Antofagasta maintains output guidance as Q2 production falls

22nd Jul 2020 08:02

(Sharecast News) - Copper miner Antofagasta reported lower second quarter production after coronavirus restrictions cut workforce numbers, with the company maintaining guidance for output at the lower end of guidance.

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Monday broker round-up

13th Jul 2020 13:48

(Sharecast News) - Kingfisher: RBC Capital Markets reiterates outperform with a target price of 275.0p

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Copper prices rally after Antofagasta miners vote to strike

13th Jul 2020 08:17

(Sharecast News) - Copper prices spiked on Monday on possible supply issues, after workers at a Chilean mine owned by Antofagasta voted in favour of strike action.

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Wednesday broker round-up

8th Jul 2020 14:03

(Sharecast News) - Persimmon: Peel Hunt upgrades to add with a target price of 2,730.0p.

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Deutsche Bank ups targets for miners, positive on Chinese growth

11th Jun 2020 14:23

(Sharecast News) - Analysts at Deutsche Bank hiked their target prices for a raft of miners on Thursday, despite what it termed the "clear risks and uncertainties" around Covid-19 and the outlook for global demand.

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Tuesday broker round-up

9th Jun 2020 13:49

(Sharecast News) - Biffa: Citigroup downgrades to sell with a target price of 210p.

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Antofagasta says Covid-19 spike could restrict workforce

20th May 2020 10:54

(Sharecast News) - Antofagasta said its mines were producing copper at or near expected levels but that a recent rise in new Covid-19 cases in Chile threatened to restrict its ability to move workers to and from sites.

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Antofagasta cuts final dividend due to Covid-19

19th May 2020 07:33

(Sharecast News) - Chilean copper miner Antofagasta said on Tuesday that it has cut its 2019 final dividend in light of the coronavirus pandemic and the measures taken to slow its spread.

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Wednesday broker round-up

22nd Apr 2020 13:54

(Sharecast News) - Centrica: Jefferies downgrades to hold with a target price of 29p.

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Antofagasta production to be at lower end of guidance amid pandemic

22nd Apr 2020 08:13

(Sharecast News) - Antofagasta reported first quarter copper production of 194,000 tonnes on Wednesday, making for an increase of 2.9% year-on-year and 4.6% higher than in the fourth quarter.

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RBC downgrades Antofagasta to 'underperform', cuts target

6th Apr 2020 14:39

(Sharecast News) - Analysts at RBC Capital Markets downgraded shares in Antofagasta to 'underperform' and lowered their target price, saying the South American copper miner faced more downside than its peers from the Covid-19 pandemic impact.

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Antofagasta suspends ops at Los Pelambres for 120 days

6th Apr 2020 08:26

(Sharecast News) - South American copper miner Antofagasta said it had suspended its Los Pelambres Expansion project in Chile for about 120 days due to the coronavirus crisis.

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Antofagasta reviews capex as FY profits rise

17th Mar 2020 08:01

(Sharecast News) - Chilean copper producer Antofagasta reported increased full year profits as sales rose and costs fell, but warned spending was under review in light of tough global economic conditions.

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Tuesday preview: Fiscal policy, Antofagasta in the spotlight

16th Mar 2020 15:48

(Sharecast News) - The focus on Tuesday may shift towards fiscal policy as investors digest the measures announced overnight in the euro area, which at least initially were met with a favourable response from some economists.

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Friday broker round-up

14th Feb 2020 12:38

(Sharecast News) - SSE: Morgan Stanley downgrades to equal weight with a target price of 1,620p.

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