Antofagasta’s profits hit by weak copper prices; outlook still bullish
Copper miner Antofagasta’s (LON:ANTO) revenue shrank by a fifth in 2022 on weak copper prices. But given the long-term bullish outlook for the base metal should we buy the stock on weakness? Antofagasta’s earnings were eroded by volatile copper prices Last year was a particularly volatile year due to the protracted war in Ukraine, surging inflation […]
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