Antofagasta plc (LON:ANTO - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 1,766.17 ($22.82) and traded as high as GBX 1,885.50 ($24.36). Antofagasta shares last traded at GBX 1,817.50 ($23.48), with a volume of 2,640,067 shares.
Wall Street Analyst Weigh In
A number of equities analysts have recently issued reports on ANTO shares. Canaccord Genuity Group reissued a "buy" rating and set a GBX 2,125 ($27.46) target price on shares of Antofagasta in a research note on Monday, March 3rd. Citigroup reduced their target price on Antofagasta from GBX 2,800 ($36.18) to GBX 2,500 ($32.30) and set a "buy" rating for the company in a report on Thursday, December 12th. Finally, JPMorgan Chase & Co. reaffirmed an "overweight" rating and set a GBX 2,400 ($31.01) price target on shares of Antofagasta in a research note on Thursday, March 6th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of GBX 2,185 ($28.23).
Check Out Our Latest Research Report on Antofagasta
Antofagasta Trading Up 2.9 %
The company has a market cap of £23.67 billion, a price-to-earnings ratio of 30.97, a PEG ratio of -1.08 and a beta of 1.00. The company has a debt-to-equity ratio of 65.33, a current ratio of 2.14 and a quick ratio of 2.78. The business's 50-day simple moving average is GBX 1,785.51 and its 200-day simple moving average is GBX 1,766.09.
Antofagasta Increases Dividend
The business also recently disclosed a dividend, which will be paid on Monday, May 12th. Stockholders of record on Thursday, April 17th will be given a $0.24 dividend. This is an increase from Antofagasta's previous dividend of $0.08. This represents a dividend yield of 0.93%. The ex-dividend date of this dividend is Thursday, April 17th. Antofagasta's dividend payout ratio is currently 41.91%.
Antofagasta Company Profile
(
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Antofagasta plc is a copper mining group with significant by-product production and interests in transportation. The Group creates value for its stakeholders through the discovery, development and operation of copper mines. The Group is committed to generating value in a safe and sustainable way throughout the commodity cycle.
Further Reading
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