Antofagasta (ANTO)

Sector:

Mining

Index:

FTSE 100

2,039.00p
   
  • Change Today:
      54.00p
  • 52 Week High: 2,045.00
  • 52 Week Low: 1,293.00
  • Currency: UK Pounds
  • Shares Issued: 985.86m
  • Volume: 769,321
  • Market Cap: £20,102m
  • RiskGrade: 186

Third-quarter copper output jumps at Antofagasta

By Abigail Townsend

Date: Wednesday 19 Oct 2022

LONDON (ShareCast) - (Sharecast News) - Antofagasta reported a surge in third-quarter copper production on Wednesday, after water availability improved at its flagship Los Pelambres operation in Chile.
Group copper production was 181,900 tonnes during the quarter, 40.1% higher than the previous three months, after production nearly doubled at Los Pelambres, which had been affected by drought.

For the first nine months of the year, group copper production was 450,600 tonnes, down 17% on the same period a year previously.

Ivan Arriagada, chief executive of the London-listed Chilean miner, said: "We remain on track to achieve the lower end of our full-year guidance of 640,000-660,000 tonnes." Antofagasta trimmed the range, from 660,000-690,000, in July, citing both uncertain water availability at Los Pelambres - the world's largest copper reserve - and rising input prices.

Gold production for the quarter was 46,900 ounces, up 32.5% on the second quarter, while year-to-date production was down 35.6% to 120,700 ounces, because of expected lower grades at its Centinela mine.

Shares in the blue chip slipped 1% to 1,097.5p as trading got underway on Wednesday.

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Antofagasta Market Data

Currency UK Pounds
Share Price 2,039.00p
Change Today 54.00p
% Change 2.72 %
52 Week High 2,045.00
52 Week Low 1,293.00
Volume 769,321
Shares Issued 985.86m
Market Cap £20,102m
RiskGrade 186

Antofagasta Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
99.6% below the market average99.6% below the market average99.6% below the market average99.6% below the market average99.6% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Price Trend
87.31% above the market average87.31% above the market average87.31% above the market average87.31% above the market average87.31% above the market average
90.21% above the sector average90.21% above the sector average90.21% above the sector average90.21% above the sector average90.21% above the sector average
Income
98.23% below the market average98.23% below the market average98.23% below the market average98.23% below the market average98.23% below the market average
91.3% below the sector average91.3% below the sector average91.3% below the sector average91.3% below the sector average91.3% below the sector average
Growth
54.47% below the market average54.47% below the market average54.47% below the market average54.47% below the market average54.47% below the market average
21.88% below the sector average21.88% below the sector average21.88% below the sector average21.88% below the sector average21.88% below the sector average

What The Brokers Say

Strong Buy 4
Buy 0
Neutral 6
Sell 6
Strong Sell 1
Total 17
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Antofagasta Dividends

  Latest Previous
  Final Interim
Ex-Div 18-Apr-24 31-Aug-23
Paid 10-May-24 29-Sep-23
Amount 24.30¢ 11.70¢

Trades for 28-Mar-2024

Time Volume / Share Price
17:19 313 @ 2,039.03p
17:19 5,038 @ 2,039.03p
17:15 395 @ 2,039.00p
17:08 20 @ 2,017.89p
16:35 415,511 @ 2,039.00p

Antofagasta Key Personnel

Chair Jean-Paul Luksic

Top of Page