021 19:13

Questor: this copper miner offers growth potential as we move towards a low-carbon future Questor share tip: Antofagasta’s solid financial position should allow it to capitalise on a long-term imbalance between demand and supply https://www.telegraph.co.uk/investing/shares/questor-copper-miner-offers-growth-potential-move-towards-low/

[montyhedge] 21/6/2021 09:57

1210p looks next support, if this keeps on falling.

[montyhedge] 16/6/2021 13:31

Yes rather be in gold and silver miner.

[toptrump1] 16/6/2021 07:57

Copper continues to slide

[montyhedge] 15/6/2021 13:03

Amazed holding above 1500p.

[montyhedge] 10/6/2021 19:41

Diku, think your right 1210p my new target.

[big7ime] 09/6/2021 16:10

So you don’t know

[montyhedge] 07/6/2021 13:30

Will Chile bring this copper royalty tax in, Peru elections now, will they follow Chile and bring in copper royalty tax, sticking to gold and silver pure mining companies in Russia for the time being.

[big7ime] 03/6/2021 10:19

you haven’t answered my question mh

[diku] 28/5/2021 09:40

From around 1950p to 1500p...overly bloated pumped up air squeezed out...

[montyhedge] 27/5/2021 10:09

DJ copper index looking very strong.

[big7ime] 27/5/2021 09:37

Do you mean their elections in Nov?

[montyhedge] 26/5/2021 17:39

You said you would not invest in Glencore, at least Deutsch Bank BUY rating today on Glencore 420p target.I would not touch Anto until vote.