Antofagasta plc (OTCMKTS:ANFGF – Get Free Report) shares traded up 0.3% on Monday. The stock traded as high as $52.50 and last traded at $51.0150. 6,853 shares traded hands during mid-day trading, an increase of 15% from the average session volume of 5,945 shares. The stock had previously closed at $50.8850.
Analysts Set New Price Targets
Several equities analysts have commented on ANFGF shares. Scotiabank reiterated a “sector perform” rating on shares of Antofagasta in a report on Monday, June 15th. Deutsche Bank Aktiengesellschaft reiterated a “sell” rating on shares of Antofagasta in a report on Thursday, July 2nd. Morgan Stanley restated an “underweight” rating on shares of Antofagasta in a report on Wednesday, July 8th. Finally, Citigroup raised Antofagasta from a “buy” rating to an “overweight” rating in a research report on Monday, July 6th. Two analysts have rated the stock with a Buy rating, five have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Reduce”.
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Antofagasta Stock Performance
About Antofagasta
Antofagasta plc is a mining company headquartered in the United Kingdom with its principal operations in Chile. The company focuses primarily on the exploration, development and production of copper, a metal used extensively in electrical equipment, infrastructure, construction and renewable-energy technologies. It also produces by-products including gold, molybdenum and silver at certain operations.
Antofagasta operates four copper mining divisions in northern and central Chile: Los Pelambres, Centinela, Antucoya and Zaldívar.
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