Risk factor
Strong & resilient to price shocks
Profitability factor
Greatly overvalued vs peers
About
Antofagasta plc functions as a mining enterprise, carrying out its activities through several distinct divisions: Los Pelambres, Centinela, Antucoya, Zaldívar, Exploration and Evaluation, and a dedicated Transport Division. The company possesses substantial ownership in major Chilean mining assets, specifically a 60% stake in Los Pelambres, 70% in Centinela, 70% in Antucoya, and 50% in Zaldívar. These operations primarily generate copper cathodes and concentrates, along with valuable by-products including molybdenum, gold, and silver. Beyond its active mines, Antofagasta also undertakes exploration initiatives in various countries. Additionally, it offers essential logistics services, providing rail and road freight solutions to mining clients located in northern Chile. Founded in 1888, the firm's main offices are situated in London, United Kingdom, and it operates as a subsidiary of Metalinvest Establishment.
Company Valuation
From both historical and forecast perspectives, the stock is considerably overpriced compared to similar stocks. Specifically, the stock is 'expensive' on P/E, neutral on
Target Price
The average target price of ANTO.L is 3870 and suggests 1.07% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to