Previous Close | 6.21 |
Open | 6.10 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's Range | 6.10 - 6.10 |
52 Week Range | 4.63 - 6.58 |
Volume | |
Avg. Volume | 36 |
Market Cap | N/A |
Beta (5Y Monthly) | N/A |
PE Ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | N/A |
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The London-listed miner and trader said it produced 1.06 million tonnes of copper last year.
State-owned Chilean Copper Commission (Cochilco) on Thursday raised its projection for 2023 copper prices to $3.85 per pound, up from a December estimate of $3.70 a pound, as inventories worldwide drop. Cochilco also pegged its estimated 2024 copper price at an average of $3.65 a pound. In a statement, Mining Minister Marcela Hernando said that "the easing of the zero COVID-19 policy in China; the moderation of North American monetary policy due to the drop in inflation; expectations of a milder than estimated recession in Europe" help the price of the metal.
Worries about a recession are keeping investors on edge.