Antofagasta plc (LON:ANTO)’s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 1,438.69 ($18.80) and traded as high as GBX 1,902.50 ($24.86). Antofagasta shares last traded at GBX 1,867.50 ($24.40), with a volume of 1,036,080 shares.

ANTO has been the subject of a number of analyst reports. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell reaffirmed a “sell” rating on shares of Antofagasta in a report on Wednesday, February 24th. Morgan Stanley lowered Antofagasta to an “underweight” rating and set a GBX 1,300 ($16.98) price objective for the company. in a research note on Wednesday, March 24th. Barclays dropped their target price on Antofagasta from GBX 1,100 ($14.37) to GBX 1,050 ($13.72) and set an “underweight” rating for the company in a report on Monday, February 8th. JPMorgan Chase & Co. lowered their price target on Antofagasta from GBX 1,170 ($15.29) to GBX 1,080 ($14.11) and set a “neutral” rating for the company in a research report on Thursday, January 21st. Finally, Citigroup reiterated a “sell” rating on shares of Antofagasta in a research report on Wednesday, February 24th. Six investment analysts have rated the stock with a sell rating and four have issued a hold rating to the stock. Antofagasta presently has a consensus rating of “Sell” and a consensus price target of GBX 1,051.25 ($13.73).

The firm has a market cap of £18.22 billion and a PE ratio of 49.36. The business has a 50 day simple moving average of GBX 1,738.29 and a two-hundred day simple moving average of GBX 1,443. The company has a quick ratio of 2.92, a current ratio of 3.28 and a debt-to-equity ratio of 37.25.

The company also recently declared a dividend, which will be paid on Friday, May 14th. Stockholders of record on Thursday, April 22nd will be given a dividend of $0.49 per share. This is an increase from Antofagasta’s previous dividend of $0.06. The ex-dividend date is Thursday, April 22nd. This represents a dividend yield of 2.04%. Antofagasta’s dividend payout ratio is presently 0.36%.

Antofagasta Company Profile (LON:ANTO)

Antofagasta plc, through its subsidiaries, primarily engages in the exploration, evaluation, development, and mining of copper properties in Chile and internationally. It operates through Los Pelambres, Centinela, Antucoya, Zaldívar, Exploration and Evaluation, and Transport segments. The company produces copper concentrates containing by-products, such as molybdenum, gold, and silver; and copper cathodes.

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