You are here

Prices & Quotes - UK Markets - Antofagasta (ANTO)

Risk Warning The value of investments can fall as well as rise and any income from them is not guaranteed and you may get back less than you invested. Past performance is not a guide to future performance.

Share Price:
Up 1,925.00p
Change Today:
29.50p
Market Cap:
£18,978m
Sector:
Mining

Antofagasta sees solid 2021 after strong final quarter

By Sean Farrell

Date: Wednesday 20 Jan 2021

LONDON (ShareCast) - (Sharecast News) - Antofagasta said it expected a solid performance in 2021 as the miner reported a strong final quarter that supported annual production in line with guidance.
Annual copper production fell 4.7% to 733,900 tonnes in the six months to the end of December. Copper production rose 13.6% to 192,600 tonnes in the fourth quarter from the previous quarter as throughput increased at all operations.

Full-year gold production fell 28% to 204,100 ounces from a year earlier but was above guidance after production jumped 43% to 54,700 ounces from the previous quarter.

Net cash costs for the year fell 6.6% to $1.14 per, below guidance, as cash costs before byproduct credits dropped.

The FTSE 100 company forecast copper production of 730-760 tonnes for 2021 and 240-260,000 ounces of gold. Cash costs are expected to be $1.65 per lb before by-product credits and $1.25 per lb after the credits. Capital spending will be $1.6bn as spending on growth projects increases after $200m of 2020 spending was deferred.

Chief Executive IvŠn Arriagada said: "Despite a challenging year that was placed on the world by COVID-19, the resilience and flexibility of our operations has meant that we have finished the year strongly, achieving full year production guidance and lower cash costs than in 2019. We expect another solid performance in 2021."

Antofagasta shares were little changed at £15.10.50 at 09:02 GMT.

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Antofagasta Market Data

Currency UK Pounds
Price 1,925.00p
Change Today 29.50p
52 Week High 1,938.62p
52 Week Low 783.60p
Volume 1,281,225
Shares Issued 985.86m
Market Cap £18,978m

Performance Indicators

Compare performance with the sector and the market.

Key
Vs Market
Vs Sector
Value
market
  1. half market star
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. empty sector
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
Price Trend
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. half market star
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. empty sector
Income
market
  1. full market star
  2. half market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. empty sector
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
Growth
market
  1. full market star
  2. full market star
  3. half market star
  4. empty market
  5. empty market
sector
  1. half sector star
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
Price Chg 6m
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. empty sector
P/E
market
  1. full market star
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. empty sector
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
PEG
market
  1. empty market
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. empty sector
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
Dividend Yield
market
  1. full market star
  2. full market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. half sector star
  3. empty sector
  4. empty sector
  5. empty sector
EPS Growth
market
  1. full market star
  2. full market star
  3. full market star
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. empty sector
  4. empty sector
  5. empty sector
Operating Margin
market
  1. full market star
  2. full market star
  3. full market star
  4. half market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. empty sector

What The Brokers Say

Strong Buy 2
Buy 1
Neutral 7
Sell 1
Strong Sell 8
Total 19
sell
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Antofagasta Dividends

  Latest Previous
  Final Interim
Ex-Div 22-Apr-21 03-Sep-20
Paid 14-May-21 02-Oct-20
Amount 48.50¢ 6.20¢

Trades for 06-May-2021

Time Volume / Share Price
16:35 375,145 @ 1,925.00p
16:29 3 @ 1,925.50p
16:29 33 @ 1,925.50p
16:29 15 @ 1,925.50p
16:29 33 @ 1,925.50p

Antofagasta Key Personnel

Chair Jean-Paul Luksic