- Financial Times•11 days ago
A powerful rally in copper in recent weeks sends a clear message: not many traders were long. The lucky will feel smart; the rest will be smarting. The promise of a US infrastructure boom under President ...
- Reuters•12 days ago
Canada's main stock index fell to a new one-week low on Tuesday as energy stocks slumped due to major oil exporters' struggle to agree on terms of a planned production cut, while Bank of Nova Scotia gained after a solid earnings report. The most influential weights on the index included Suncor Energy Inc, which fell 2.2 percent to C$40.35, and Canadian Natural Resources Ltd, down 2.3 percent to C$41.67. The pullback in energy stocks is a "buying opportunity," said Philip Petursson, chief investment strategist at Manulife Asset Management.
- Reuters•16 days ago
A plan by Zambia to put a duty on copper concentrates imports could put a kink in the global supply chain for the metal, industry sources said, by forcing neighbouring Democratic Republic of Congo (DRC) to send surplus mine output elsewhere. The 7.5 percent duty announced earlier this month and due to come into force at the start of 2017, is likely to disrupt supply of refined metal in the early part of the year, just as the global market moves away from surplus, helping to support prices. Zambia, Africa's second-largest copper producer, will produce about 425,000 tonnes of copper metal this year, according to consultancy GFMS, accounting for about 2 percent of global output.
FM.TO : Summary for FIRST QUANTUM MINERALS LTD - Yahoo Finance
First Quantum Minerals Ltd. (FM.TO)
Toronto - Toronto Delayed Price. Currency in CAD
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|Day's Range||15.56 - 16.10|
|52 Week Range||2.15 - 16.87|
|PE Ratio (TTM)||225.94|
|Dividend & Yield||0.01 (0.10%)|
|1y Target Est||N/A|