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ANTO Antofagasta Plc

2,039.00
54.00 (2.72%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Antofagasta Plc LSE:ANTO London Ordinary Share GB0000456144 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  54.00 2.72% 2,039.00 2,041.00 2,042.00 2,045.00 1,995.00 2,007.00 1,080,308 16:35:28
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Copper Ores 6.32B 835.1M 0.8471 24.09 20.12B
Antofagasta Plc is listed in the Copper Ores sector of the London Stock Exchange with ticker ANTO. The last closing price for Antofagasta was 1,985p. Over the last year, Antofagasta shares have traded in a share price range of 1,280.00p to 2,045.00p.

Antofagasta currently has 985,856,695 shares in issue. The market capitalisation of Antofagasta is £20.12 billion. Antofagasta has a price to earnings ratio (PE ratio) of 24.09.

Antofagasta Share Discussion Threads

Showing 3326 to 3347 of 3500 messages
Chat Pages: 140  139  138  137  136  135  134  133  132  131  130  129  Older
DateSubjectAuthorDiscuss
10/6/2021
18:41
Diku, think your right 1210p my new target.
montyhedge
09/6/2021
15:10
So you don’t know
big7ime
07/6/2021
12:30
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.
montyhedge
03/6/2021
09:19
you haven’t answered my question mh
big7ime
28/5/2021
08:40
From around 1950p to 1500p...overly bloated pumped up air squeezed out...
diku
27/5/2021
09:09
DJ copper index looking very strong.
montyhedge
27/5/2021
08:37
Do you mean their elections in Nov?
big7ime
26/5/2021
16:39
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.
montyhedge
25/5/2021
22:26
I had Xstrata but I wouldn’t invest in Glencore,you’d never know where you were and where the next scandal was coming
Prefer RIO, not itself untouched by problems but generally safer

Know any good producing copper pure plays?

big7ime
25/5/2021
19:03
If they do but I can't see it getting through Congress. But copper would double has mines that need update, say it's not worth it and close.I can see why Glencore reopening their big copper mine in the Congo next year, cash in.
montyhedge
25/5/2021
15:03
I think it will. The country is facing a crisis, the political scene is moving far left and cost of coronavirus needs to be paid for. The incumbent govt couldn’t even override lawmakers for the pension withdrawals, won’t be able to use the constitution now and can see where public opinion is so will have to tax the rich. Anto is an easy target
This now uninvestable

big7ime
25/5/2021
10:19
Seen it all before since 2011, never get through their Congress, a lot of smaller mines it's not variable.But copper would go to $18000 if it happened.
montyhedge
25/5/2021
00:48
"Royal Bank of Canada cut its price target for Antofagasta shares because of tax risks for the copper miner in Chile.

Lawmakers in the lower house of the world's biggest copper producer nation approved a bill on 6 May that would impose a royalty on copper sales to pay for social programmes. The tax would increase with prices, causing opponents to complain it would hit investment.

RBC analysts said if the change goes through it could cause a decline of 50% or more in Antofagasta's net asset value. The bank kept its 'underperform' rating on the company's shares and cut its target price to £10.50 from £14.

"We don't think the current royalty bill will pass, but we do think following recent political shifts that risks remain high and are unlikely to be resolved until after November elections," RBC analyst Tyler Broda said in a note to clients."

Quite an NAV decline that.

glavey
24/5/2021
18:09
Don't forget been hearing this since 2011, always stopped in Congress.
montyhedge
24/5/2021
14:30
I do prefer Glencore at least in DRC, for a punt.It's what you think copper price will do. Antofagasta found a level it seems.
montyhedge
24/5/2021
14:27
Won’t happen, they will shoot themselves in the foot, threat of mine closures by the mining companies, so many Chileans out of work, copper goes to $18000.
montyhedge
24/5/2021
14:23
All politics, election of left-wingers & likely tax hikes in Chile.
vulgaris
24/5/2021
14:08
DJ commodity copper index rising nicely this afternoon, but copper miners no gains, seems strange.
montyhedge
24/5/2021
10:11
Held very well, bounce coming, I think copper to have a run up.
montyhedge
19/5/2021
07:03
1410p my target support level.
montyhedge
18/5/2021
16:29
Yes Chile will kill the golden goose.
montyhedge
18/5/2021
16:09
More immediately, the results may add momentum to a copper royalty bill set to go before senate in coming weeks that would create one of the heaviest tax burdens in global mining.

Talk of 80% or even 100% of any additional profit from prices above $4.50 which would in effect mean higher than current prices would have no benefit to Chilean mines and could even be detrimental with many inefficient mines forced to close.

big7ime
Chat Pages: 140  139  138  137  136  135  134  133  132  131  130  129  Older

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