Antofagasta (ANFGF) Projected to Release Quarterly Earnings on Thursday

Antofagasta (OTCMKTS:ANFGF) will likely be posting its resultson Thursday, August 13th. Analysts expect Antofagasta to announce earnings of $0.7270 per share and revenue of $4.4514 billion for the quarter.

Antofagasta Trading Up 0.7%

OTCMKTS:ANFGF opened at $54.36 on Tuesday. Antofagasta has a one year low of $27.61 and a one year high of $61.72. The business’s 50-day simple moving average is $52.09 and its 200 day simple moving average is $51.45.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on ANFGF shares. Scotiabank reaffirmed a “sector perform” rating on shares of Antofagasta in a research report on Monday, June 15th. Deutsche Bank Aktiengesellschaft reaffirmed a “sell” rating on shares of Antofagasta in a report on Thursday, July 2nd. Oddo Bhf assumed coverage on Antofagasta in a report on Wednesday, April 15th. They issued a “neutral” rating on the stock. Berenberg Bank lowered Antofagasta from a “buy” rating to a “hold” rating in a research report on Thursday, April 16th. Finally, Citigroup upgraded Antofagasta from a “buy” rating to an “overweight” rating in a research note on Monday, July 6th. Two research analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, Antofagasta presently has a consensus rating of “Reduce”.

About Antofagasta

Antofagasta PLC, trading on the London Stock Exchange and as ADRs on the OTC market under the symbol ANFGF, is a leading Chilean copper producer with integrated exploration and mining operations. Headquartered in Santiago, Chile, the company focuses on the extraction, processing and sale of copper concentrates, cathodes and related by-products such as molybdenum. Its core assets include the Los Pelambres, Centinela, Antucoya and Zaldivar mines, which leverage advanced technologies and large-scale infrastructure to optimise productivity and resource recovery.

Founded in the late nineteenth century as a regional railway operator, Antofagasta has transitioned into a global mining group with a diversified portfolio of operations and investments.