Previous close | 12.29 |
Open | 12.52 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 12.52 - 13.61 |
52-week range | 6.92 - 29.79 |
Volume | |
Avg. volume | 231,596 |
Market cap | 11.345B |
Beta (5Y monthly) | 2.01 |
PE ratio (TTM) | N/A |
EPS (TTM) | -1.70 |
Earnings date | 23 Jul 2024 - 29 Jul 2024 |
Forward dividend & yield | 0.16 (1.59%) |
Ex-dividend date | 25 Aug 2023 |
1y target est | 13.06 |
Panama will bar First Quantum from extracting copper during the closure of the mine it lost the rights to run last year, the country's trade minister Jorge Rivera Staff told Reuters, adding that new ways need to be found to finance the mine's shutdown. Miners around the world tend to keep mining during closure processes as they use those profits to finance shutdowns, but such a move is off the table in the case of Cobre Panama, Rivera Staff said in an interview on Thursday. The decision to strip Canada's First Quantum from its contract, which accounted for about 40% of its revenue last year, came amid nationwide protests that also led authorities to ban to all metal mining activities.
Southern Copper's (SCCO) first-quarter 2024 results reflect lower prices of copper, molybdenum and zinc, which offset higher sales volumes for copper and molybdenum.
Canada's resource-heavy main stock index rose on Friday, adding to its weekly gain, as evidence of stubborn inflation in the United States increased the appeal of owning commodity-linked shares. The Toronto Stock Exchange's S&P/TSX composite index ended up 83.86 points, or 0.4%, at 21,969.24. "The market is clearly looking for inflation hedges and I think you've seen that with the move we've seen in commodities of late," said Mike Archibald, a portfolio manager at AGF Investments.