|Bid||36.20 x 0|
|Ask||36.80 x 0|
|Day's Range||36.80 - 36.80|
|52 Week Range||27.80 - 125.00|
|Beta (5Y Monthly)||1.33|
|PE Ratio (TTM)||6.84|
|Forward Dividend & Yield||2.34 (6.26%)|
|Ex-Dividend Date||Aug 18, 2022|
|1y Target Est||N/A|
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(Bloomberg) -- Anglo American Plc said production across its operations will be lower than expected in the next couple of years, the latest big miner to warn on its ability to hit output goals.Most Read from BloombergPutin Says Russia May Add Nuclear First Strike to StrategyHarry and Meghan Throw the Gauntlet to William and KateCeline Dion Brings Attention to Stiff Person Syndrome: Here’s What It IsStocks Suffer Late-Day Swoon as Traders Shun Risk: Markets WrapMusk Twitter Leak Raises Concern Ab
LONDON (Reuters) -Global miner Anglo American Plc on Friday cut its copper production outlook for 2023, impacted by lower grades at its Chilean mines, and also trimmed the higher-end of output target for 2022. The London-listed miner now expects its copper mines to produce between 840,000 and 930,000 tonnes in 2023 compared with a prior estimate of 910,000 tonnes to 1.02 million tonnes. In 2022, it expects to produce between 650,000 and 660,000 tonnes of copper from a previous guidance between 640,000 and 680,000 tonnes.
The Quellaveco copper ramp-up and strong diamond production was offset by ore grades in Chile and lower production from Kumba and platinum group metals.